Andhra Pradesh Publishes Draft RPO Regulation
Andhra Pradesh published its draft RPO regulations. This is significantly delayed (AP was the only major state remaining to publish RPO; Delhi has a draft order, and West Bengal is essentially a non-participant - more on this later in the
Call for Reform of Discom's Gathering Steam
Business Standard wrote on the topic of Power Discom reforms - the second time in two days. The important points raised by the Shunglu Committee are: Huge Losses at the Discom's: During the five years (from 2006 to 2010), losses were Rs
Shunglu Committee Proposes An SPV to Buy Bad Debts of Discoms
A recent article in Business Standards mentioned that an SPV is being proposed to buy the bad debts of Discom's. The fact that Discom's are essentially bankrupt has been known for a long time. The good news that is there
Open Access in All States May Finally Become a Reality
An article in Business Standard mentioned that the Ministry of Power has issued an order to all state governments, power regulators and distribution utilities to implement the open access provisions of the Electricity Act, 2003. The article further states that "the
GEDA is Directed to Monitor RPO In Gujarat
The Gujarat Electricity Regulatory Commission (GERC) has directed the state nodal agency GEDA to the renewable power purchase obligation on regular basis and submit the report to the Commission quarterly basis. We believe this is an encouraging step, albeit a small
Power Tariffs Likely to Increase Signficantly: CERC
In recent days, power projects and tariff have made news in almost every newspaper. There have been reports of power projects being in trouble, state electricity board being denied loans by banks, and tariff increases. The article on tariff increase cites
Maharashtra Not to Allow Banking of Power to Renewable Generators
In another step back on the Open Access issue in Maharashtra, MSEDCL recently rolled back the banking provision for renewable energy generators opting for open access in the state. A recent circular released by MSEDCL has proposed new rules for banking
Maharashtra Cross-Subsidy Declared
The ongoing cross-subsidy issue in Maharashtra, which was also the subject of a Supreme Court judgement recently, seems to have been resolved. MERC came out with an order on the subject on September 9. The highlights are: Cross-subsidy (CSS) has been determined as
REC Trading Update – August 2011
In August's REC trade, both prices and demand volume increased significantly from last month. REC demand last month was about 96,000, while it almost doubled to over 183,000 in August. This is perhaps the most significant indicator for the REC markets,
Significant Changes are Proposed in the REC Mechanism
NLDC and Central Board of Irrigation and Power (CBIP) organized a day-long workshop on the REC mechanism in Delhi in June. Shri Pramode Deo, Chairman CERC was the key note speaker at the event. In his speech, he gave a preview