CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

The Central Electricity Regulatory Commission (CERC), in a recent order, approved the introduction of the Green Day Ahead Contract (GDAC) at the Indian Energy Exchange (IEX) and the Power Exchange ...
/ / Markets & Policy, Solar
Transmission Line Proposed to Supply 500 MW of Renewable Energy to Reliance Refinery

Transmission Line Proposed to Supply 500 MW of Renewable Energy to Reliance Refinery

The Central Electricity Regulatory Commission (CERC) has asked for stakeholder consultation regarding a transmission line to supply an additional 500 MW of renewable energy-based power to Reliance Industries (RIL) Jamnagar ...
/ / Grid, Market & Policy
SECI Paid ₹6.52 Billion for Solar and Wind Power Purchased in August

SECI Paid ₹6.52 Billion for Solar and Wind Power Purchased in August

The Solar Energy Corporation of India (SECI) paid ₹6.52 billion ($86.7 million) to solar and wind developers for the power purchased in August 2021. The disbursed amount accounted for 97% ...
/ / Markets & Policy, Solar
First Phase of Market-Based Economic Dispatch of Power to Start from April 2022

First Phase of Market-Based Economic Dispatch of Power to Start from April 2022

The Ministry of Power (MoP) has released the framework for implementing the Market-Based Economic Dispatch (MBED) - Phase 1 program to reduce consumers’ power purchase costs by 5%. MBED will ...
/ / Grid, Utilities
Resolution of SEBI-CERC Dispute Will Pave the Way for Reforms – Power Ministry

Resolution of SEBI-CERC Dispute Will Pave the Way for Reforms – Power Ministry

The Supreme Court has disposed of the long-pending dispute between the Securities and Exchange Board of India (SEBI) and the Central Electricity Regulatory Commission (CERC) regarding regulatory jurisdiction of electricity ...
/ / Grid, Market & Policy
New Electricity Rules to Enable Power Utilities to Easily Access Transmission Network

New Electricity Rules to Enable Power Utilities to Easily Access Transmission Network

The Ministry of Power has notified the Electricity (Transmission System Planning, Development, and Recovery of Inter-State Transmission Charges) Rules 2021 to enable power utilities to access the transmission network across ...
/ / Grid, Market & Policy
Renewable Energy Certificates To Be Valid Until Sold - Power Ministry

Renewable Energy Certificates to be Valid Until Sold – Power Ministry

The Union Minister of Power R K Singh has approved amendments to the renewable energy certificate (REC) mechanism. According to the new amendments, the REC will remain valid until it ...
/ / Grid, Market & Policy
Haryana Commission Rules in Favor of DISCOM in a Dispute Regarding Tariff Determination

Haryana Commission Rules in Favor of DISCOM in a Dispute Regarding Tariff Determination

The Haryana Electricity Regulatory Commission (HERC), in a recent order, ruled that a tariff of ₹5.68 (~$0.077)/kWh (without appreciated depreciation) and ₹5.08 (~$0.068)/kWh (with accelerated depreciation) would be applicable for ...
/ / Grid, Market & Policy
CERC Announces Draft Deviation Settlement Mechanism

CERC Announces Draft Deviation Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2021. The regulations seek to ensure, through a commercial mechanism, adherence to ...
/ / Markets & Policy, Solar
CERC Adopts Tariff of ₹2.63kWh for a 300 MW Solar Project

CERC Adopts Tariff of ₹2.63/kWh for a 300 MW Solar Project

The Central Electricity Regulatory Commission (CERC) adopted the tariff of ₹2.63 (~₹0.036)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for a 300 MW solar project as requested by NTPC  in ...
/ / Markets & Policy, Solar
Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

The Central Electricity Regulatory Commission (CERC), in a recent order, has reiterated Solar Energy Corporation of India's (SECI) proposal for a 10.41% discount rate on annuity payments towards the additional ...
/ / Markets & Policy, Solar
CERC Directs SECI To Compensate Solar Developer for GST Claims

CERC Directs SECI to Compensate Solar Developer for GST Claims

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 additional cost incurred due to ...
/ / Markets & Policy, Solar
Odisha Proposes Forecasting and Scheduling Regulations for Wind and Solar Projects

Odisha Proposes Forecasting and Scheduling Regulations for Wind and Solar Projects

The Odisha Electricity Regulatory Commission (OERC) has invited suggestions on the proposed Forecasting, Scheduling, and Deviation Settlement of Wind and Solar Generating Stations at the State Level Regulations, 2021. The ...
/ / Demand Response, Grid
Developer's Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

Developer’s Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected the request of a solar developer for extension of the scheduled commissioning dates of two solar projects of 70 ...
/ / Markets & Policy, Solar
APTEL Directs Karnataka Commission to Issue New Tariff Order for Bagasse-Based Projects

APTEL Directs Karnataka Commission to Issue New Tariff Order for Bagasse-Based Projects

The Appellate Tribunal for Electricity (APTEL), in a recent order, ruled that the Karnataka Electricity Regulatory Commission (KERC) should have considered the capital cost of ₹49.25 million (~$664,114)/MW as determined ...
/ / Biofuel, Other
Tender Floated for Bhadla Substation Package for Solar Energy Zones in Rajasthan

Tender Floated for Bhadla Substation Package for Solar Energy Zones in Rajasthan

Power Grid Corporation of India Limited (PGCIL) has floated a tender for a substation package for the extension of 765/400/220 kV Bhadla-II pooling substation under the transmission system strengthening program ...
CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected ReNew Power’s petition to adjust the bank guarantee upon grant of stage-II connectivity against the letter of award (LoA) issued ...
/ / Wind
Himachal Pradesh Reduces Levelized Tariffs for Solar Projects up to 5 MW

Himachal Pradesh Reduces Levelized Tariffs for Solar Projects Up to 5 MW

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued a generic levelized tariff for solar projects (up to 5 MW) for the financial year (FY) 2021-22. The Commission also sought ...
/ / Markets & Policy, Solar
PGCIL's Rajasthan Subsidiary Secures Transmission License for 8.1 GW of Solar Projects

PGCIL’s Rajasthan Subsidiary Secures Transmission License for 8.1 GW of Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has granted a transmission license to Bikaner-II Bhiwadi Transco, a special purpose vehicle of Power Grid Corporation of India (PGCIL), ...
/ / Grid, T&D
CERC Reserves Judgment on Solar Developer’s Safeguard Duty Compensation Plea

CERC Reserves Judgment on Solar Developer’s Safeguard Duty Compensation Plea

The Central Electricity Regulatory Commission (CERC), in a recent order, directed Phelan Energy India RJ, a solar developer, to file its response for the delay of 161 days in seeking ...
SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

The Central Electricity Regulatory Commission (CERC), in a recent order, ruled that Clean Solar Power (Bhadla), a subsidiary of Hero Solar Energy, was entitled to compensation for the additional expense ...
Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment

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

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 ...
/ / Markets & Policy, Solar
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

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 ₹7.08kWh for Waste-to-Energy Projects Until March 2022

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 ...
/ / Other, Waste to Energy