Ministry of Power sets green energy targets for State Discoms
The Ministry of Power has issued guidelines, for long term growth trajectory for RPO of Non solar as well as for Solar. Though the guidelines have been issued, the final targets will be set by each individual state's electricity regulatory
REC Trade Result July 2016
In contrast to June 2016, which saw huge demand for both Non-solar and Solar RECs, this month trading did not fare that well. This month trading saw a dip in the demand for both Solar and Non-Solar RECs. The demand
REC Trade Result June 2016
This month trading saw a huge surge in the demand for both Solar and Non-Solar RECs. The demand rose approximately 2.5 times for both non-solar and solar, while also registering good clearing ratios at both the exchanges, as compared to
REC Trade Result May 2016
May 2016 saw reduced traded volumes compared to last month and from May 2015. Generally early months of the compliance year see significantly reduced trading volumes. However, May 2015 saw high trading volume due to the Supreme Court order on RPO compliance. Compared to last
REC Trade Result April 2016
April, being the first month of the Financial Year to, saw good demand in both segments, as compared to the April-2015. The total transaction value stood at 113 Crores as compared to 213 Crores last month. Analysis of Trading: Non Solar – Clearing ratio
Maharashtra Published RPO Regulations for FY 2016-17 to FY 2019-20
Maharashtra published RPO regulations covering the period FY 2016-17 to FY 2019-20. The highlights of the regulation are: RPO % in FY 2016-17 is 11% in total (10% non-solar and 1% solar). This will increase to 15% by FY 2019-20 (11.5%
REC Trade Result March 2016
March, being the last month of the Financial Year to fulfil the yearly RPO obligations, saw significant rise in demand in both the Solar and Non-Solar segments, as compared to the last three months. Non-Solar RECs demand almost doubled and
MNRE Issues Notice on RPO compliance
The Ministry of New and Renewable Energy in collaboration with Government of India has made a great initiative by spreading the message about RPO and the need for its compliance through Times of India. The Government highlights that all the
REC Trade Result February 2016
RECs demand has shown significant improvement over last month trading session. Non Solar REC’s and Solar REC’s traded this month were 70% higher and 57% higher respectively, compared to trading session of January 2016. The total transaction value of REC’s hit a sum total of Rs 119.5 crore, compared
NLDC Invites Comments for bi-monthly REC Trading Session
National Load Dispatch Centre has invited comments and suggestions, on the REC Procedure considering bi-monthly REC trading sessions, by 1st March 2016 to the Central Agency. The following modification has been proposed for the “Procedure for Redemption of REC’s”: All valid