Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment
The Ministry of Power has issued a discussion paper on market-based economic dispatch (MBED) of power and has requested the stakeholders to provide their comments on the matter by June ...
Solar Developer and NTPC Spar Over GST Compensation Claim
Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism
The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
Generic Tariff of ₹7.08/kWh for Waste-to-Energy Projects Until March 2022
The Karnataka Electricity Regulatory Commission (KERC) has retained the tariff for waste-to-energy projects at ₹7.08 (~$0.097)/kWh from April 1, 2021, to March 31, 2022. The Commission had determined the tariff ...
Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures
The Central Electricity Regulatory Commission (CERC) has reserved its judgment, in reply to a petition filed by ReNew Power and its three subsidiaries on submitting a fresh bank guarantee to ...
CERC Approves Tariff for 2 GW of ISTS Solar Projects
The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The ...
CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability
The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021. The guidelines aim to provide for power procurement through the administered process as well as from the ...
CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project
The Central Electricity Regulatory Commission (CERC), in a recent order, approved an imported coal-based thermal power generator's request for compensation for the additional expenses incurred due to the increase in ...
Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee
The Central Electricity Regulatory Commission (CERC), has responded to a petition by Sprng Wind Energy seeking a declaration that the power purchase agreement (PPA) signed with SECI stood terminated and ...
APTEL Allows Transfer of RECs to New Owners of a Bagasse-Based Power Project
The Appellate Tribunal for Electricity (APTEL) passed an order directing the Power System Operation Corporation (POSOCO) and the Bihar Renewable Energy Development Agency to allow the registration and accreditation of ...
CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects
The Central Electricity Regulatory Commission (CERC), responding to ReNew Power’s petition, has directed the Power Grid Corporation of India Limited (PGCIL) not to encash bank guarantees submitted towards its wind ...
SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact
The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increase in cost incurred due ...
CERC Approves Registration of India’s Third Power Exchange
The Central Electricity Regulatory Commission (CERC) has granted Pranurja Solution Limited (PSL) registration right to establish and operate a power exchange. It would make PSL the third power exchange in ...
Daily News Wrap-Up: EDF Renewables Bags Three Solar Projects in the US
Here are some noteworthy cleantech announcements of the day from around the world: EDF Renewables North America has been awarded three contracts for solar projects in New York. Awarded by ...
CERC Asks SECI to Compensate Solar Developer for Impact of Safeguard Duty
The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increased cost incurred due to ...
Haryana Releases Draft Solar Power Policy, Invites Suggestions
The New and Renewable Energy Department, Haryana, has issued the draft ‘Haryana Solar Power Policy, 2021,’ and requested government stakeholders to send their comments within 15 days from the date ...
Solar Developer Seeks CERC’s Help to Align Long-Term Access with Project Commissioning
Independent power producer Azure Power had recently approached the Central Electricity Regulatory Commission (CERC), seeking a deadline extension from Power Grid Corporation of India Limited (PGCIL) to lay the transmission ...
Tariff Adoption for Floating Solar Project in Uttar Pradesh Not in CERC’s Jurisdiction
The Central Electricity Regulatory Commission (CERC) has ruled that it does not have the jurisdiction to adjudicate a petition filed by the Solar Energy Corporation of India (SECI) for the ...
IEX Initiates Cross-Border Electricity Trade to Strengthen South Asian Market
To expand power markets beyond India, the Indian Energy Exchange (IEX) has introduced cross-border electricity trade (CBET) on its platform. The initiative is a step towards building an integrated South ...
Winning Tariff of ₹2.20/kWh in the GUVNL Solar Auction Hasn’t Factored BCD
The Indian Government's endeavor to encourage domestic manufacturing of solar modules and cells led to the imposition of BCD (Basic Customs Duty) on solar modules with HSN Code 85414012 BCD ...
IEX’s Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021
Driven by an increasing electricity demand across Indian states, the electricity market at the Indian Energy Exchange (IEX) witnessed an all-time high volume of 8,249 million units (MU) in March ...
National Average Power Purchase Cost of ₹3.85/kWh Set for Open Access Solar Projects
The Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85 (~$0.052)/kWh. The APPC would be applicable during the financial year ...
Uttar Pradesh Regulator Approves Power Sale Agreement for 380 MW of Wind Projects
The Uttar Pradesh Electricity Regulatory Commission (UPERC), in a recent order, approved the power sale agreement (PSA), signed by the Uttar Pradesh Power Corporation Limited (UPPCL) with the Solar Energy ...
CERC Directs SECI Not to Encash Bank Guarantees of Delayed Wind Project
The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) not to encash the performance bank guarantee (PBG) furnished by Adani Wind ...
REC Market Counting on RPO Compliance Deadline Extension Amidst Trading Halt
As the power market awaits the end of an over seven-month halt in the trading of renewable energy certificates (REC), stakeholders remain hopeful of a deadline extension from their respective ...
