APTEL directs NLDC to issue RECs from COD
Appellate Tribunal of Electricity (APTEL) in its order dated 28.11.2014, has directed NLDC to issue Renewable Energy Certificates (RECs) from the date of commercial operation (COD). As per the recent CERC amendment dated 10.07.2013 to REC Regulation, which specifies that the
MPERC Proposes Net Metering Regulation, 2014
Madhya Pradesh Electricity Regulatory Commission (MPERC) in its latest notification dated 26th November 2014 has proposed draft for Net Metering Regulation. The regulation will be known as MPERC (Grid connected Net Metering) Regulations, 2014. The regulation will come in force
REC Trading Report November-2014
REC trading session of Nov -14 was conducted on 26th Nov 2014. Below is a summary of the result:- The Total Transaction of RECs were around 300 Million INR in current Trading session. As inferred from closing and opening balance of REC
HPERC imposes penalty on HPSEBL
HPERC on 10th November 2014 issued order on petition filed by M/s Ujaas Energy Limited for non compliance of Renewable Power Purchase Obligation by obligated entities. Honorable commission has directed obligated entities to procure RECs from power exchange if there
Renewable Capacity Addition Drops in First Half of the fiscal year
The Renewable energy sector has seen a drop of 20% in the new capacity addition during the first half of the fiscal year 2014-15, when compared to previous year. The capacity addition during the same period in previous year was 1376
REC Trading October 2014 Results
REC trading session of Oct -14 was conducted on 29th Oct 2014. Below is a summary of the result:- The Total closing balance for the October Trading session was around 11 Million RECs. The RECs inventory is piling up and
CSERC’s order on non compliance of RPO by Discoms for the year 2011-12 & 2012-13
Chhattisgarh State Electricity Regulatory Commission (CSERC) passed an order on 15th October 2014 on non compliance of RPO by DISCOM's of Chhattisgarh for the year 2011-12 and 2012-13. In the order CSERC said that they will close this matter of
MPERC imposes penalty for non compliance of RPO
In an order dated 20th October 2014, Madhya Pradesh Electricity Regulatory Commission (MPERC) has imposed a token penalty of Rs. 25,000 for non compliance of RPO. The order is the outcome of the petition filed by M/S Green Energy Association
MNRE Releases Draft Guidelines for 3000 MW Solar Under JNNSM
Ministry of New and Renewable Energy (MNRE) has recently released the draft guidelines for selection of 3000 MW grid connected Solar PV Power Projects under Phase-II, Batch-II & tranche-I of JNNSM. Under Part-I of Tranche-I, 1000 MW Solar PV Projects would
CERC: 3rd Amendment (Draft) to REC Mechanism
We are pleased to convey that hon'ble CERC has issued 3rd amendment on REC Mechanism. Key highlights of the same are summarized below: Eligibility Criteria A) DISCOMs having met their previous year RPO can also claim RECs for surplus green power purchased. IMPACT: