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
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
Punjab roll-forwards RPO to next year
PSPCL recently petitioned the Punjab Electricity Regulatory Commission to amend its RPO from 2.4% (including 0.03% solar) to 1.65%. This is inline with the extent of RPO achieved in the state (1.67% non-solar and 0.0075% solar). The reasoning behind the
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
REC Trading Report – March 2012
Today’s was the last trading session for the year before the end of the compliance period. The market expected significant demand and high prices as this was the last opportunity to comply. However, contrary to expectation demand fell sharply this
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.
REC Trading Report – February 2012
Traded volume exceeded 2 lakh RECs for the first time. Total volume traded was over 206,000 (vs. 171,000 in January; an increase of 20%). The total traded value exceeded Rs 63 crore (21% increase over previous month). The market clearing price