Uttar Pradesh Regulator Adopts Tariff for Procuring Non-Solar Renewable Power

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 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

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

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 ...
/ / Other, Renewable Energy
IEX’s Green Market Trades 457 MU of Renewable Energy in November 2021

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 ...
/ / Other, Renewable Energy
Carry Forward of Surplus Non-Solar, Solar RPO to the Next Financial Year Allowed in Punjab

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 ...
/ / Markets & Policy, Solar
IEX’s Green-Term Ahead Market Traded 1.68 BU in Q3 2021

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 ...
/ / Grid, Market & Policy
Bharat Petroleum Invites Bids for Open Access Renewable Power

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

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 ...
/ / Other, Renewable Energy
CESC Invites Bids to Procure Power from Solar and Other Renewable Sources

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 ...
IOCL

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 ...
/ / Other, Wind
DISCOMs Must Pay Existing Renewable Developers On Time to Attract New Competitive Bids

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 ...
/ / Other, Renewable Energy
Mizoram Invites Bids for Short-Term Sale of Surplus Non-Solar Renewable Power

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

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

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

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

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 ...
/ / Markets & Policy, Solar
CERC Extends Validity of Expiring Solar and Non-Solar RECs to October 31, 2020

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 ...
AAI’s New Tender Seeks Engineering Consultancy for a 5 MW Solar Project at Calicut Airport

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 ...
TNB Signs PPAs to Develop 180 MW of Grid-Connected Solar Projects in Malaysia

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 ...
/ / Markets & Policy, Solar
Tata Power Seeks to Procure 150 MW of Non-Solar Renewable Power on a Short-Term Basis

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 ...
/ / Grid, Tenders & Auctions
Solar REC Trading Rises in January 2020

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 ...
/ / Markets & Policy, Solar
Indian Solar Industry – Cautiously Optimistic

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 ...
/ / Other, Renewable Energy
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
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