HPERC announces draft Renewable Power Purchase Obligation and its Compliance (Sixth Amendment) Regulations, 2019
The Himachal Electricity Regulatory Commission (HPERC) has recently announced its draft regulations for the RPO obligation and compliance following a clarification by Ministry of Power, on 01.02.2019 regarding the capping of RPO for Captive Power Plants (CPP) and stated that
REC Trade Result – November 2019
The November trade continued the trend at high MCP of Rs 2,400 for solar RECs on both the exchanges. The demand for solar reduced on both IEX & PXIL. In the case of Non-solar, the demand increased on IEX but
REC Trade Result – October 2019
The October trade witnessed a two and a half year high MCP of Rs 2,400 for solar REC's on both the exchanges while the demand remained stable as compared to the previous trade session. Solar RECs traded at the forbearance
REC Trade Result – September 2019
The September trade session saw an overall increase in demand for both non-solar & solar. Price increased for solar RECs on IEX & PXIL both resulting in high demand but limited supply for solar RECs. Non-Solar: non-solar RECs traded at the
REC trade result – August 2019
The August trade session saw a reduction in demand for both non-solar & solar. In the case of supply, the availability of solar & non-solar both reduced from last trade session. Prices increased for both solar & non-solar RECs on
REC trade result – July 2019
The July trade session saw a reduction in demand in both solar & non-solar, though it remained well above available supply. Prices increased for both solar & non-solar RECs. Non-Solar: Non-solar RECs traded at the price of INR 1705 at PXIL
REC trade result – June 2019
The June trade session saw an upward trend in both solar & non-solar. However, demand continued to exceed supply both in the case of solar & non-solar. Non-Solar: This session the RECs were traded at the price of INR 1555 at
REC trade result – April 2019
The April trade session saw a significant decrease in traded volume, most likely due to this being the first trading session of FY 2019-20. However, since demand continues to exceed supply, prices remained firm. Non-Solar: This session the RECs were
REC trade result – March 2019
The March trade session saw an increase in the price trend maintaining the pattern of the previous trade sessions. The demand scenario was on the higher side while the supply remained. The demand-supply scenario has been consistently this way since
REC Trade Result – February 2019
February’s trade session saw an increase in the price trend similar to the previous sessions. The demand for both solar & non-solar remained consistent and the supply also increased. The highlight of this month’s trade was that solar crossed the