Karnataka extends banking facility to Solar Projects
Hon’ble KERC has come up with an order dated 22nd March 2013 for introduction of banking facility to Solar Power Projects in Karnataka. KERC had previously invited comments /suggestions on the issue latest by 25th October 2012. The Commission has asserted
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
Green power producers find dealing with RECs unviable in Karnataka.
An article regarding Karnataka Electricity Regulatory Commission's guidelines which is not in sync with those of the Central Electricity Regulatory Commission (CERC) was highlighted in The Hindu Business Line. The KERC guidelines are also not clear in specifying eligibility criteria. “They do specify intra/inter state open access eligibility criteria for the Renewable Energy (RE) Generator when it sells RE power to a consumer,” says Mr. Santosh Kamat, Co-founder of Auromira Energy, a company that produces electricity from renewable sources. RE producers see a mismatch between the KERC guidelines and those given by the CERC. With regard to eligibility of captive generators for RECs, while the CERC says that captive generators who avail themselves of other benefits such as preferential tariff are not eligible, the KERC guidelines say that such parties are eligible, says Mr Vishal Pandya of REConnect Energy Solutions, a company which provides services in RECs, energy efficiency and electricity portfolio management.