Solar Renewable Energy Certificates’ Trading Spikes in June
There was a surge in the trading of solar renewable energy certificates (RECs) in June 2020 compared to the previous month despite the ongoing COVID-19 crisis and the subsequent lockdown ...
CERC Announces New Tariff Regulations for Renewable Energy Projects
The Central Electricity Regulatory Commission (CERC) has come up with tariff regulations for renewable energy projects. These regulations will come into force from July 01, 2020, and will be valid ...
CERC Removes Floor Prices for Solar and Non-Solar RECs
The Central Electricity Regulatory Commission (CERC) has issued an order implementing revised forbearance and floor prices for solar and non-solar renewable energy certificates (RECs). In its order, the Commission implemented ...
After Two Months of Lows, Solar REC Trading Gathers Speed in May 2020
There was a considerable increase in the trading of both solar and non-solar renewable energy certificates (RECs) in May 2020 compared to the last month. This increase comes as a ...
CERC Rejects Solar Developer’s Petition for Exemption of Relinquishment Charges
In a recent order, the Central Electricity Regulatory Commission (CERC) has dismissed the petition filed by ReNew Solar Power Private Limited for the exemption of relinquishment charges. The Commission said ...
ACME Solar Decides to Terminate its Lowest Tariff Project Citing Force Majeure
ACME Solar has filed a petition before the Central Energy Regulatory Commission (CERC), asking it to direct the Solar Energy Corporation of India (SECI) and the Power Grid Corporation of ...
CERC Lists Conditions for Waiver of Bank Guarantee for Long-Term Access Applicants
Power Grid Corporation of India Limited (PGCIL) filed an instant application requesting the Central Electricity Regulatory Commission (CERC) to provide clarity on the exemption of construction phase bank guarantee (BG) ...
CERC Issues Guidelines for Inter-State Transmission Charges for Solar and Wind Projects
The Central Electricity Regulatory Commission (CERC) has issued new guidelines for inter-state transmission charges and losses. The guidelines shed light on the responsibilities of the nodal agencies and the calculation ...
Renewable Projects in Uttar Pradesh to See New Forecasting and Scheduling Regulations
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has taken note of Uttar Pradesh Power Corporation Limited’s (UPPCL) request to modify the Central Electricity Regulatory Commission (CERC) deviation settlement mechanism (DSM) ...
CERC Prepares Blueprint for New Tariff Regulations for Renewable Projects
The Central Electricity Regulatory Commission (CERC) has come out with the draft tariff regulations 2020, which will come in force from July 01, 2020, and will remain in force until ...
Kerala Commission Directs INOX to Enter Tripartite PPA for a 16 MW Wind Project
The Kerala State Electricity Regulatory Commission (KSERC) has directed INOX Renewables Limited, the Kerala State Electricity Board Limited (KSEB), and Damodar Jagannath Malpani to enter into a tripartite power purchase ...
Chhattisgarh Cuts Late Payment Surcharge to 0.75% to Help DISCOMs
To deal with the ongoing COVID-19 pandemic, which has caused economic disruptions across the board, the Chhattisgarh Electricity Regulatory Commission (CSERC) has issued an order reducing the payment of the ...
West Bengal Reduces Late Payment Surcharge to 1% Per Month Amid COVID-19 Lockdown
Considering the ongoing economic disruption caused amid the Coronavirus pandemic, the West Bengal Electricity Regulatory Commission (WBERC) has issued an order for the late payment surcharge (LPS) to be charged ...
DISCOMs Collect Power Bills Online But Refuse to Pay Power Generators Amid COVID-19
The grave economic impact of the COVID-19 outbreak is being felt across all segments of the power sector, including renewable energy. To try and slow the spread of Coronavirus, a ...
Late Payment Surcharge for DISCOMs Reduced in Madhya Pradesh
To tackle the unprecedented challenges posed by the outbreak of Coronavirus, the Madhya Pradesh Electricity Regulatory Commission (MPERC) has reduced the rate of current late payment surcharge (LPS) to be ...
Additional Costs Borne by Solar Developers Due to GST Imposition to be Reimbursed
In a recent order, the Central Electricity Regulatory Commission declared that the introduction of Goods and Services Tax (GST) fell within the scope of the “Change in Law” clause for ...
Power Generators Get More Time to File Tariff Petitions Amid COVID-19 Outbreak
The Central Electricity Regulatory Commission (CERC) is allowing additional time for the power generators to file tariff petitions as refipef from the disruption caused bo the Coronavirus pandemic. The Commission ...
SECI to Reimburse Additional Charges Incurred by Hero Solar Due to GST Enactment
The Central Electricity Regulatory Commission (CERC) has said that the introduction of the Goods and Services Tax (GST) falls under the scope of the “Change in Law” clause of power ...
CERC: DISCOMs to Pay Reduced Late Payment Surcharge Amid COVID-19 Outbreak
Given the ongoing lockdown in the country caused by Coronavirus (COVID-19), the Central Electricity of Regulatory Commission (CERC) has reduced the rate for late payment surcharge (LPS) payable by distribution ...
CERC Proposes New Forbearance Price and Removal of Floor Prices for RECs
The Central Electricity Regulatory Commission (CERC) has issued a proposal for establishing forbearance and floor prices for renewable energy certificates (RECs). RECs are a market instrument to meet renewable purchase ...
CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown
Amid the Coronavirus (COVID-19) outbreak in India, the Central Electricity Regulatory Commission (CERC) has decided to defer implementing the real-time power market (RPM) until June 1, 2020. In January 2020, ...
SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs
The Central Electricity Regulatory Commission (CERC) recently passed an order asking Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) to pay the requested compensation to Wardha ...
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak
The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations
The Central Electricity Regulatory Commission (CERC) has rescheduled implementing the fifth amendment of deviation settlement regulations from April 1, 2020, to June 1, 2020. The present regulations (Regulation 7) will ...
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March
March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
