ANALYSIS OF APTEL ORDER ON REC PRICING AND MULTIPLIER
Order in the case of REC pricing and vintage multiplier has now been uploaded on the ApTel’s website. Following is a quick summary of the same: ApTel has rejected all prayers of the RE generators. Specifically, it has held: - Pricing: ApTel found
UPDATE ON HEARING ON PRICE AND TRADING OF SOLAR RECS IN APTEL
We attended the hearing at ApTel today. The court has dismissed all the petitions – implying that the CERC order remains as is. More details will be available once the final order is uploaded on the ApTel’s website (generally by
EXTENSION ON WAIVER OF INTER-STATE TRANSMISSION CHARGES AND LOSSES FOR ELECTRICITY GENERATED FROM SOLAR AND WIND SOURCES
The Ministry of Power has released an order which provides extension on the waiver of intra-state transmission charges and losses for transmission of electricity generated from solar and wind sources. As per the last order dated 14 June 2017, MoP
GUVNL'S BIDDING FETCHES TARIFF OF Rs 2.65
In a bidding which took place on 19th September 2017 for a 500 MW solar plant of Gujarat Urja Vikas Nigam Ltd. (GUVNL), the lowest price determined was Rs 2.65 per unit. This was slightly higher than the price of
CEA’S DRAFT NATIONAL ELECTRICITY PLAN
Central Electricity Authority (CEA) published the Draft National Electricity Plan (NEP). Following are some of the main features of the report: For the 12th plan (2013-2018), target capacity addition from renewable energy was set at 30,000 MW. However, in view of
SOLAR CAPACITY SET TO CROSS 20 GW IN THE NEXT 15 MONTHS, SAYS PIYUSH GOYAL:
As per Mr Piyush Goyal, India’s installed solar capacity is going to cross the 20 GW mark from the current 19 GW capacity by 2020. The reason for this estimated increase has been attributed to the fact that Make in
INDIA’S SOLAR CAPACITY CROSSES 10 GW:
As per the article in DNA India, the New and Renewable Energy Minister, Piyush Goyal, declared that India has crossed 10,000 MW of solar energy on the 12th of this month and has increased more than three times in the
REC Trade Results February 2017
The Feb trade session remained a robust one, following the record setting session in January. Total Non-solar demand was 10.4 lakhs (vs 15.2 L demand in January), and clearing ratios on IEX and PXIL were 8.7 and 6.2% respectively. On
KEY PROVISIONS FOR THE RENEWABLE ENERGY INDUSTRY IN UNION BUDGET 2017
Nothing exceptional was noticed in the budget this year with regards to the Renewable Energy sector. There was no change in the accelerated depreciation rate or the coal cess. Neither was there any change seen in the National Clean Energy
PORTUGAL RUNS ON RENEWABLES FOR FOUR AND A HALF DAYS
In a remarkable achievement reported by The Guardian, the country of Portugal ran only on renewable power for 107 hours in the month of May. The sources of renewable power that the country relied on were hydro, wind and solar