MPERC(Cogeneration and Generation of Electricity from Renewable Sources of Energy) (Revision-I)
Madhya Pradesh Electricity regulatory Commission (MPERC) recently ordered amendment for its Cogeneration and Generation of Electricity from Renewable Sources of Energy Regulation 2010. The new amendment has defined the minimum quantum of electricity to be procured by all the Obligated Entities
National RPO Trajectory Declared
The Ministry of Power (MoP) declared the national RPO trajectory recently. According to the notification, overall RPO % is expected to be 11.5% in 2016-17 (including 2.75% of solar), and rising to 17% in three years (including 6.75% solar). This trajectory
Ministry of Power sets green energy targets for State Discoms
The Ministry of Power has issued guidelines, for long term growth trajectory for RPO of Non solar as well as for Solar. Though the guidelines have been issued, the final targets will be set by each individual state's electricity regulatory
REC Trade Result July 2016
In contrast to June 2016, which saw huge demand for both Non-solar and Solar RECs, this month trading did not fare that well. This month trading saw a dip in the demand for both Solar and Non-Solar RECs. The demand
UERC Order on Non Compliance of RPO
UERC Maintains its tough stand for non compliance of RPO. In a recent order the Uttarakhand Electricity Regulatory Commission has directed UPCL to procure non-solar RECs equivalent to 7.50% of unmet non-solar RPO up to FY 2015-16 latest by 31st
REC Trade Result June 2016
This month trading saw a huge surge in the demand for both Solar and Non-Solar RECs. The demand rose approximately 2.5 times for both non-solar and solar, while also registering good clearing ratios at both the exchanges, as compared to
REC Trade Result May 2016
May 2016 saw reduced traded volumes compared to last month and from May 2015. Generally early months of the compliance year see significantly reduced trading volumes. However, May 2015 saw high trading volume due to the Supreme Court order on RPO compliance. Compared to last
REC Trade Result April 2016
April, being the first month of the Financial Year to, saw good demand in both segments, as compared to the April-2015. The total transaction value stood at 113 Crores as compared to 213 Crores last month. Analysis of Trading: Non Solar – Clearing ratio
Maharashtra Published RPO Regulations for FY 2016-17 to FY 2019-20
Maharashtra published RPO regulations covering the period FY 2016-17 to FY 2019-20. The highlights of the regulation are: RPO % in FY 2016-17 is 11% in total (10% non-solar and 1% solar). This will increase to 15% by FY 2019-20 (11.5%
Analysis of CERC’s 4th Amendment to REC Regulations
CERC published the 4th Amendment to REC regulations in end-March. These regulations will have a significant impact on the RECs markets going forward, as a large portion of the existing capacity under the mechanism will become in-eligible for RECs. In summary,