REC TRADE RESULTS SEPTEMBER 2017
Non-solar demand was significantly higher than in September 2016, and also higher than last month. In total 3.82 lakh RECs were traded (47.56% higher than September 2016, and 32% higher than in August 2017), and clearing ratios on IEX and
REC TRADE RESULT AUGUST 2017
Supreme Court allowed conditional trading of Non-solar RECs in an order dated July 14, 2017 . Demand was expected to be low for two reasons - 1) obligated entities are required to pay at old RECs rate (Rs 1500/ REC);
DERC NOTIFIES RPO REGULATION
The DERC has released draft RPO regulations in an order dated 28/07/2017. Following are the salient features of the regulation: RPO Compliance: Aggregate from the gross purchases from generating stations by Obligated entities shall be considered as the quantum of RE purchase
CERC REJECTS IEX'S PROPOSAL FOR GDAM
The Indian Energy Exchange (IEX), so as to provide the obligated entities more number of ways to fulfill their RPO compliance, had proposed to the CERC to allow the existing renewable energy generators to trade RE on IEX. For the same,
REC TRADE RESULT JULY 2017
Supreme Court allowed conditional trading of Non-solar RECs on July 14, 2017 (our blog on the same can be accessed here). Demand was expected to be low for two reasons - 1) obligated entities are required to pay at old
MP PROPOSES AMENDMENTS TO RPO REGULATIONS
The MPERC has released the Sixth amendment to Madhya Pradesh Electricity Regulatory Commission (Cogeneration and Generation of Electricity from Renewable Sources of Energy) (Revision-I) Regulations, 2010 [ARG-33(I)(vi) of 2017] on July 1st 2017. In these regulations, it has revised the
ANDHRA PRADESH RELEASES RPO REGULATIONS FOR FY 2017:
The Andhra Pradesh Electricity Regulatory Commission (APERC) has release RPO percentages for the years 2017-22. The RPO percentages have increased significantly since last year. In the year 2016-17, the RPO percentages were 2% for non-solar and 1% for solar. For
REC TRADE RESULTS APRIL 2017
Being the first trade session of the financial year 2017-18, the April trade session was a robust one. Total Non-solar demand was 5.37 lakhs (vs 8.8 L demand in March), and clearing ratios on IEX and PXIL were 4.56% and
HIMACHAL PRADESH ELECTRICITY REGULATORY COMMISSION (RENEWABLE POWER PURCHASE OBLIGATION AND ITS COMPLIANCE) REGULATION
HPERC has notified Renewable Purchase Obligation and its compliance, 3rd amendment 2017 on 24th March 2017. Quantum of Renewable Power Purchase Obligation (RPPO) Since Himachal Pradesh mostly thrives on the energy produced through Hydropower, the state will be a beneficiary since RPO
REC TRADE RESULTS MARCH 2017:
March trading results were far better than anticipated considering the recent CERC order on revised floor and forbearance prices. The March trade session remained a robust one. Total Non-solar demand was 8.88 lakhs (vs 10.4 L demand in February), and