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
REC Trade Result October 2016
Analysis of Trading: Non Solar – The clearing ratio stood at 1.9% and 2.06% in both IEX and PXIL, with a significant increase of 46% in the no. of REC’s traded as compared to last month Solar – Clearing ratio stood at 0.86 % and 1.16%
Madhya Pradesh Electricity Regulatory Commission (Cogeneration and Generation of Electricity from Renewable Sources of Energy) (Revision-I)
Madhya Pradesh Electricity regulatory Commission (MPERC) recently ordered amendment for its Cogeneration and Generation of Electricity from Renewable Sources of Energy Regulation 2010. The new amendment has defined the minimum quantum of electricity to be procured by all the Obligated Entities
REC Trade Result September 2016
The month of September trading saw significant decrease in the demand for both Solar and Non-Solar RECs as compared to last month. The total transaction value stood at 37.5 Crores in comparison to 52 Crores last month. Analysis of Trading: Non Solar – The
REC Trade Result August 2016
This month trading saw marginal increase in the demand for both Solar and Non-Solar RECs as compared to last month. Compared to August 2015, demand was almost double this month. The total transaction value stood at 52 Crores in comparison
REC Trade Result July 2016
In contrast to June 2016, which saw huge demand for both Non-solar and Solar RECs, this month trading did not fare that well. This month trading saw a dip in the demand for both Solar and Non-Solar RECs. The demand
REC Trade Result June 2016
This month trading saw a huge surge in the demand for both Solar and Non-Solar RECs. The demand rose approximately 2.5 times for both non-solar and solar, while also registering good clearing ratios at both the exchanges, as compared to
GERC Determines Tariff for Procurement of Power from Wind Energy Projects
Gujarat Electricity Regulatory Commission (GERC) has proposed an increase in tariff for procurement of wind power. The higher tariff is on account of a rise in capital costs of setting up a wind power project in Gujarat. GERC has come out
KERC Determines tariffs and other norms for Solar Rooftop and Small Photovoltaic Power Plants
This Order is applicable to all new grid connected solar rooftop and small solar photo voltaic power plants, entering into Power Purchase Agreement (PPA) and commissioned on or after 2nd May, 2016 and up to 31st March, 2018. Sharing of Clean
REC Trade Result May 2016
May 2016 saw reduced traded volumes compared to last month and from May 2015. Generally early months of the compliance year see significantly reduced trading volumes. However, May 2015 saw high trading volume due to the Supreme Court order on RPO compliance. Compared to last