REC Trading Expected to Resume from November 25th (1)

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

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 ...
/ / Grid, Market & Policy
13% of Indian Households Still Don't Have Access to Grid-Connected Electricity: Survey

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 ...
/ / Grid, Market & Policy
India’s Power Supply Deficit Shrunk to 0.3% in the First Half of FY 2020_ CEA

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

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 ...
/ / Grid, Market & Policy
Delhi Expands Applicability of Virtual Net Metering for Renewable Consumers

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 ...
/ / Grid, Market & Policy
Solar Developer in Uttar Pradesh Penalized for Not Complying with Commission's Order

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 ...
/ / Grid, Market & Policy
Uttar Pradesh Regulator Accepts Delay in Implementing Forecasting Rules Due to COVID-19

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 (1)

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 ...
/ / Grid, Market & Policy
REC Earmarks ₹27.9 Billion Loan to Help Jammu and Kashmir DISCOM With its Dues

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

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 ...
/ / Grid, Market & Policy
Wealthy Households in Jharkhand Receive More Power Subsidy Than Poor Homes_ Report

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 ...
/ / Grid, Market & Policy
Power Ministry Decides to Check Erratic Late Payment Surcharges, Proposes Rules

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 ...
/ / Grid, Market & Policy
Power Exchanges Hoping to Resume REC Trading by October End

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

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 ...
/ / Grid, Market & Policy
Maharashtra Regulator Relaxes RPO Target for Captive Power Projects

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

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 (1)

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) ...
/ / Grid, Market & Policy
Uttarakhand DISCOM Mulls Passing on Tariff Rebates to Power Consumers

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 ...
/ / Grid, Market & Policy
Telangana: No Additional Surcharge for Availing Open Access from Captive Power Projects

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 ...
/ / Grid, Market & Policy
Odisha_ Consumers Sourcing Renewable Power Through Open Access Exempt From Surcharge

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 ...
/ / Grid, Market & Policy
India to Set up a Task Force to Establish Power Equipment Manufacturing Zones_ RK Singh

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) ...
/ / Grid, Market & Policy
Ministry of Power Readies Framework to Privatize Distribution Licensees

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 ...
/ / Grid, Market & Policy
Telangana Opposes Proposed Amendments to the Electricity Act

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 ...
/ / Grid, Market & Policy
PFC and REC to Infuse ₹3 Billion to Set up Backend Infrastructure for Smart Meters

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 ...
/ / Grid, Market & Policy