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
SUPREME COURT ALLOWS CONDITIONAL TRADING FOR NON SOLAR RECs
The matter of CERC’s order on new RECs pricing and the stay granted by the SC on trading, another hearing was held in Supreme Court on 14th July 2017. Main highlights of the Order: An Intervention appeal was filed requesting obligated entities
SUPREME COURT ORDERS STAY ON REC TRADING
After the Central Electricity Regulatory Commission’s (CERC) order dated 30th March 2017 on reduction of prices for RECs, many REC-generating companies had filed petitions stating that they had incurred a loss as vintage multiplier was not provided. They had first
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
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
CERC DECLARES NEW REC FLOOR AND FORBEARANCE PRICE
CERC came up with draft regulations in which they have reduced the prices of their Renewable Energy Certificates to a historic low. The new floor and forbearance prices from the same have been covered in our previous blog which also
CERC DECLARES NEW REC FLOOR AND FORBEARANCE PRICE
Honorable Central Electricity Regulatory Commission has determined floor and forbearance prices for REC (solar and non-solar) which will be valid from April 1, 2017 onwards. The prices have reduced significantly and the solar prices are set to reduce from Rs
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