Delhi announces its final RPO regulation
The most awaited RPO regulations was finally announced by Delhi Electricity Regulatory Commission (DERC) for the capital region. Like RPO regulations of other states, DERC also came out with a similar one. The RPO regulation is applicable to: Distribution Licensee(s) operating in
REC Trading Report – September 2012
Non-solar RECs Prices remained at floor price this month as supply has remained far in excess of demand. The over-supply situation has persisted for the last few months – this month 7.11 lakh RECs were bid for sale (up 13% from
Wind industry in Tamil Nadu gets attractive after rise in APPC
The wind industry gets more attractive after the announcement of new Average Pooled Power Cost in Tamil Nadu.There has been 7.17 % hike over the previous APPC price of Rs 2.39 per unit. The new price from now onwards will
REC trade picks up speed
In yesterday's article of the Hindustan Times , Rupa Devi Singh,Managing Director of PXIL said that the REC market is expected to grow to Rs.100 crore by the end of 2012. Currently the market size per month is around
RPO targets to be met at minimal cost: FOR
In a recent Bloomberg article, the Forum of Regulators (FOR) said that the Renewable Power Purchase target can be easily achieved by DISCOMs at a minimal cost. The study of top electricity regulators says that there will be enough capacity
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
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
Tariff increases offer a ray of hope for Discom’s
Two recent articles highlight the changes taking place in Discom’s. The article in Business Standard mentioned that last year, some Disocm’s were able to raise tariffs to an extent that was not seen in the past. Tariff increase for FY11 States Tariff increase
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