REC Trading Expected to Resume from November 25th
Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
MCX and IEX Sign Licensing Agreement to Launch Electricity Derivatives in India
The Multi-Commodity Exchange of India (MCX) announced that it has entered into a licensing agreement with the Indian Energy Exchange (IEX) to launch electricity derivatives in the country. Derivatives refer ...
13% of Indian Households Still Don’t Have Access to Grid-Connected Electricity: Survey
A recently-released survey suggests that nearly 87% of the country's population has access to grid-based electricity, while 13% either use non-grid sources for electricity and lighting or don't use any ...
India’s Power Supply Deficit Shrunk to 0.3% in the First Half of FY 2020: CEA
India’s power supply deficit narrowed down to 0.3% in the first half (1H) of the financial year (FY) 2020-2021, according to data from the Central Electricity Authority (CEA). This was ...
Kerala DISCOM Keen on Purchasing Power from NHPC’s 200 MW Solar Project
The Kerala State Electricity Board Limited (KSEB) has decided to seek in-principle approval from the Kerala State Electricity Regulatory Commission (KSERC) to procure 200 MW of solar power from NHPC ...
Delhi Expands Applicability of Virtual Net Metering for Renewable Consumers
The Delhi Electricity Regulatory Commission (DERC) has amended its regulations on group net metering and virtual net metering for renewable energy. In the amendment, the regulator has modified its guidelines ...
Solar Developer in Uttar Pradesh Penalized for Not Complying with Commission’s Order
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has come down on a project developer for non-compliance with its previous order. The regulator has given Pinnacle Renewable Energy Private Limited four ...
Uttar Pradesh Regulator Accepts Delay in Implementing Forecasting Rules Due to COVID-19
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued an order accepting delays by the state load despatch center (SLDC) in implementing its procedures for forecasting, scheduling, and deviation settlement ...
Haryana DISCOM’s Move to Procure Open Access Solar Power Lands in Court, Treated as PIL
A petition has been filed to quash the decision taken by the Haryana Power Purchase Centre (HPPC) to procure power from a 50 MW solar project of Amplus Sun Solutions ...
REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues
REC Limited has approved a ₹27.9 billion (~$380.9 million) loan to the Jammu Kashmir Power Corporation Limited (JKPCL) under the liquidity infusion program of the Indian Government’s Aatmanirbhar Bharat initiative. The ...
At Over ₹109 Billion in August, DISCOMs’ Dues to Renewable Generators Keep Rising
Distribution companies (DISCOMs) across the country owed renewable generators ₹109.08 billion (~$1.49 billion) in overdue payments (excluding dues under disputes) spread across 497 invoices at the end of August, as ...
Wealthy Households in Jharkhand Receive More Power Subsidy Than Poor Homes: Report
A report by the independent think tank - International Institute for Sustainable Development (IISD)- claims that Jharkhand's wealthier homes enjoy more than twice the amount of power subsidies than poor ...
Power Ministry Decides to Check High Late Payment Surcharges, Proposes Rules
The Ministry of Power (MoP) has proposed Late Payment Surcharge Rules 2020. The government has noticed the extremely high rate of late payment surcharges prevailing in the sector. It has ...
Power Exchanges Hoping to Resume REC Trading by October End
Power exchanges might resume trading renewable energy certificates (RECs) in October after the Appellate Tribunal for Electricity (APTEL) issued an order postponing their trade early August. Renewable Energy Certificates “REC ...
Energy Banking for Captive Renewable Projects Selling Open Access Power to Third-Party
The Joint Electricity Regulatory Commission (JERC) has issued draft amendments to the intrastate open access transmission and distribution regulations 2017. Where will it apply? These regulations will apply to the ...
Maharashtra Regulator Relaxes RPO Target for Captive Power Projects
The Maharashtra Electricity Regulatory Commission (MERC) has ruled in favor of the Captive Power Producers Association seeking relief under the Commission's renewable purchase obligation (RPO) regulations for projects commissioned before ...
Tariffs to be Adjusted within 30 Days of Change in Law Event, Proposes Ministry of Power
The Ministry of Power (MoP) has drafted new electricity rules to make the compensation process easier for renewable project developers. The proposed regulations, if implemented precisely, will bring a huge ...
Ministry of Power Signs Pact with Three State-Run Utilities for Augmenting Generation
The Government of India's Ministry of Power (MoP) signed a Memorandum of Understanding (MoU) with three state-run major power utilities: SJVN, NTPC, and Power Grid Corporation of India Ltd (PGCIL) ...
Uttarakhand DISCOM Mulls Passing on Tariff Rebates to Power Consumers
Uttarakhand Power Corporation Limited (UPCL) seeks feedback on a petition filed before the Uttarakhand Electricity Regulatory Commission (UERC) on a draft plan to pass on the benefits of electricity tariff ...
Telangana: No Additional Surcharge for Availing Open Access from Captive Power Projects
The Telangana State Electricity Regulatory Commission (TSERC) directed the distribution companies to submit their filings for the determination of additional surcharge levied on open access power consumers. The surcharge helps ...
Odisha: Consumers Sourcing Renewable Power Through Open Access Exempt From Surcharge
The Odisha Electricity Regulatory Commission (OERC) has announced the revised cross-subsidy surcharge, wheeling, and transmission charges applicable for consumers availing conventional power through open access. The charges are for the ...
India to Set up a Task Force to Establish Power Equipment Manufacturing Zones: RK Singh
The Union Minister of Power, R.K. Singh, cautioned domestic manufacturers against importing necessary equipment from ‘countries of concern.’ Singh spoke at a webinar- Indian Electrical and Electronics Manufacturers Association (IEEMA) ...
Ministry of Power Readies Framework to Privatize Distribution Licensees
The Ministry of Power (MoP) has issued draft standard bidding documents to select bidders for acquiring a majority stake in distribution licensees for the distribution and retail sale of electricity ...
Telangana Opposes Proposed Amendments to the Electricity Act
The Telangana State Legislative Assembly has accepted the state government's resolution opposing the central government's proposed amendments to the Electricity Act, 2003. In April 2020, the Ministry of Power (MoP) issued a ...
PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters
The Power Finance Corporation Limited (PFC), in a recent filing on the Bombay Stock Exchange (BSE), said that it had approved the infusion of ₹1.5 billion (~$20.4 million) in a ...
