Uttar Pradesh Regulator Adopts Tariff for Procuring Non-Solar Renewable Power
The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently adopted the tariff to procure non-solar renewable power from July 2022 to September 2022. The Commission also approved the power purchase agreements ...
Karnataka Regulator Issues Draft RPO Target Until 2029-30
Karnataka Electricity Regulatory Commission (KERC) has issued amendments to the KERC (Procurement of Energy from Renewable Sources), Regulations, 2011 to specify the Renewable Purchase Obligation (RPO) target for 2022-23 to ...
CERC Approves Hydropower Contracts to be Introduced in Green Term-Ahead Market
The Central Electricity Regulatory Commission (CERC) has approved the introduction of hydropower in the Green Term-Ahead Market (GTAM) following a petition by the Indian Energy Exchange (IEX), to facilitate the ...
Renewable Energy Trading Declined by 23% MoM to 280 MU at IEX in January 2022
The Indian Energy Exchange (IEX) traded 280 million units (MU) of renewable energy in January 2022, a 23.28% month-over-month (MoM) decline compared to 365 MU traded in the previous month ...
IEX’s Green Market Trades 457 MU of Renewable Energy in November 2021
The Indian Energy Exchange (IEX) traded 457 million units (MU) of renewable energy in November 2021, a 23% month-over-month (MoM) increase compared to 372.4 MU in October. The exchange saw ...
Carry Forward of Surplus Non-Solar, Solar RPO to the Next Financial Year Allowed in Punjab
The Punjab State Electricity Regulatory Commission (PSERC) accepted Punjab State Power Corporation Limited (PSPCL)’s petition to carry forward the cumulative surplus non-solar and solar renewable purchase obligation (RPO) from the ...
IEX’s Green-Term Ahead Market Traded 1.68 BU in Q3 2021
The Indian Energy Exchange (IEX) traded 1.68 billion units (BU) of renewable energy in the third quarter (Q3) of the calendar year (CY) 2021. The exchange traded 8.99 BU of ...
Bharat Petroleum Invites Bids for 15 MW of Open Access Renewable Power
Bharat Petroleum has invited bids to procure 15 MW of solar and non-solar renewable power on a short-term open access basis for its refinery in Mahul, Mumbai. The successful bidder's ...
Punjab Specifies Share of Hydropower in its Renewable Purchase Obligation Trajectory
The Punjab State Electricity Regulatory Commission (PSERC) has invited comments, suggestions, and objections to the staff paper for revising the renewable purchase obligation (RPO) regulations to factor in hydropower purchase ...
CESC Invites Bids to Procure Power from Solar and Other Renewable Sources
CESC Limited, the Kolkata-based company of the RP-Sanjiv Goenka Group, has invited bids for the procurement of power from solar and non-solar renewable energy sources in or outside West Bengal ...
Indian Oil Invites Bids for Trading of Non-Solar RECs from 72 MW of Wind Projects
The Indian Oil Corporation Limited (IOCL) has invited bids from traders to sell 176,262 non-solar renewable energy certificates (RECs) generated from 72.3 MW of wind power projects in Rajasthan through ...
DISCOMs Must Pay Existing Renewable Developers On Time to Attract New Competitive Bids
The Maharashtra Electricity Regulatory Commission (MERC) recently heard the petition of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to relax penalty for unmet renewable purchase obligation (RPO) targets and ...
Mizoram Invites Bids for Short-Term Sale of Surplus Non-Solar Renewable Power
The Power and Electricity Department of Mizoram (PEDM) has issued a notice inviting bids for the short-term sale of the state electricity department's surplus non-solar renewable power generated between January ...
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 ...
Mizoram Extends Deadline for Short-Term Supply of Non-Solar Renewable Power
The Power and Electricity Department of Mizoram (PEDM) has extended the date to submit bids for the short-term sale of surplus non-solar renewable power. The deadline has been extended to ...
Solar and Non-Solar REC Trading Plummets in April
Due to the lockdown caused by the coronavirus (COVID-19) pandemic, there was a significant decrease in the trade volume of both solar and non-solar renewable energy certificates (RECs) in April ...
Chhattisgarh Approves Power Sale Agreement for 400 MW Solar-Wind Hybrid Power
The Chhattisgarh State Electricity Regulatory Commission (CSERC) has approved the power sale agreement (PSA) signed between the Chhattisgarh State Power Distribution Co.Ltd (CSPDCL) and Solar Energy Corporation of India Ltd ...
CERC Extends Validity of Expiring Solar and Non-Solar RECs to October 31, 2020
The Central Electricity Regulatory Commission (CERC) has passed an order extending the validity of renewable energy certificates (RECs) to avoid demand-supply imbalances in the REC market. It extended the validity ...
Solar REC Trading Soars in February 2020
There was a significant increase in the trade volume of both solar and non-solar renewable energy certificates (RECs) in February. A cumulative sum of 1,299,737 solar RECs was traded on ...
Assam: Solar RPO of 1% Applicable to Captive Power Projects Commissioned Before 2016
The Assam Electricity Regulatory Commission (AERC) has notified that for captive power projects (CPPs) which were commissioned before April 1, 2016, the renewable purchase obligation (RPO) will be 1% for ...
Tata Power Seeks to Procure 150 MW of Non-Solar Renewable Power on a Short-Term Basis
Tata Power-Delhi Distribution Limited (TPDDL) has issued a request for proposal (RfP) for procuring up to 150 MW of renewable (non-solar) power on a short-term basis for meeting its renewable ...
Solar REC Trading Rises in January 2020
Entities rushed to buy renewable energy certificates (RECs) to meet their renewable purchase obligations (RPOs) in January 2020. A cumulative sum of 76,220 solar RECs was traded on the Indian ...
Solar REC Trading Volume Improved in December 2019
In December 2019’s renewable energy certificate (REC) trading session, there was a significant increase in the number of solar RECs that were traded when compared with the previous month of ...
Kerala Commission asks DISCOM to Modify PSA for 200 MW of Wind Projects Signed with SECI
In response to a petition filed by the Kerala State Electricity Board (KSEB) for the approval of a power sale agreement (PSA) with the Solar Energy Corporation of India (SECI), ...
Uttarakhand DISCOM Allowed to Use Surplus Non-Solar RPO to Meet its Solar RPO Deficits
The Uttarakhand Electricity Regulatory Commission (UERC) has allowed Uttarakhand Power Corporation Limited (UPCL) to carry forward the surplus non-solar renewable purchase obligations (RPO) of the financial year (FY) 2019-20 to ...
