CERC: REC Regulation 3rd Amendment
We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler | Statement of
REC Trade Report of December Trading Session
Non Solar RECs In November 2014, demand improved substantially over the previous month, closing over 3 Lakh. Clearing ratios showed significant improvement over the last month. The closing balance of REC inventory for Non- Solar RECs did not show much rise.
MNRE Finalizes Scheme for Development of Ultra Mega Power Projects
Ministry of New and Renewable Energy (MNRE) on 18th December 2014, has notified the final scheme for the development of Solar Parks and Ultra Mega Solar Power Projects in the country. The scheme aims to add 20 GW of solar
Odisha Finalizes Guidelines for Net Metering
Odisha Electricity Regulatory Commission (OERC) through an order has finalized the guidelines for Net Metering systems, including LT connectivity for Government/ PSU owned buildings only. A brief summary of the guidelines is given in table below: The commission is mandated to promote
Meghalaya Proposes New RPO Targets
Meghalaya State Electricity Regulatory Commission (MSERC) in a notification dated 03rd December 2014 has proposed draft for RPO Regulation 2014. The regulation will be known as MSERC Renewable Purchase Obligation & its Compliance Regulations, 2014. The regulation will come in
Odisha Proposes Draft for RPO Regulation, 2014
Odisha Electricity Regulatory Commission (OERC) on 5th December 2014 has notified draft for RPO Regulation 2014. The regulation has been named as Procurement of Energy from Renewable Sources and its Compliance Regulations, 2014. The targets proposed by OERC for procuring minimum
APTEL directs NLDC to issue RECs from COD
Appellate Tribunal of Electricity (APTEL) in its order dated 28.11.2014, has directed NLDC to issue Renewable Energy Certificates (RECs) from the date of commercial operation (COD). As per the recent CERC amendment dated 10.07.2013 to REC Regulation, which specifies that the
Stricter penalties in Electricity (Amendment) Act: Piyush Goyal (Power Minister)
The Power Ministry will soon come up with the Amendment in the Electricity Act 2003, which will have strict penalties. The proposed amendment is likely to be presented in the parliament during ongoing winter session. “We’re looking at presenting amendments to
APTEL directs KERC to revise Wind Tariff in Karnataka
The Appellate Tribunal for Electricity (APTEL) has found calculation errors in the tariff defined by Karnataka Electricity Regulatory Commission (KERC) for Wind generators, in its order dated 10.10.2013. In a hearing of petition filed Indian Wind Power Association & Indian Wind
Meghalaya: Net Metering and RE Tariff Regulation
Draft Net Metering Regulation: Meghalaya State Electricity Regulatory Commission (MSERC) has on 11th November has notified the draft regulation for Grid Connected Solar Rooftop Systems. The regulation will be called as (Rooftop Solar Grid Interactive systems based on Net metering) Regulations,