Delhi announces its final RPO regulation
The most awaited RPO regulations was finally announced by Delhi Electricity Regulatory Commission (DERC) for the capital region. Like RPO regulations of other states, DERC also came out with a similar one. The RPO regulation is applicable to: Distribution Licensee(s) operating in
Andhra Pradesh announces its Solar Policy
The government of Andhra Pradesh recently announced its State Solar Policy. The policy seems to be very attractive and will bring more solar developers into the state. The policy does not announce any feed in tariff or competitive bidding
Wind industry in Tamil Nadu gets attractive after rise in APPC
The wind industry gets more attractive after the announcement of new Average Pooled Power Cost in Tamil Nadu.There has been 7.17 % hike over the previous APPC price of Rs 2.39 per unit. The new price from now onwards will
TNERC revises APPC for FY 2012-13
In a recent announcement by Tamil Nadu Electricity Regulatory Commission (TNERC), the average pooled power cost has been increased by 7.7% to Rs.2.54 per unit for FY 2012-13. The previous APPC was Rs.2.37 per unit. The hike in APPC price
REC Trading Report – August 2012
Prices crashed to Rs 1,500 on IEX and Rs 1,555 on PXIL; a fall of 25% and 29% respectively over last month. This price fall was driven by a significant over-supply situation – close to 6.27 lakh RECs (33% increase
REC trade picks up speed
In yesterday's article of the Hindustan Times , Rupa Devi Singh,Managing Director of PXIL said that the REC market is expected to grow to Rs.100 crore by the end of 2012. Currently the market size per month is around
REC Trading Report – July 2012
Demand fell off the cliff this month, mainly driven by enforcement concerns and expectations of price fall in the future (due to increasing supply). Aggregate demand reduced to 161,000 RECs from 350,000 last month (-54%). On the other hand, supply
RPO targets to be met at minimal cost: FOR
In a recent Bloomberg article, the Forum of Regulators (FOR) said that the Renewable Power Purchase target can be easily achieved by DISCOMs at a minimal cost. The study of top electricity regulators says that there will be enough capacity
REConnect's journey so far
A recent article of The Hindu Business Line covered the story how REConnect was formed and their entrepreneurial journey till now . Vishal Pandya and Vibhav Nuwal , Directors, REConnect Energy Solutions met through Linkedin, shared their ideas of
DERC to mandate the use of Renewable Energy in Delhi by 2%
To encourage the use of renewable energy in New Delhi, DERC is ready to announce a 2% RPO for the Discoms in New Delhi. DERC is revising the domestic tariff for the financial year 2012-13 . In a recent article