PPA for 12 MW Waste Gas-Based Captive Project Approved in West Bengal
The West Bengal Electricity Regulatory Commission (WBERC) has approved the power purchase agreement (PPA) for a 12 MW waste gas-based power generation project in the state. The commission had received ...
India’s REC Inventory Almost Exhausted, What’s Next?
The month of June 2019 witnessed the near exhaustion of the entire renewable energy certificate (REC) inventory on both the energy exchanges, namely the Indian Energy Exchange (IEX) and the ...
Uttar Pradesh Proposes Solar RPO at 2% for 2019-20
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed amendments to its Renewable Purchase Obligation (RPO) Regulations. The regulations were issued in 2010 to facilitate the growth of renewable energy ...
Uttar Pradesh DISCOMs Ordered to Submit Roadmap for Solar and Non-Solar RPO Fulfilment
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has ordered its electricity distribution company to respond to its suo moto proceedings about meeting renewable purchase obligation (RPO) targets as per regulations ...
Solar RECs Traded at the Price of ₹2,000 in IEX and PXIL During May 2019
Entities rushed to buy renewable energy certificates (RECs) to fulfill their renewable purchase obligations (RPOs) in May 2019. This led to solar RECs being traded at ₹2,000 (~$28.68)/REC on both ...
CERC Extends Validity of RECs Due to Expire between April and October 2019
Providing relief to renewable energy generators of both solar and non-solar projects who are a part of the renewable energy certificate (REC) mechanism, the Central Electricity Regulatory Commission (CERC) has ...
Adani Electricity Mumbai Has Time Until March 2020 to Comply with RPO
Government agencies in India are taking renewable purchase obligation (RPO) compliance cases seriously, and entities are being brought to task by state electricity regulatory commissions after the creation of RPO ...
Maharashtra Asks Entities Including BEST and Indian Railways to Comply with Their Solar RPO
The Maharashtra Electricity Regulatory Commission (MERC) has ordered five entities to comply with their solar and non-solar renewable purchase obligation (RPO) requirement for Financial Year (FY) 2017-18 in FY 2018-19. The ...
Low REC Inventory Pulls Trading Numbers Down in March 2019
After surging in February 2019, the trade in solar renewable energy certificates (RECs) declined in March 2019. The decline in the number of RECs traded is a result of low ...
Maharashtra DISCOM Allowed Time Until March 2020 to Comply with Solar RPO for FY 2017-18
In an unusual ruling, the Maharashtra Electricity Regulatory Commission (MERC) has ordered Maharashtra State Electricity Distribution Company Limited (MSEDCL) to comply with its solar renewable purchase obligation (RPO) requirement for FY ...
February 2019 Records High Activity in Solar and Non-Solar REC Trading
After the decline in trading numbers in January 2019, trade in solar RECs spiked massively in February 2019. In February 2019, a total of 408,764 solar RECs traded on the ...
Uttar Pradesh Targets 3.2 GW of Solar Power by March 2021
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has initiated a Suo-moto proceeding to review the fulfillment of renewable purchase obligations (RPO) by the obligated entities. Earlier, the Uttar Pradesh Power Corporation ...
REC Trading Trend Reverses in December: Solar Trade Spikes While Non-Solar Slumps
Renewable energy certificates trading (RECs) on the energy exchanges in India witnessed a reversal of trends in the last month of 2018. While trading activity in solar RECs spiked in ...
Maharashtra’s MSEDCL to Procure 50 MW of Biomass Power Through Reverse Auction
The Maharashtra Electricity Regulatory Commission (MERC) has approved a petition filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term procurement of 50 MW of biomass power ...
Solar REC Trading Slumps While Non-Solar REC Trading Spikes in November 2018
With both solar and non-solar renewable energy certificate (REC) trading undergoing a reversal in the demand-supply situation, trading of solar RECs has witnessed a huge slump even as trade in ...
Noida Power Company’s Roadmap for Solar and Non-Solar RPO Fulfilment Gets its Go-Ahead
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has accepted the submissions made by Noida Power Company Limited (NPCL) pertaining to the fulfilment of past renewable purchase obligations (RPO). NPCL’s submissions ...
Himachal Pradesh Increases State’s Solar RPO to 7.25 Percent for FY 2019-20
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued HPERC (Renewable Power Purchase Obligation and its Compliance) (Fifth Amendment) Regulations, 2018. These regulations will apply to the state of Himachal ...
Corporates Win Three Solar and Non-solar RPO Compliance Delay Cases in Karnataka
In three separate cases related to the delay in compliance of renewable purchase obligation (RPO)by corporates, the Karnataka Electricity Regulatory Commission (KERC) has provided relief to the obligated entities. Case ...
Meghalaya’s Solar RPO Requirement for FY 2018-19 Raised to 0.75%
The Meghalaya State Electricity Regulatory Commission (MSERC) has issued new regulations for Renewable Energy Purchase Obligation (RPO) and its compliance. These regulations will apply to the state of Meghalaya and ...
Solar REC Trading Witnesses Unprecedented Spike in September 2018
Solar renewable energy certificate (REC) trading witnessed an unprecedented spike in the month of September 2018. A total of 1,558,062 solar RECs were traded in September 2018. This is 1,071,933 ...
Solar REC Trading Spikes in July 2018, Non-Solar REC Trading Continues to Slump
Solar renewable energy certificate (REC) trading surged in July 2018, whereas non-solar REC trading continued to decline. In July 2018, 1,382,632 solar RECs were traded. This was 790,231 solar RECs ...
Haryana Approves Petition for Power Procurement from Non-Solar Sources for RPO
The Haryana Electricity Regulatory Commission (HERC) has approved a petition for the procurement of power from green energy sources other than solar with the purpose of fulfilling the stipulated renewable ...
Solar and Non-Solar REC Trading Slumps in June 2018
After a buoyant May, trading in both solar and non-solar renewable energy certificates (RECs) saw a significant decline in June 2018. In June 2018, 592,401 solar RECs were traded. This ...
Ministry of Power Sets Solar RPO for FY 2019-20 at 7.25 Percent
The Ministry for Power, Government of India, has set solar renewable purchase obligation (RPO) for financial year (FY) 2019-2020 at 7.25 percent. The non-solar RPO for FY 2019-2020 has been ...
CERC Gives its Go-Ahead to Solar and Non-Solar REC Trading
The Central Electricity Regulatory Commission (CERC) has given its go-ahead for the trade of solar and non-solar Renewable Energy Certificates (RECs) in the country. The new order comes after the ...
