REConnect Newsletter Volume 39 – OPEN ACCESS
We are pleased to present the 39th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Detailed analysis of the bidding under JNNSM Phase 2 by solar industry export Shri Gopal Somani Various regulatory updates including review of revised procedures
REC Trade Report – February 2014
We are pleased to bring the REC trade results and our analysis on REC trade session conducted on 26th February 2014. Following is a brief of the analysis: February 2014 was the second last trade session of Q4 for FY14. Clearing Ratios
REConnect Newsletter Volume 38 – OPEN ACCESS
We are pleased to present the 38th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Details of landmark order from UERC for imposing penalty for non-compliance of RPO . Analysis of draft of CERC RE tariff order. Various regulatory updates
REC Trade Report – January 2014
January 2014 marks first month of Q4 for FY14. Overall the clearing volumes for both type of RECs were marginally less than previous month. As per REC Registry, the market redeemed a total of 3.65 lakh RECs. Non-Solar RECs : Buy bids for
Govt mulling to introduce hydro tradable certificates
As per an article in Economic Times (refer), government is using an accelerated approach towards promotion of India's hydro power assets. A recent progress on this pertains to introduction of tradable hydro certificates (on the lines of RECs). Demand for
REConnect Newsletter Volume 37 – OPEN ACCESS
We are pleased to present the 37th Volume of “OPEN ACCESS” - our monthly newsletter on REC Mechanism. The present volume covers analysis on following main topics: Recent steps taken by Tamil Nadu, Maharashtra & Delhi towards small scale solar projects. MERC order on solar RPO for Tata Power Company -
REC Trade Report – December 2013
December 2013 marks the end of Q3 for FY14. Overall the results have sustained optimism as compared to the preceding trading month. With last three months still remaining in this year and chances of higher buyer-side participation in the subsequent
MERC waives solar RPO targets for Tata Power Company – Distribution
The electricity regulator of Maharashtra through an order dated 20th Dec’13 has extended some relief to Tata Power Company (TPC) - Distribution. MERC has relaxed the solar RPO targets as stipulated under relevant RPO regulations for three consecutive fiscals. TPC
REC Trade Report – November 2013
Non-solar RECs: November 2013 REC trading witnessed an increase in volumes. The spike in demand is a sign that RPO enforcement is taking its gradual effect and some states are ensuring buyers participation, thereby keeping the market upbeat. For non-solar RECs, the
REC Trading Report – October 2013
Non-Solar RECs Overall, Non-solar demand increased more than three-fold compared to last month (150,640 vs 49,831 in September 2013). As a result, clearing ratios on both exchanges improved. The uptick in demand is likely a factor of timing (most compliance takes places in