Maharashtra Published RPO Regulations for FY 2016-17 to FY 2019-20
Maharashtra published RPO regulations covering the period FY 2016-17 to FY 2019-20. The highlights of the regulation are: RPO % in FY 2016-17 is 11% in total (10% non-solar and 1% solar). This will increase to 15% by FY 2019-20 (11.5%
REC Trade Result March 2016
March, being the last month of the Financial Year to fulfil the yearly RPO obligations, saw significant rise in demand in both the Solar and Non-Solar segments, as compared to the last three months. Non-Solar RECs demand almost doubled and
Jharkhand Draft RPO Regulation
The Jharkhand State Electricity Regulatory Commission (JSERC) in a recent notification has proposes its RPO (Renewable Purchase Obligation) and its compliance regulations 2016. The regulations will come into force from the date of its publication in the Jharkhand gazette and
MNRE Issues Notice on RPO compliance
The Ministry of New and Renewable Energy in collaboration with Government of India has made a great initiative by spreading the message about RPO and the need for its compliance through Times of India. The Government highlights that all the
Key provision for Renewable Energy industry in the Union Budget 2016
The Union Budget 2016 was a mixed bag for the RE industry. The key provisions that will impact the industry are: Reduction in accelerated depreciation (AD) on RE investment – the rate of AD will be reduced from 80% to 40%
UERC determines Levelised tariff for Rooftop and Small Solar PV Power Plant
Uttarakhand Renewable Energy Development Agency, had filed a petition seeking determination of Levelised tariff for Rooftop and Small Solar PV Power Plant as per the revised subsidy scheme notified by Ministry of New and Renewable Energy, Government of India (MNRE). While
REC Trade Result February 2016
RECs demand has shown significant improvement over last month trading session. Non Solar REC’s and Solar REC’s traded this month were 70% higher and 57% higher respectively, compared to trading session of January 2016. The total transaction value of REC’s hit a sum total of Rs 119.5 crore, compared
REC TRADE RESULTS JANUARY 2016
RECs demand had been steadily rising in the past few months, but this month’s trading saw a signficant drop in trading volume as compared to last month. Non Solar REC’s and Solar REC’s traded this month were 61.6% lower and 6.79% lower respectively, compared to trading session of December
REC TRADE RESULTS DECEMBER 2015
The demand response for REC’s saw very good momentum in the December’s trading session. Non Solar REC’s and Solar REC’s traded this month were 288% higher and 29.8% lower respectively, compared to trading session of November. The total transaction value of REC’s hit a sum total of Rs 156 crores, compared
MPERC waives off past Solar RPO
In a recent order, MPERC has waived off past solar RPO for its Discom’s. This comes despite ApTel’s judgment specifically disallowing waive-offs, and CAG’s remark about states not meeting RPO regulations. Even more telling is the fact that India is playing a