REC TRADE RESULTS MARCH 2018
For the first time after 2012, the total demand in REC (Non-Solar Segment) market exceeded the supply available. The trade session in March 2018 also ended the dry run that REC Market has been under since 2012 with 100% clearance
Policy for Repowering of the Wind Power Projects
The Ministry of New & Renewable Energy in consultation with various stakeholders including the Industry and States had come up with the Draft Policy for Repowering of the Wind Power Projects in the month of March this year. After 4
REC TRADE RESULTS AUGUST 2015
August trading session saw a stagnant response from the Non-Solar demand side. However the Solar RECs saw a huge recovery from rise in demand during trading session. A sum total of 149,209 RECs were redeemed in this session, compared to
Amendment in Electricity Act Presented in Parliament
The amendment to electricity Act 2003 was presented in the parliament on 19th December 2014. It was expected that this amendment will bring about big reforms in the electricity sector. The Government had earlier expressed its intention of bringing amendment in
Stricter penalties in Electricity (Amendment) Act: Piyush Goyal (Power Minister)
The Power Ministry will soon come up with the Amendment in the Electricity Act 2003, which will have strict penalties. The proposed amendment is likely to be presented in the parliament during ongoing winter session. “We’re looking at presenting amendments to
MNRE to soon roll out draft Renewable Energy Act
According to an article in Indian Express, MNRE (Ministry of New & Renewable Energy) is planning to notify its first draft of Renewable Energy Act for comments and suggestions. Earlier Prime Minister Modi led government decided to come up with a