Kerala Commission asks DISCOM to Modify PSA for 200 MW of Wind Projects Signed with SECI

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), ...
/ / Wind
Uttarakhand DISCOM Allowed to Use Surplus Non-Solar RPO to Meet its Solar RPO Deficits

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 ...
/ / Markets & Policy, Solar
Maharashtra Commission Approves a Tariff of ₹3.10_kWh for 7 MW of Solar Projects

Maharashtra Commission Approves a Tariff of ₹3.10/kWh for 7 MW of Solar Projects

The Maharashtra State Power Generation Company Limited (MSPGCL) and Maharashtra State Electricity Distribution Company Limited (MSEDCL) recently approached the Maharashtra Electricity Regulatory Commission (MERC) seeking its approval for the adoption ...
/ / Markets & Policy, Solar
Maharashtra to Procure 500 MW of Wind Energy with a Tariff Cap of ₹2.95/kWh

Maharashtra to Procure 500 MW of Wind Energy with a Tariff Cap of ₹2.95/kWh

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender to procure 500 MW of wind power through a competitive bidding process. The distribution company intends to meet ...
/ / Other, Wind
Demand for Solar and Non-Solar RECs Increased in July 2019

Demand for Solar and Non-Solar RECs Increased in July 2019

In July’s renewable energy certificate (REC) trading session, there was a rise in the number of solar and non-solar RECs that were traded. A total of 129,056 solar RECs were ...
/ / Markets & Policy, Solar
CERC Overlooks Procedural Delays, Grants RECs to Captive Generator in Uttar Pradesh

CERC Overlooks Procedural Delays, Grants RECs to Captive Generator in Uttar Pradesh

In a recent order, the Central Electricity Regulatory Commission (CERC) directed the National Load Dispatch Centre (NLDC) and Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) to issue the ...
/ / Other, Renewable Energy
PPA for 12 MW Waste Gas-Based Captive Project Approved in West Bengal

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?

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

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 ...
Karnataka Proposes Reduction in BESCOM’S RPO Target from 13% to 12%

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

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 ...
Solar REC Trading Declines Significantly in October 2018

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

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

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 ...
Maharashtra Sets ₹2.72/kWh as Generic Tariff for Solar and ₹2.87/kWh for Wind

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 ...
/ / Grid, Market & Policy
MSEDCL Tenders Solar to meet its RPO

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 ...
/ / Markets & Policy, Solar
February 2019 Records High Activity in Solar and Non-Solar REC Trading

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

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 ...
/ / Markets & Policy, Solar
India Records Power Supply Deficit of 0.6 Percent During Apr-Sep 2018

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 ...
/ / Markets & Policy, Solar
CEA Asks States to Use 5-10% Biomass Pellets for Power Generation in Thermal Plants

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 ...
/ / Other, Renewable Energy
SECI’s 1,200 MW Wind Tender Receives Bids Totaling 2,190 MW

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 ...
/ / Markets & Policy, Solar
Solar RPO In India

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 ...
/ / Markets & Policy, Solar
Himachal Pradesh Increases State’s Solar RPO to 7.25 Percent for FY 2019-20

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 ...
/ / Markets & Policy, Solar
Corporates Win Three RPO Compliance Delay Cases in Karnataka

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 ...
/ / Other, Renewable Energy
Meghalaya’s Solar RPO Requirement for FY 2018-19 Raised to 0.75%

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 ...
/ / Markets & Policy, Solar