MNRE allays concerns over Must-Run status and Payment uncertainties amid Covid-19
The Ministry Of New and Renewable Energy (MNRE) through its Office Order dated 1st April 2020 has issued a clarification on the working of renewable energy plants across the country amid the lockdown due to COVID-19. The development came in
What's in store for the energy and power sector in Budget 2020
The first week of February 2020 was eventful as the union budget was announced spreading a mixed wave of emotions in the country. The budget apart from talking about changes in the tax brackets for the salaried, direct tax announcements
OERC notifies changes to the RPO obligation for Captive Power Producers
Odisha Electricity Regulatory Commission (OERC) in a recent notification has made changes for the RPO obligation for Captive Power Producers (CPPs). Following a clarification made by the Ministry of Power in the tariff policy dated April 2018, which had mentioned
Andhra Pradesh issues combined amendments to its solar, wind and, solar-wind hybrid policy
In a recent development, the Andhra Pradesh Government has taken some steps and amended its Andhra Pradesh Solar Policy 2018, Andhra Pradesh Wind Policy 2018, and Andhra Pradesh Solar & Wind Hybrid Policy 2018. The development took place post the
REC Trade Result – October 2019
The October trade witnessed a two and a half year high MCP of Rs 2,400 for solar REC's on both the exchanges while the demand remained stable as compared to the previous trade session. Solar RECs traded at the forbearance
Renewable Energy generation takes a fall while the RE installed capacity soars high
As per recent reports, renewable energy generation saw a decline of …% in the month of August 2019 as compared from July 2019. One of the major reasons for the decline is the variations in the weather. A very known
Rajasthan announces new draft solar policy 2019
Rajasthan Electricity Regulatory Commission along with Rajasthan Renewable Energy Corporation Limited announced the draft new solar policy 2019. The summary of the draft policy is as below: A target of 25 GW out of the total 100 GW capacity Grid
UPERC announces Captive and Renewable Energy plants Regulations, 2019
Uttar Pradesh Electricity Regulatory Commission recently notified the regulations for Captive and Renewable Energy Generating plants known as CRE regulations 2019. The regulations came into force since 1st April 2019 and will be in effect till 31st March 2024. The
MNRE announces benchmark costs for grid-connected rooftop solar plants for FY 19-20
The Ministry of New & Renewable Energy (MNRE) has published the new benchmark costs for Grid Connected Rooftop Solar Power Plants for the Year 2019- 20. The costs are categorized in two parts i.e. special category states & other states.
Union Minister for renewable energy approves Dispute Resolution Mechanism for wind/solar sector
Recently after taking charge of the ministries of Power and New & Renewable Energy, the Power & Energy Minister, Mr. R.K.Singh has approved for a formation of a Dispute Resolution Mechanism for Solar/Wind sector. This decision was taken to facilitate