REC Trade Result August 2016
This month trading saw marginal increase in the demand for both Solar and Non-Solar RECs as compared to last month. Compared to August 2015, demand was almost double this month. The total transaction value stood at 52 Crores in comparison
MPERC(Cogeneration and Generation of Electricity from Renewable Sources of Energy) (Revision-I)
Madhya Pradesh Electricity regulatory Commission (MPERC) recently ordered amendment for its Cogeneration and Generation of Electricity from Renewable Sources of Energy Regulation 2010. The new amendment has defined the minimum quantum of electricity to be procured by all the Obligated Entities
National RPO Trajectory Declared
The Ministry of Power (MoP) declared the national RPO trajectory recently. According to the notification, overall RPO % is expected to be 11.5% in 2016-17 (including 2.75% of solar), and rising to 17% in three years (including 6.75% solar). This trajectory
Rajasthan Proposes Wind Tariff for FY 2016-17
The Rajasthan Electricity Regulatory Commission (RERC) recently proposed the new tariff for wind energy sources, which will be applicable for the projects commissioned during FY 16-17. The tariff will be applicable for 25 years. The details of the tariff proposed
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
GERC Determines Tariff for Procurement of Power from Wind Energy Projects
Gujarat Electricity Regulatory Commission (GERC) has proposed an increase in tariff for procurement of wind power. The higher tariff is on account of a rise in capital costs of setting up a wind power project in Gujarat. GERC has come out
CSERC Determination of Generic Tariff for Renewable Energy for FY 2015-16
The Chhattisgarh Electricity Regulatory Commission came up with its final order on the CSERC (Terms and Conditions for Determination of Renewable Energy (RE) Tariff) Regulations, 2015, (“the RE Tariff Regulations”) on 1st May, 2016. The RE Tariff Regulations specify the Terms
KERC Determines tariffs and other norms for Solar Rooftop and Small Photovoltaic Power Plants
This Order is applicable to all new grid connected solar rooftop and small solar photo voltaic power plants, entering into Power Purchase Agreement (PPA) and commissioned on or after 2nd May, 2016 and up to 31st March, 2018. Sharing of Clean
Tamil Nadu Electricity Regulatory Commission Amendment to RPO Regulation, 2010
The Tamil Nadu Electricity Regulatory Commission recently came up with new amendment in the Renewable Purchase Obligation, 2010. The amendment was made in the regulation 3 after sub regulation (1) regarding the RPO percentages as mentioned below The Commission orders that
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