Analysis of Gujarat High Court judgment on co-generation and RPO
On 12th March, 2015, The Gujarat High Court gave its judgment in the case of Hindalco (Birla Copper), and others. This is a landmark judgment for two reasons: - It says that CPP and open access (OA) consumers are liable to
REC Trade Results Feb 2015
We are pleased to share the Result of REC trading for the month of FEB-15. Solar RECs – Overall market clearance remained optimistic this time, with steep rise in demand at PXIL and overall good clearance at both the exchanges. Demand
MPERC proposes RPO Target & Finalizes Biogas Tariff
RPO Target The Madhya Pradesh Electricity Regulatory Commission (MPERC) on 30th Jan 2015, has proposed new Renewable Purchase Obligation (RPO) target for FY 15-16. The commission in its previous order dated 19th November 2010 had finalized RPO targets till FY 14-15.
REC Trade Results – January 2015
We are pleased to share the Result of REC trading for the month of JAN-15. Solar RECs - Overall market clearance remained low at PXIL in Solar whereas IEX reflected a good clearance ratio in Solar Market. Steep hike in demand
GERC Maintains Leniency over RPO Compliance
The Gujarat Electricity Regulatory Commission (GERC) in its orders Dated 16th Jan 2015, has given relief to the state distribution companies against their RPO compliance for the year 13-14. The summary of the GERC orders is given below: Orders on GUVNL:
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.
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
Rajasthan Draft Net Metering Regulation
Rajasthan Electricity Regulatory Commission (RERC) has recently notified draft regulation for Net Metering & small solar grid interactive systems. The regulation will come into force from the date of notification in the official Gazette. The regulation will apply to the distribution
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