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
KERC Imposes RPO on captive co-generating plants
Karnataka Electricity Regulatory Commission (KERC) after deliberating on Aptel order dated 26th April 2010, decided not to impose RPO on any person consuming electricity from Co-generation power plants on its order dated 8th May 2013. Subsequently similar matter was challenged before
MERC extends period of applicability of RE Tariff
The Commission had issued a Suo Moto Order on 7 July, 2014 in determining the Generic Tariff for RE technologies for the fifth year of the Control Period, i.e. FY 2014-15. The control period of RE Tariff regulations 2010, elapsed
Maharashtra: RPO Compliance and target for 2015-16
The Maharashtra Energy Development Authority submitted the RPO settlement data for MSEDCL on 14th September, 2014. There have been major shortfalls in meeting RPO targets. As for the total RPO targets set, a comparison below shows that MEDA had exceeded
REC Trade Results – June 2015
The June trade session remained below expectations compared to May’15 month performance. However, if we compare the performance with Jun’14, the response was still far better. After the announcement of an important judgment by Supreme Court, the market looks upbeat and
MPERC Proposes RPO Targets till FY 18-19
The Madhya Pradesh Electricity Regulatory Commission (MPERC) through a draft notification dated 30th May 2015, has proposed the amendment to RPO regulation 2010. The draft amendment proposes RPO targets for the upcoming years (till FY 18-19). The details of the RPO
Telangana Solar Power Policy 2015
The Government of Telangana has recently announced its new solar policy. The new policy will be known as The Telangana Solar Power Policy 2015. The new Policy will come in force from the date of issue and will remain in