India’s Energy Mix to Have 40% Renewable Sources by 2030
The Renewable energy holds a share of 12% in the current energy mix of India. As a part of its contribution under the Paris Climate Change Agreement, India sets target of achieving at least 40% of India's total power capacity
Three States to Kick Start Power Sector Reforms
A joint statement was released on 21st September 2015, by Goa, Uttarakhand and Meghalaya where these states have signed a joint statement of reforms with the Central Government in order to enable 24x7 power supplies to consumers. The joint statement highlighted
REC Trade Results July 2015
July’s trading session saw a stagnant response from the demand side. Though, the current demand while comparing it to previous year’s session of July was 3 times higher in Solar and 5 times in Non Solar segment, it indicated a
REC Trade Results – June 2015
The June trade session remained below expectations compared to May’15 month performance. However, if we compare the performance with Jun’14, the response was still far better. After the announcement of an important judgment by Supreme Court, the market looks upbeat and
REC Trade Results May 2015 – A Significant jump after Supreme Court judgment
We are pleased to share the Result of REC trading for the month of April-15. In May’s trading session, 256,579 Non Solar and 83,189 Solar REC’s were traded through Power Exchange (a total of 339,768 REC’s), which was more than 4
Union Budget FY 14-15 Highlights (Power Sector View Point)
Honorable Finance Minister Mr. Arun Jaitely presented the Union Budget on 10th July, for the financial year FY 14-15. The Finance Minister during his speech of the Union Budget has made some important announcements for the energy industry. In the Power and
CERC finalizes RE tariff for FY15
Central Electricity Regulatory Commission (CERC) in its order on 15th May has finalised the Renewable Energy tariff for FY 14-15. The details of the tariff calculated for FY 14-15 can be found in table below. In the table above, it is clearly
MERC drafts RE Tariff Order for FY 2014-15
Maharashtra Electricity Regulator - MERC on 6th May has made public a draft order for tariff of renewable energy produced within the state in FY15. Comments and suggestions are invited by 5th June 2014 as per this public notice. A glimpse
Karnataka APPC for FY 2014-15
Karnataka electricity regulatory commission (KERC) has finalized the average pooled purchase cost (APPC) for FY 2013-14. The finalized APPC of FY14 is Rs. 3.14 per unit, on the basis of audited accounts data furnished by ESCOMs, which is up by
Delhi discoms likely to comply with RPO by purchase of RECs
Delhi discoms - BRPL, BYPL and TPDDL have all filed a petition to Delhi electricity regulatory commission (DERC) for approval of annual revenue requirement (ARR) of FY 2014-15. In terms of renewable energy resource capacity, Delhi is indeed poor as compared