ApTel sets aside Tamil Nadu Solar policy
As per reports, Tamil Nadu's ambitious solar policy, once assumed to be a game-changer for fostering solar power in the state, has been set aside by the Appellate Tribunal of Electricity (ApTel). A capacity addition of 3000 MW was envisaged
Andhra Pradesh declares APPC for FY 2013-14
An order dated 28th December 2013, for determination of APPC of FY 2012-13 (for FY 2013-14), considered 6,88,79.12 MUs of power bought at 22,594.78 crore INR by discoms of the state. Accordingly the APPC for FY 2013-14 is finalized to be
Madhya Pradesh takes note of non-compliance in solar RPO
On 20th November 2013, in petition no. 35/ 2013, MPERC took serious note on the issue of non-compliance of solar RPO by state utilities/discoms. It can be read in the order as: Notwithstanding the aforesaid, the Commission is constrained to express
REConnect Newsletter Volume 37 – OPEN ACCESS
We are pleased to present the 37th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Recent steps taken by Tamil Nadu, Maharashtra & Delhi towards small scale solar projects. MERC order on solar RPO for Tata Power Company -
REC Trading Report – September 2013
Renewable energy credit trading in September’13 seemed to keep the investors in the mechanism, interested. Demand of both type of RECs i.e. solar as well as non-solar, was observed to be better than last month. Total RECs available in the
REC Trading Report – May 2013
The second REC trade session of FY 2013-14 (May-13) continued to remain dry in terms of buy side participation. Clearance ratios for Non-Solar RECs remained in single digit and prices softened in Solar RECs. Following are the highlights: Non Solar RECs Market clearing
First amendment to Chhattisgarh’s REC RPO regulations
Chhattisgarh State Electricity Regulatory Commission (CSERC) recently brought an amendment to their RPO –REC regulations . The amendment mainly highlights the issue raised by obligated entities where there is an excess purchase of renewable energy/renewable energy certificates. They have requested
REC Trading Report – February 2013
Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains
Proposal for benchmark capital cost of Solar PV projects for FY13-14
Central Electricity Regulatory Commission(CERC) recently announced the new benchmark prices for the Solar Projects (PV & Thermal) for the year 2013-14. For Solar PV projects it will be Rs.8 crore/MW (-20% from 2012-13) and for Solar Thermal projects it will
REC Trading Report – October 2012
Non-solar RECs The prices remained at floor price this month (Rs.1500/REC at IEX and PXIL; this is the same in September) as supply has remained far in excess of demand. The total RECs available this month was 15 lakh out of