REC Trade Results April 2015
We are pleased to share the Result of REC trading for the month of April-15. Solar RECs – Overall market clearance remained poor this time, with very low demand at both exchanges. Demand saw a dip from 68,982 last month to 8,522 this
MERC relaxes RPO compliance for BEST
MERC had notified the Maharashtra Electricity Regulatory Commission (Renewable Purchase Obligation, its Compliance and Implementation of Renewable Energy Certificate Framework) Regulations, 2010 (‘RPO-REC Regulations’) on 7 June, 2010. As per this regulation, following are the RPO targets for all obligated
CERC Finalizes RE Tariff for FY 15-16
The Central Electricity Regulatory Commission (CERC) has finalized the Tariff for Renewable sources of Energy. In its order dated 31st March 2014, it has calculated the RE tariff and the benchmark capital cost for solar energy projects following its draft
Rajasthan Proposes Wind Tariff for FY 15-16
The Rajasthan Electricity Regulatory Commission (RERC) on 20th March has proposed new tariff for wind energy sources, which will be applicable for the projects commissioned during FY 15-16. The commission has invited comments and suggestions from interested parties by 20th
Rec Trade Results March 2015
We are pleased to share the Result of REC trading for the month of March-15. Solar RECs – Overall market clearance remained optimistic this time, with good demand at PXIL and overall good clearance at both the exchanges. Demand rose from
UPERC Final Solar Rooftop Regulation, 2015
The Uttar Pradesh Electricity Regulatory Commission (UPERC) on 20th March has notified the finalized version of the regulation for solar grid interactive systems. The regulation will allow the consumer to install solar rooftop systems under net metering or gross metering
MNRE Draft guidelines for 2000 MW Solar projects Under VGF scheme
Ministry of New and Renewable Energy (MNRE) has notified the draft guidelines for the development of 2000MW of solar projects. The Solar Projects of 2000 MW Capacity under the State Specific VGF Scheme will be set up in the Solar
Punjab notifies Draft for amendment in RPO regulation
Punjab state Electricity regulatory Commission (PSERC) has notified a draft along with a staff paper for amendment in RPO regulation. Through public notice the commission has invited comments and suggestions on or before 20th March 2015. The new regulation proposes RPO
Analysis of Gujarat High Court judgment on co-generation and RPO
On 12th March, 2015, The Gujarat High Court gave its judgment in the case of Hindalco (Birla Copper), and others. This is a landmark judgment for two reasons: - It says that CPP and open access (OA) consumers are liable to
Draft net-metering regulations, Maharashtra (MERC)
MERC (Maharashtra Electricity Regulatory Commission) recently released the draft Net-metering regulations. In our opinion, these regulations are unlikely to enable large scale development of roof-top solar projects in the state. This is because several best-practices observed in the regulations of other