IEX's Green Term-Ahead Market Trades Over 21 MU of Solar Power in March 2021

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 ...
/ / Grid, Market & Policy
National Average Power Purchase Cost of ₹3.85/kWh Set for Open Access Solar Projects

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 ...
/ / Grid, Market & Policy
Uttar Pradesh Regulator Approves Power Sale Agreement for 380 MW of Wind Projects

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 ...
/ / Other, Wind
CERC Directs SECI Not to Encash Bank Guarantees of Delayed Wind Project

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 ...
/ / Other, Wind
REC Market Counting on RPO Compliance Deadline Extension Amidst Trading Halt

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 ...
CERC Adopts Tariff for 3 GW of Thermal-Bundled Solar Projects Tendered in 2015

CERC Adopts Tariff for 3 GW of Thermal-Bundled Solar Projects Tendered in 2015

The Central Electricity Regulatory Commission (CERC) has passed an order approving tariffs ranging between ₹3.15 (~$0.043)/kWh and ₹5.19 (~$0.071)/kWh for 3 GW of solar projects bundled with thermal power under ...
CERC Revises Grant of Connectivity Guidelines for ISTS-Connected Renewable Projects

CERC Revises Grant of Connectivity Guidelines for ISTS-Connected Renewable Projects

The Central Electricity Regulatory Commission (CERC) has approved the revised guidelines for the grant of interstate transmission system (ISTS) connectivity to renewable energy projects. The Commission had issued draft amendments ...
/ / Grid, T&D
India to Soon Get Another Power Exchange

India to Soon Get Another Power Exchange

The Central Electricity Regulatory Commission (CERC) proposes to grant registration to Pranurja Solutions to establish and operate a power exchange. The Commission said that it would invite suggestions and comments ...
/ / Grid, Market & Policy
Kerala DISCOM to Purchase 300 MW of Solar Power from NTPC at ₹2.51/kWh

Kerala DISCOM to Purchase 300 MW of Solar Power from NTPC at ₹2.51/kWh

In a recent notification, the Kerala State Electricity Board (KSEB) announced its willingness to procure 300 MW of solar power from NTPC Limited at ₹2.51 (~$0.034)/kWh. NTPC had informed the ...
/ / Markets & Policy, Solar
Punjab To Sign Power Sale Agreement for 500 MW of Solar-Wind Hybrid Power at ₹2.69/kWh

Punjab To Sign Power Sale Agreement for 500 MW of Solar-Wind Hybrid Power at ₹2.69/kWh

The Punjab State Electricity Regulatory Commission (PSERC) approved the procurement of 500 MW of solar-wind hybrid power from the Solar Energy Corporation of India (SECI) at a tariff of ₹2.69 ...
/ / Other, Renewable Energy
CERC Dismisses Solar Developer's Plea to Grant Connectivity to its Subsidiaries

CERC Rejects Solar Developer’s Plea to Transfer Connectivity & LTA to its Subsidiaries

The Central Electricity Regulatory Commission (CERC) dismissed a solar developer's plea to allow utilization of connectivity and long-term access (LTA) to its two wholly-owned subsidiaries and said that it was ...
/ / Markets & Policy, Solar
CERC Adopts Tariffs of ₹2.83/kWh and ₹2.84/kWh for 440 MW of Wind Power Projects

CERC Adopts Tariffs of ₹2.83/kWh and ₹2.84/kWh for 440 MW of Wind Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs of ₹2.83 (~$0.038)/kWh for 250.8 MW and ₹2.84 (~$0.039)/kWh for 190 MW of wind power projects (Tranche-VIII) connected to the interstate ...
/ / Wind
CERC Rejects Petition to Exempt Projects in Solar Parks from ISTS Charges

CERC Rejects Petition to Exempt Projects in Solar Parks from ISTS Charges

The Central Electricity Regulatory Commission (CERC) has rejected a petition to declare an inter-state transmission system (ISTS) transmission network connecting the solar park with the national grid as a ‘project ...
CERC Adopts Tariff of ₹2.54/kWh for 1,150 MW of Solar Power Projects

CERC Adopts Tariff of ₹2.54/kWh for 1,150 MW of Solar Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted the tariff of ₹2.54 (~$0.035)/kWh for 1,150 MW of solar projects allocated to ReNew Solar Power (300 MW), Azure Power (300 MW), ...
/ / Markets & Policy, Solar
DISCOMs Now Have Hydropower Purchase Obligation in Their RPO Targets

