UDAY Scheme’s Impact on Renewable Energy Sector
The UDAY scheme was launched by the government in November 2015, and so far as met with a good response from the states (16 states representing more than 90% of DISCOM losses has joined) and from industry observers. These cover
REC TRADE RESULTS DECEMBER 2015
The demand response for REC’s saw very good momentum in the December’s trading session. Non Solar REC’s and Solar REC’s traded this month were 288% higher and 29.8% lower respectively, compared to trading session of November. The total transaction value of REC’s hit a sum total of Rs 156 crores, compared
Analysis of Model Regulations on Forecasting and Scheduling of Wind and Solar Generating Stations at State Level
As you may be aware, CERC had notified forecasting and scheduling (F&S) regulation for inter-state sale of power a few months back. Now, with the intent of having compatible regulations, the Forum Of Regulators (FOR) has come up with model
Orissa to Set up 1000MW Solar Power Park
The Orissa government plans to add aggregate clean energy capacity of 1,000 MW by establishing solar parks in the state by 2020. The target, fixed by the state government in its draft Orissa Solar Park Policy, 2014, primarily aims at
OERC (Procurement of Energy Renewable Sources and its Compliance) Regulations, 2015
Orissa Electricity Regulatory Commission released the notification on Procurement of energy from Renewable Sources on 10th October, 2015. This regulation set the basic principle for promoting the sale of power from renewable sources to any person within the state of
National Offshore Wind Energy Policy 2015
The Ministry of New and Renewable Energy released its first ever National Offshore Wind Energy Policy on 1st October 2015. India has already achieved significant success in the onshore wind power development with about 24 GW of wind energy capacity
India’s Energy Mix to Have 40% Renewable Sources by 2030
The Renewable energy holds a share of 12% in the current energy mix of India. As a part of its contribution under the Paris Climate Change Agreement, India sets target of achieving at least 40% of India's total power capacity
REC Trade Results September 2015
Demand for both Solar and Non Solar REC’s remained lackluster in this trading session. A sum total of 1, 93,619 Solar and Non Solar RECs were sold in the current trading session. The total transaction value of REC’s was a paltry Rs.35.1 crores. Analysis of
Three States to Kick Start Power Sector Reforms
A joint statement was released on 21st September 2015, by Goa, Uttarakhand and Meghalaya where these states have signed a joint statement of reforms with the Central Government in order to enable 24x7 power supplies to consumers. The joint statement highlighted
OERC Order on RPO Compliance
The Green Energy Association and Orissa Renewable Energy Development Agency had filed a petition in the matter of non-compliance of RPO by obligated entities in OERC. The respondents GRIDCO and NALCO quoted the same reason of non-availability of RECs in