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
DERC to mandate the use of Renewable Energy in Delhi by 2%
To encourage the use of renewable energy in New Delhi, DERC is ready to announce a 2% RPO for the Discoms in New Delhi. DERC is revising the domestic tariff for the financial year 2012-13 . In a recent article
MPERC rejects petition to reduce Solar RPO
In a recent petition filed by MP power trading Co.Ltd , Jabalpur requesting MPERC to waive the renewable purchase obligation targets for Solar energy for FY 2011-12 and FY 2012-13. The petitioner stated that no solar power plant has been
MP amends RPO regulation to include Co-gen as renewable energy
In our recent newsletter (Vol 19), we had mentioned the following: Madhya Pradesh recently proposed an amendment to its RPO regulations. The amendment proposes to substitute “Co-generation from Renewable Sources of electricity” with the word “Co-generation” in various sections of the
Record output by windmills in Tirunelveli region
Windmills in Tirunelveli region on 4th May generated about 1, 940 MW, a record production in this season. The figures were announced by Tamilnadu Generation and Distribution Corporation (TANGEDCO) officials. They said that there were more than 5, 700 windmills with
REC Trading Report-April 2012
Today’s trading session was the first of the new compliance year (2012-13). Both volume and price expectations were low, given that there is no real pressure on the obligated entities to buy this early in the year. Considering that, both
Solar success depends on enforcement of renewable purchase obligation: Gireesh Pradhan
Mr Gireesh B. Pradhan, Secretary, Ministry of New and Renewable Energy (MNRE), was overheard saying that he found himself in the “right ministry” – a fact that indicates that the Maharashtra cadre, 1977 batch IAS officer, is passionate about the
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.