Yourstory.in captures REConnect's story
Yourstory.in which captures news and latest happening on startups and entrepreneurs in India recently captured REConnect Energy Solution's story from beginning till date. The journey of REConnect is available here.
REC Trading Report – February 2012
Traded volume exceeded 2 lakh RECs for the first time. Total volume traded was over 206,000 (vs. 171,000 in January; an increase of 20%). The total traded value exceeded Rs 63 crore (21% increase over previous month). The market clearing price
Numeric Power's solar power plant received REC accreditation
Chennai-based Numeric Power Systems has received REC accreditation for one of its two 1 MW solar PV plants in Tamil Nadu.The plant is likely to feed energy to the grid from next month. This is the third solar power plant in
Bruce Usher and Prof. Khaparde join REConnect Energy's Board of Advisors
We are pleased to announce that Prof. S. A. Khaparde and Bruce Usher have agreed to join the Board of Advisors of REConnect Energy. Prof. Khaparde and Bruce Usher are eminent personalities in their field. Their detailed profiles are included below. The
REC Trading Report – January 2012
As we approach the end of the compliance period i.e in March 2012, REC market reached its peak both in traded volume and prices. Total traded volume increased to over 170,000 ( an increase of 54% over previous month), while
Accelerated Depreciation Benefits to End by March This Year
Accelerated depreciation - the tax break available when setting up a wind or other renewable energy project - is likely to end by March 2012, according to a report in Bloomberg. This change was widely anticipated when the new Direct Tax
REC market expected to be worth Rs 100 crore by year end
The Indian REC market worth Rs.30 crore at present, which is less than a year old is expected to touch Rs. 100 crore by the end of this financial year. In an article of The Hindu Business line a top official
REC Trading Report – December 2011
REC markets continue to grow, albeit more slowly than in the earlier months. Total treaded volume increased to approximately 120,000 (an increase of 14%), while price increased marginally to Rs 2,950/ REC (vs. Rs 2,900 last month; IEX prices). Prices
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