renewable-energy-certificate

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Low Wind Energy Generation Brings Green Energy Trade Volume at IEX Down 45%

The Indian Energy Exchange (IEX) recorded the lowest renewable energy units traded in 2023 at 242.3 million units (MU) in August 2023, a 44.6% year-over-year (YoY)...

September 8, 2023

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Satish Shetty

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Other

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Renewable Energy
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Ministry Proposes Rules to Promote Renewable Energy Open Access

The Ministry of Power (MoP) has issued the Draft Electricity (Promoting Renewable Energy Through Green Energy Open Access) Rules, 2021. The last date for submission of...

August 17, 2021

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Rahul Nair

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Other

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Renewable Energy
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Plea for Review of Tariff Determined for a Poultry Litter-Based Biogas Project Rejected

The Haryana Electricity Regulatory Commission (HERC), in a recent order, rejected the review petition filed by Haryana Power Purchase Center (HPPC), relating to the...

July 16, 2021

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Rakesh Ranjan

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Other

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Renewable Energy
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IEX’s Green Term-Ahead Market Trades Over 37 Million Units of Solar Power in February

The electricity market at Indian Energy Exchange (IEX) traded a volume of 6769 MU (million units) and registered a 50% year-on-year (YoY) growth in February 2021. The...

March 10, 2021

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Rahul Nair

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Finance and M&A

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Other
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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...

May 6, 2020

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Anjana Parikh

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Markets & Policy

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Solar
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CERC Proposes New Forbearance Price and Removal of Floor Prices for RECs

The Central Electricity Regulatory Commission (CERC) has issued a proposal for establishing forbearance and floor prices for renewable energy certificates (RECs). RECs...

April 6, 2020

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Anjana Parikh

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Other

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Renewable Energy
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Maharashtra DISCOM Does Not Want to be Penalized for Non-Compliance of RPOs

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has filed a petition before the Maharashtra Electricity Regulatory Commission (MERC) against its...

February 12, 2020

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Anjana Parikh

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Markets & Policy

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Solar
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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...

January 16, 2020

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Anjana Parikh

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Other

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Renewable Energy
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CERC Directs NLDC to Issue RECs to a 24 MW Hydro Project Overlooking Procedural Delay

In its latest order, the Central Electricity Regulatory Commission (CERC) has provided relief to a small hydropower developer by overlooking procedural delays allowing...

November 27, 2019

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Anjana Parikh

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Other

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Wind
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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...

August 2, 2019

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Anjana Parikh

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Other

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Renewable Energy

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