REC trade result – July 2019
The July trade session saw a reduction in demand in both solar & non-solar, though it remained well above available supply. Prices increased for both solar & non-solar RECs. Non-Solar: Non-solar RECs traded at the price of INR 1705 at PXIL
HERC announces amendments to the Renewable Purchase Obligation Regulations 2017
Haryana Electricity Regulatory Commission recently announced partial amendments to the (Terms and Conditions for determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation and Renewable Energy Certificate) Regulations, 2017. This is the second amendment of the regulation. The new
BERC penalizes state DISCOMs over unfulfillment of RPO obligations
In a recent petition filed by BSPHCL on behalf of NBPDCL & SBPDCL, seeking approval for deviation to fulfill the obligation of RPO for FY 2018-19, the commission has rejected the plea and has not allowed the discoms to carry
Cabinet approves inclusion of Large Hydro Power as Renewable Energy
In a recent development, the union cabinet chaired by the Prime Minister approved to promote hydropower sector which includes large hydropower projects (HPO) as a part of the non-solar Renewable Purchase Obligation (RPO). India is endowed with large hydropower potential
RERC publishes (Renewable Energy Obligation) (Fifth Amendment) Regulations, 2019
Rajasthan Electricity Regulatory Commission (RERC) recently announced (Renewable Energy Obligation) (Fifth Amendment) Regulations, 2019, which shall come into effect from 1st April 2019 provided that the revised RPO for FY 2018-19 shall become applicable from 1.04.2018. The original RPO target
Ministry of Power announces renewed RPO trajectory for long-term
Ministry of Power (MoP) recently announced an order for long-term growth trajectory of Renewable Purchase Obligation (RPO) for solar and Non-solar for a period of three years i.e. 2019-20 to 2021-2022. In order to achieve the target of 175 GW
REC TRADE RESULTS MARCH 2018
For the first time after 2012, the total demand in REC (Non-Solar Segment) market exceeded the supply available. The trade session in March 2018 also ended the dry run that REC Market has been under since 2012 with 100% clearance
REC TRADE RESULTS FEBRUARY 2018
Non-solar demand was significantly higher than inFebruary 2017, and also last month. In total 23.58 lakh RECs were traded (125.85% higher than February 2017, and 91.61% higher than in January 2018), and clearing ratios on IEX and PXIL were 19.84%
REC TRADE RESULTS JANUARY 2018
Non-solar demand was marginally lower than in January 2017, and also significantly than last month. However, it must be kept in mind that last month traded volumes were at a record high, and overall, this year has seen significantly higher
Telangana releases draft RPO policy for the first time
Telangana State Electricity Regulatory Commission (TSERC) has released draft regulations for the compliance of Renewable Purchase Obligations for the state. These regulations are first of its kind in the state. Before this, the state was following RPO percentages determined by