IWPA suggests changes in the CERC – REC Regulations (Third Amendment)
According to a recent office memorandum by MNRE, the IWPA has suggested making a few amendments to the CERC REC Regulations (Third amendment) dated 30th December 2014. The amendment talks about the eligibility norms for the DISCOMs that have significantly
KERC (Karnataka) Revises Wind Tariff dated 10.10.2013
The Karnataka Electricity Regulatory commission (KERC) has revised its wind tariff on 24th Feb 2015. The new tariff will replace the tariff calculated in KERC order dated 10th October 2013. The new tariff has been calculated at Rs. 4.50 per unit,
GERC Maintains Leniency over RPO Compliance
The Gujarat Electricity Regulatory Commission (GERC) in its orders Dated 16th Jan 2015, has given relief to the state distribution companies against their RPO compliance for the year 13-14. The summary of the GERC orders is given below: Orders on GUVNL:
Stay by Madras High Court on RRF Mechanism
In an important development on the RRF Implementation front, the High Court of Madras has acceded to the request of affected wind developers. According to a circular on IWPA’s website, the Madras high Court has ordered a stay on the
75% local content in JNNSM 2nd Phase – MNRE
Against the backdrop of the recent episode in which the United States dragged India in World Trade Organization (WTO) for local content requirement in JNNSM Ist phase, the ministry of new and renewable energy has come out with a bold
Wind majors selling assets to avert indebtedness
Wind power majors of the likes of Suzlon, DLF etc. are now looking for buyers who can buy their wind portfolios which will provide an opportunity for the former to raise capital and abrogate a situation of indebtedness. Regulatory failure