REConnect's journey so far
A recent article of The Hindu Business Line covered the story how REConnect was formed and their entrepreneurial journey till now . Vishal Pandya and Vibhav Nuwal , Directors, REConnect Energy Solutions met through Linkedin, shared their ideas of
Subsidy of 1 rupee per unit on consuming less power in Delhi
With the power prices going up in the capital regularly and a 26% tariff hike which made by the Delhi Electricity Regulatory Commission (DERC) last week, Delhi Chief Minister Sheila Dikshit announced a subsidy of Re 1 per unit for
Maharashtra allows open access for CPPs
Open access is now open for Fossil fuel-based captive power plants (CPPs) with power demand of 1 MVA and above in Maharashtra.An article of The Business Standard mentioned about the new announcement by the Maharashtra State Electricity Distribution Company (MahaVitaran). The
REC Trading Report – June 2012
REC trading for June was conducted today (June 27, 2012). Compared to last month, there were a few surprises: Supply exceeded demand for Non-Solar RECs for the first time since start of trading Demand for Solar RECs grew significantly Detailed analysis of Non-solar
Rs.1.5 lakh crore loan recast for Discoms
In a recent article covered by The Times of India , it mentioned that the centre has agreed to provide loan to power distribution companies as their status at present is very low financially . In this restructuring exercise the
Power trading prices shoot up 20-25%
In this scorching heat as the power demand across the country keeps on increasing the power trading prices have also gone up . In an article of the Business Standard the cause of rising trading prices was highlighted. Short-term power
Power Distribution Utilities to be rated by Ministry of Power
In an interesting article of The Hindu Business Line, a new rating methodology developed by the ministry of power was highlighted. In this methodology all utilities will be rated on the basis of their performance and their ability to sustain
REC Trading Report – May 2012
Solar RECs were traded for the very first time in India in the May trading session. REConnect sold Solar RECs issued to M&B Switchgear Ltd (a company that operates a 2MW solar plant in MP). The market clearing prices on
First Solar RECs Issued to M&B Switchgear; Expected to Trade in May
M&B Switchgear Ltd, which owns and operates a 2 MW solar PV plant in MP was issued 249 Solar RECs today. This is the very first issuance of Solar RECs in India. These Solar RECs are expected to be traded
Revision of Electricity Tariff in Karnataka for the year 2012-13
Karnataka Electricity Regulatory Commission (KERC) has ordered revision of electricity tariff for all the Electricity Supply Companies in the State for the Financial Year 2012-13 and will come into effect for the electricity consumed from the first meter reading date