CERC Proposes Tariff for RE Sources for FY 15-16
The Central Electricity regulatory Commission (CERC) in its notification dated 3rd march 2015, has proposed tariff's for Renewable Energy Projects. The Commission through a public notice has invited comments and suggestions from all stake holder or interested parties by 18th
REC Trade Results – January 2015
We are pleased to share the Result of REC trading for the month of JAN-15. Solar RECs - Overall market clearance remained low at PXIL in Solar whereas IEX reflected a good clearance ratio in Solar Market. Steep hike in demand
Analysis of the changes proposed in the Electricity Act
Analysis of the changes proposed in the Electricity Act The Electricity (Amendment) Bill 2014 was tabled in the Parliament recently. Once approved, the amendment will bring sweeping changes in the entire electricity sector. Most aspects of the power industry as it
CERC: REC Regulation 3rd Amendment
We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler | Statement of
APTEL directs NLDC to issue RECs from COD
Appellate Tribunal of Electricity (APTEL) in its order dated 28.11.2014, has directed NLDC to issue Renewable Energy Certificates (RECs) from the date of commercial operation (COD). As per the recent CERC amendment dated 10.07.2013 to REC Regulation, which specifies that the
KERC Proposes Tariff for Renewable Energy
The Karnataka Electricity Regulatory Commission (KERC) in its latest notification has released the conductive paper (draft) for determination of RE tariff. The tariff proposed will be applicable to the projects commissioned during 01.01.2015 to 31.03.2018. The draft released is not applicable
CERC: 3rd Amendment (Draft) to REC Mechanism
We are pleased to convey that hon'ble CERC has issued 3rd amendment on REC Mechanism. Key highlights of the same are summarized below: Eligibility Criteria A) DISCOMs having met their previous year RPO can also claim RECs for surplus green power purchased. IMPACT:
REConnect Newsletter Volume 43 – OPEN ACCESS
Dear Reader, We are pleased to present Open Access Vol 43 – our monthly newsletter covering RECs and regulatory and market developments in the renewable energy space. The main article covers: The government announced the re-introduction of Accelerated Deprecaition for wind projects. This
DERC to Finalize Solar Tariff Soon
According to an article in Times of India, it is expected that the DERC (Delhi Electricity Regulatory Commission) may soon finalize Solar Tariff Regulation, by the end of this month. It will define the regulation for net metering and solar
J&K Finalizes RE Tariff for FY 14-15
Jammu & Kashmir State Regulatory Commission (JKSERC) in its order dated 18th July 2014 has determined the tariff for RE Sources. This is the first tariff determined by the state commission after notifying RE Tariff regulation in May 2013. The details