CERC Sets ₹3.48/kWh as the National Average Power Purchase Cost for Open Access
The Central Electricity Regulatory Commission (CERC) has set the national average power purchase cost (APPC) at ₹3.48 (~$0.0542)/kWh, barring a few states for open access. According to CERC the APPC ...
India Renewable Energy Policy Roundup: July 2017
Mercom’s renewable energy policy roundup from central, state and government agencies in India for the month of July 2017: Gujarat Electricity Regulatory Commission (GERC) released the GERC Net-Metering Rooftop Solar ...
Important Data Points and Headlines from the Indian Renewable Energy Sector in July 2017
Several hydropower projects in India are witnessing significant overruns in both time and costs. Only 28 percent of the total hydropower potential in India - out of 148 GW has been developed ...
Delhi Electricity Regulatory Commission Issues Draft Regulations for RPOs and RECs for Financial Years 2017-2020
The Delhi Electricity Regulatory Commission (DERC) has issued the Draft DERC (Renewable Purchase Obligation (RPO) and Renewable Energy Certificate (REC) Framework Implementation) Regulations 2017. The DERC has asked stakeholders to ...
Haryana DISCOMs to Get Rs.7.5 Billion (~$116 Million) Under UDAY Program
The Haryana government will provide Rs.7.5 billion (~$116.38 million) loan to distribution companies (DISCOMs) in Haryana at a concessional rate of interest (about 3 percent lower than the market rate) ...
RPO System to be Re-evaluated Says Power Minister Piyush Goyal
A separate solar and non-solar renewable purchase obligations (RPO) system should be reviewed according to Mr. Piyush Goyal, Minister of Power. If what’s been proposed by Mr. Goyal comes to ...
Haryana Electricity Regulatory Commission Releases Discussion Paper on 2017 Tariff Regulations For Renewable Energy Sources
The Haryana Electricity Regulatory Commission (HERC) has released a discussion paper on HERC (Terms and Conditions for Determination of Tariff from Renewable Energy Sources, Renewable Purchase Obligation (RPO) and Renewable Energy Certificate ...
CERC Reduces Forbearance Price of Solar RECs to Rs.2,400 (~$36.91)/MWh
The Central Electricity Regulatory Commission (CERC) has issued new forbearance and floor prices for Renewable Energy Certificates (REC). The forbearance price of solar RECs will be Rs.2,400 (~$36.91)/MWh and the ...
Rural Electrification Corporation Powers 130 Million Rural Households
The Rural Electrification Corporation (REC) has electrified 13,04,63,046 rural households, so far. There were 17,75,90,317 unelectrified rural households, but the REC has achieved close to two-thirds of the target. About ...
CERC Reduces Floor Price of Solar RECs to Rs.1,000/MWh
The Central Electricity Regulatory Commission (CERC) has issued new forbearance and floor prices for Renewable Energy Certificates (REC). The CERC has announced that the forbearance price of solar RECs will ...
Rural Electrification Corporation Signs MoU Worth Rs.151.5 Billion (~$2.25 billion) in Jharkhand to Connect State to the Grid
The Rural Electrification Corporation (REC) has signed a memorandum of understanding (MoU) with the state government of Jharkhand worth Rs.151.5 billion (~$2.25 billion). An MoU was signed with Jharkhand Bijli ...
25 Indian States Fall Behind Solar RPO Targets
Twenty-five states in India have fallen behind their renewable purchase obligation (RPO) targets. The state-wise installation targets set by the Ministry of New and Renewable Energy (MNRE) have not been ...
CEA Asks Utilities to Follow Advisory Mandating Use of Domestic Materials for Government Projects
The Central Electricity Authority (CEA) has requested utilities to ensure that they follow the advisory mandating the use of domestic materials and equipment in government projects. Utilities in various states ...
Indian Solar Quarterly Market Update
Stable Non-Protectionist Solar Policies Will Help Attract Much-Needed Foreign Investments into India The fundamentals of the solar sector have shifted. After years of panel price drops, module prices have gone ...
India First Quarter Solar Market Update – Focus on India’s solar policy framework
After the formal launch of the Jawaharlal Nehru National Solar Mission (JNNSM) in 2010, the markets have been closely watching the progress of India’s solar program as the JNNSM moves ...