DISCOMs Now Have Hydropower Purchase Obligation in Their RPO Targets

The Ministry of Power (MoP) has issued a notification specifying renewable purchase obligation (RPO) targets, including large hydropower projects commissioned after March 08, 2019. On March 08, 2019, the government ...
/ / Other, Renewable Energy
Himachal Pradesh Sets Levelized Tariffs for Solar Projects Up To 5 MW for FY 2020-21

Himachal Pradesh Sets Levelized Tariffs for Solar Projects Up To 5 MW for FY 2020-21

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued generic levelized tariffs for solar projects (not exceeding 5 MW) for the financial year (FY) 2020-21. The Commission had sought suggestions ...
/ / Markets & Policy, Solar
Ministry of Power suggests Changes to CERC Regulations Regarding Transmission Charges

Ministry of Power Suggests Changes to CERC Regulations Regarding Transmission Charges

The Ministry of Power has issued directions to the Central Electricity Regulatory Commission (CERC) regarding sharing transmission charges under 'force majeure' conditions. The ministry noted that the Central Transmission Utility ...
/ / Grid, Market & Policy
SC Allows CERC to Pronounce Orders in Reserved Matters Until New Member of Law Joins

SC Allows CERC to Pronounce Orders in Reserved Matters Until New Member of Law Joins

In a new development regarding the appointment of Member (Law) at the Central Electricity Regulatory Commission (CERC), the supreme court has allowed pronouncement of judgments in some reserved matters until ...
Tata Power's Power Sale Agreement With SECI for 200 MW of Solar Gets Regulatory Approval

Tata Power’s Power Sale Agreement With SECI for 200 MW of Solar Gets Regulatory Approval

The Delhi Electricity Regulatory Commission (DERC) approved the power sale agreement (PSA) signed between the Tata Power Distribution Limited (TPDDL) and the Solar Energy Corporation of India (SECI) for the ...
/ / Markets & Policy, Solar
Telangana Government to Pay ₹400 Million to Solar Developers in GST and VAT Refunds

Telangana Government to Pay ₹400 Million to Solar Developers in GST and VAT Refunds

The Telangana government has approved the release of ₹400.19 million (~$5.48 million) to Mytrah Agriya Power and six other solar firms toward the refund of State Goods and Services Tax ...
/ / Markets & Policy, Solar
Month in a Minute Top Headlines from Indian Renewable Sector in December 2020

Month in a Minute: Top Headlines from Indian Renewable Sector in December 2020

Here is a recap of some of the most important headlines from December 2020: The Ministry of Environment, Forest and Climate Change has constituted a high-level inter-ministerial Apex Committee to ...
/ / Other, Renewable Energy
Rajasthan Sets a Tariff of ₹6 for Public Electric Vehicle Charging Stations

Rajasthan Sets a Tariff of ₹6 for Public Electric Vehicle Charging Stations

The Rajasthan Electricity Regulatory Commission (RERC) has issued a draft order for electric vehicle (EV) charging infrastructure, tariffs, and other regulatory issues. As per the draft order, a tariff of ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up_ CERC and FERC Sign MoU to Work Together in the Electricity Sector

Daily News Wrap-Up: CERC and FERC Sign MoU to Work Together in the Electricity Sector

Here are some noteworthy cleantech announcements of the day from around the world: The Union Cabinet has given its approval to the Central Electricity Regulatory Commission's proposal for entering into a Memorandum ...
/ / Other, Renewable Energy
CERC Gets New Member of Law, Set to Resume Operations

CERC Gets New Member of Law, Set to Resume Operations

After four months of the shutdown, normalcy returns to the Central Electricity Regulatory Commission (CERC) with the Ministry of Power (MoP) finally appointing a member of law in the Commission ...
/ / Grid, Market & Policy
Curtailment of Solar and Wind for Commercial Reasons Continues to be a Threat

Curtailment of Solar and Wind for Commercial Reasons Continues to be a Threat

Renewable power generation, especially solar power, has seen phenomenal growth since the inception of the National Solar Mission and has accounted for most new capacity additions over the past three ...
/ / Mercom Research Focus, Other