NEW FORBEARANCE AND FLOOR PRICE FOR REC FRAMEWORK:
Summary: The Honorable CERC published the final order on revised price bands for RECs which will be valid from April 1, 2017 onwards. The new floor and forbearance prices are given below This represents a drastic reduction of 71% for Solar RECs, and
RPO COMPLIANCE TO DRIVE THE COUNTRY TOWARDS RENEWABLE ENERGY GROWTH:
In an article in the Economic Times, the importance of RPOs has been highlighted by saying that RPOs are the most important instruments towards achieving the lofty goal of installing 175 GW of renewable energy by 2022. Last year, 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
REC Trade Results January 2017
This month’s trading saw a remarkable turnaround with respect to the overall Non solar REC clearance. The clearance ration stood at a shooting high of 10.8% for non solar. The demand for solar REC saw marginal improvement in respect to
REC Trade result December 2016
This month trading saw good results with respect to the Non solar REC clearance overall. The demand for solar REC saw marginal improvement in respect to the last month. The total transaction value stood at 74.4 Crores in comparison to
REC Market demand & supply forecast for FY 16-17
Every year, around the mid-year mark we forecast the demand and supply in the RECs markets for the remain-der of the financial year. The second half of the FY is the busy period for the RECs markets as most transactions
Uttarakhand Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance)
The Ministry of Power (MoP) had recently declared the national RPO trajectory. The order had enlisted the yearly RPO trajectory for both non-solar and solar power purchase from 2016-17 till 2018-19. Following the steps of MoP RPO trajectory and other
Joint Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance)
The Joint Electricity Regulatory Commission (Goa and UT’s) recently came up with its long term Renewable purchase obligation trajectory and compliance regulation, following the footsteps of states like Chhattisgarh, HP and AP. JERC has declared its RPO Trajectory up to
Andhra Pradesh Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance)
The Ministry of Power (MoP) had recently declared the national RPO trajectory. The order had enlisted the yearly RPO trajectory for both non-solar and solar power purchase from 2016-17 till 2018-19. Following the steps of MoP RPO trajectory, Chhattisgarh, Himachal
Himachal Pradesh Electricity Regulatory Commission (Renewable Power Purchase Obligation and its Compliance) Regulations
The Ministry of Power (MoP) had recently declared the national RPO trajectory. The order had enlisted the yearly RPO trajectory for both non-solar and solar power purchase from 2016-17 till 2018-19. Following the steps of MoP RPO trajectory, Chhattisgarh and