Green Energy Association to Appeal APTEL REC Order to the Supreme Court
The Green Energy Association has decided to appeal the recent order passed by the Appellate Tribunal of Electricity (APTEL) regarding floor and forbearance prices of Renewable Energy Certificates (RECs). Recently, ...
APTEL Dismisses Petitions Against New Solar and Non-Solar REC Pricing Issued by CERC
The Appellate Tribunal of Electricity (APTEL) has dismissed petitions filed by stakeholders against the issue of new forbearance and floor prices for solar and non-solar renewable energy certificates (RECs) by ...
Non-Solar REC Trading Continued to Gain Momentum in March 2018
The final month of the renewable energy certificate (REC) trading year witnessed a spike in non-solar REC trading. However, REC trading witnessed a reversal in trends during March 2018 when ...
CERC Creates Procedure for the Issuance of RECs
The Central Electricity Regulatory Commission (CERC) has created a set of procedures for the issuance of Renewable Energy Certificates (RECs) to eligible entities (distribution companies and renewable energy generators). This ...
CERC Creates Registration Procedure for DISCOMs and Renewable Energy Projects
The Central Electricity Regulatory Commission (CERC) has issued a procedure for the registration of renewable energy projects and distribution licensees (DISCOMs) by the agency. This procedure is designed to improve ...
CERC Issues Guidelines for Accreditation of Entities Under the REC Mechanism
The Central Electricity Regulatory Commission (CERC) has issued model guidelines for the accreditation of renewable energy projects or distribution licensees (DISCOM) by state agencies under the Renewable Energy Certificate (REC) ...
After January Slump, Non-Solar REC Trading Spikes in February 2018
The number of non-solar Renewable Energy Certificates (RECs) traded in India during February 2018 was roughly double the number traded during January 2018. The increase came as entities pounced on ...
Non-Solar REC Trading Falls Drastically in January After Hitting December High
After touching new highs in December 2017, the trade in non-solar Renewable Energy Certificates (RECs) declined by almost two-thirds in January 2018 to 1.2 million total buy bids. The decline ...
KERC Plans to Raise Wheeling Charges for Solar and Wind in Karnataka
The Karnataka Electricity Regulatory Commission (KERC) has released a discussion paper that calls for increasing the wheeling and banking charges for solar, wind and other renewable energy projects developed under ...
December 2017 Wrap-up: New Developments in India’s Solar and Renewable Energy Sector
A rundown of notable news covering everything from auctions and deals to tax developments from the month of December December proved to be a crucial month for India’s renewable energy ...
DISCOMs Push Trade in Non-Solar RECs to A New High in December
Distribution companies (DISCOMs) making a mad dash to purchase non-solar Renewable Energy Certificates (RECs) to fulfill their Renewable Purchase Obligations (RPOs) before the end of the year have propelled India’s ...
SAUBHAGYA Household Electrification Program Launched in Madhya Pradesh
Madhya Pradesh recently became the third state after Manipur and Jammu and Kashmir to join the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) program. Through the SAUBHAGYA rural electrification ...
Trade of Non-Solar RECs Jumps in November As RPO Deadline Nears
The trade in non-solar renewable energy certificates (RECs) witnessed a steep hike in November 2017, with a total of 2,207,622 of non-solar RECs sold. This is 353 percent higher than ...
Newly Launched National Power Portal Provides a Hub for Indian Power Sector
The National Power Portal (NPP) – a centralized hub for the collation and dissemination of information on the Indian power sector – has been launched. The portal can be accessed ...
Non-Solar REC Trading on the Rise
Trading activity in non-solar renewable energy certificates (RECs) is on the rise in India. In the October REC trading session, a total of 4,87,105 non-solar RECs were sold. This is ...
Solar Power Packs to Electrify Remote Areas Under a New Government Program
The Prime Minister, Shri Narendra Modi, has launched a new program called Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) to electrify all willing households in the country in rural ...
K. N. Sreevatsa of ABB Says Anti-Dumping Duty Should Be Levied on Inverters Imported to India
Mercom India interviewed K. N. Sreevatsa, Vice President and Head - Business Unit Power Conversion at ABB Limited, to get his views on the state of the solar inverter market ...
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 ...
