recs

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Green Energy Trade at IEX Continues to Dip, 189 MU Traded in November

The Indian Energy Exchange (IEX) traded 189 million units (MU) of green energy during November 2023, a 46.61% year-over-year (YoY) drop from 354 MU. Green energy trade...

December 5, 2023

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Satish Shetty

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Other

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Renewable Energy
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Renewable Trading on IEX Declined by 49% YoY in September 2023

The Indian Energy Exchange (IEX) traded 230 million units (MU) of renewable energy in September 2023, a year-over-year (YoY) decline of 49.3% from 454 MU and a 5% drop...

October 5, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Maharashtra Proposes Amendments to RPO Compliance Regulations

The Maharashtra Electricity Regulatory Commission (MERC) has proposed amendments to the  Renewable Purchase Obligation (RPO), its Compliance and Implementation of...

August 17, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Renewable Energy Trading Dips 53% YoY at the IEX in July 2023

The Indian Energy Exchange (IEX) traded 275 million units (MU) of renewable energy in July 2023, a year-over-year (YoY) decline of 53.3% from 589 MU and marginally...

August 7, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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IEX Trades 358 MU of Green Energy in May 2023, a 44% YoY Drop

The Indian Energy Exchange (IEX) traded 358 million units (MU) of renewable energy during May 2023, a 28% increase from 280 MU traded in April and a 44% year-over-year...

June 6, 2023

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Satish Shetty

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Other

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Renewable Energy
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Apex Court Denies Wind Developers’ Claim for Higher Tariff from Gujarat

The Supreme Court of India recently set aside the Appellate Tribunal for Electricity (APTEL) and State Commission orders that allowed wind developers to claim higher...

April 19, 2023

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Rakesh Ranjan

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Other

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Wind
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Daily News Wrap-Up: POWERGRID Board Approves Raising ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 28, 2023

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Mercom Staff

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Daily Wrap-up
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Madhya Pradesh Invites Bids for the Purchase of 97,000 RECs

Madhya Pradesh Industrial Development Corporation (MPIDC), Indore, has invited bids for the purchase of 97,000 renewable energy certificates (RECs) through power...

March 27, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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CERC Allows Renewable Generator to Receive RECs Despite Compliance Delays

The Central Electricity Regulatory Commission (CERC) allowed a renewable power generator to receive renewable energy certificates (RECs) despite a delay in the...

January 4, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Food Company JBS to Issue International Renewable Energy Certificates

JBS, a Brazil-based meat processing company, announced that its 45 MW thermoelectric project in the city of São Paulo has qualified to issue International Renewable...

January 2, 2023

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Satish Shetty

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C&I

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Other

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Renewable Energy
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Andhra Regulator Approves Renewable Energy Certificates Purchase by DISCOM

The Andhra Pradesh Electricity Regulatory Commission (APERC) recently ruled that the state distribution company (DISCOM) was entitled to procure renewable energy...

December 8, 2022

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Rakesh Ranjan

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Grid

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Market & Policy

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Other

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Renewable Energy
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Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded...

September 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Captive Power Generator Directed to Purchase RECs to Meet RPO Targets

The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently directed a captive power generator to provide details of the energy that had been procured through...

August 17, 2022

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Rakesh Ranjan

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Markets & Policy

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Solar
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Renewable Power Purchase Obligation Targets Set for Jammu & Kashmir and Ladakh

The Joint Electricity and Regulatory Commission (JERC) has notified the ‘Renewable Purchase Obligation (RPO), its Compliance and REC framework Implementation Regulations,...

July 8, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Renewable Energy Trading on IEX Declines by 16.5% MoM in June

The Indian Energy Exchange (IEX) traded 536 million units (MU) of renewable energy in June 2022, a 16.5% decrease month-over-month (MoM) compared to 642 MU traded in the...

July 6, 2022

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Rakesh Ranjan

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Other

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Renewable Energy

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