Chhattisgarh amends the RPO regulation for Captive Generating Plants
Chhattisgarh State Electricity Regulatory Commission (CSERC), in a recent announcement, amends the RPO target for Captive generating plants(CGPs) under CSERC(Renewable Purchase Obligation and REC Framework Implementation) (First Amendment) Regulations, 2020. Key points of the regulation are as follows: For Captive users,
Karnataka further extends renewable purchase obligation timeline for FY 2020
In a recent announcement, Karnataka Electricity Regulatory Commission(KERC) further extended the timeline for compliance of Renewable purchase obligation(RPO) for FY 2020. According to the order published on 24th August, 2020, the obligated entities as defined in the principal regulations i.e.
Karnataka extends Renewable Purchase Obligation timeline for Obligated Entities
In a recent announcement, the Karnataka Electricity Regulatory Commission gave an extension to the obligated entities under the Renewable Purchase Obligation (RPO) mechanism to fulfill their obligations. According to the order published on 13th May 2020, the obligated entities as
Delhi discoms request to waive RPO of FY13
Delhi discoms have requested to DERC, to waive RPO targets of FY13. This request was put forward by discoms in their respective ARR petitions for FY15. The discoms contend that RPO regulations were introduced in Delhi only in October 2012
MERC tightens RPO compliance & prevents interchangeability
In a landmark decision by Maharashtra state electricity regulatory commission, it was brought forward that the obligated entities of the state (i.e. DISCOMs, Captive and OA consumers) will no longer have the cushion of RPO waiver or interchangeability of solar
REC Trading Report – February 2013
Non-solar RECs Demand decreased to 153,000 RECs (down 21% from Jan 2013) this trading session. The compliance period for this financial year will end in March 2013, leaving only one more trading session to go. Given that, the overall demand remains
Gloomy weather over REC market
Last month's REC trading session has brought the REC market on the verge of vanishing soon. With no sign of strict enforcement happening and a drop of 40% demand shows that the obligated entities have the least interest to participate
Private Equity investment in cleantech reduces sharply
According to The Business Standard, private equity (PE) investments in clean technology projects have almost halved this year. This year the RE sector had 12 PE investments worth around $396 million whereas last year there were 36 PE deals worth
REC Trading Report – October 2012
Non-solar RECs The prices remained at floor price this month (Rs.1500/REC at IEX and PXIL; this is the same in September) as supply has remained far in excess of demand. The total RECs available this month was 15 lakh out of
Rajasthan High Court judgment will strengthen RPO enforcement
Rajasthan High Court Rules in Favour of RPO Regulations Rajasthan High Court dismissed an appeal by Hindustan Zinc Ltd. , Ambuja Cements Ltd., Grasim Industries Ltd. and 14 other companies that challenged RPO regulations enacted by the state regulator (Rajasthan Electricity