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
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
RERC determines Additional Surcharge for Open Access Consumers 2016-17
In the recent decision the Rajasthan High Court passed an order against RERC for the levy of Rs.1/kWh as Additional Surcharge on all Open Access Consumers. On 12.05.2016 Rajasthan Electricity Regulatory commission passed an order for the levy of additional surcharge
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
MERC Distribution Open Access 2016
MERC (Maharashtra Electricity Regulatory Commission) has come up with the new distribution open access regulation 2016 on 30th March 2016 in the state of Maharashtra. The key changes in the regulation are: Allowing sourcing of power from multiple sources. Allowing sourcing of power
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%