IEX’s Green Term-Ahead Market Trades 24 Million Units of Solar Power in January
The Indian Energy Exchange (IEX) announced that its real-time electricity market (RTM) witnessed a trading volume of 1,233 million units (MU) in January 2021, a 9.2% monthly increase. This was ...
DISCOMs Now Have Hydropower Purchase Obligation in Their RPO Targets
The Ministry of Power (MoP) has issued a notification specifying renewable purchase obligation (RPO) targets, including large hydropower projects commissioned after March 08, 2019. On March 08, 2019, the government ...
West Bengal Mandates Gross Metering for Rooftop Solar Systems Above 5 kW
The West Bengal Electricity Regulatory Commission (WBERC) has issued amendments to the Cogeneration and Electricity Generation from Renewable Sources Regulations 2013. A significant amendment is the mandate of a gross ...
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 ...
REC Trading Expected to Resume from November 25th
Power exchanges may resume trading renewable energy certificates (REC) on November 25, 2020, after a four-month halt following a stay order by the Appellate Tribunal for Electricity (APTEL) back in ...
Maharashtra Pushes For Open Tenders for its Solar Program
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company Limited (MSEDCL) to file a modified request for selection (RfS) for floating open tenders under the ...
Rajasthan Regulator Says DISCOMs Not to be Blamed for Failure to Meet RPO Targets
The Rajasthan Electricity Regulatory Commission (RERC) ruled in favor of the state distribution companies (DISCOMs) in a petition demanding action against them for not achieving their renewable purchase obligation (RPO) ...
Maharashtra Sets Tariffs to Procure Wind Energy from Projects with Expired EPAs
The Maharashtra Electricity Regulatory Commission (MERC) has approved the energy purchase agreement (EPA) for wind projects with expired EPAs. The agreements were signed between Maharashtra State Electricity Distribution Company Limited ...
Joint Electricity Regulatory Commission’s RPO Review for Goa & Union Territories
The Joint Electricity Regulatory Commission (JERC) has reviewed renewable purchase obligation (RPO) targets for FY 2019-20 based on the submitted data from its jurisdiction region. The analysis shows that except ...
Haryana DISCOM to Purchase 10 MW of Solar Energy on Short-Term Basis at ₹2.70/kWh
The Haryana Electricity Regulatory Commission (HERC) approved a draft power purchase agreement by Haryana Power Purchase Center's (HPPC). The draft PPA was to be executed with LR Energy for 10 ...
Maharashtra Regulator Relaxes RPO Target for Captive Power Projects
The Maharashtra Electricity Regulatory Commission (MERC) has ruled in favor of the Captive Power Producers Association seeking relief under the Commission's renewable purchase obligation (RPO) regulations for projects commissioned before ...
Haryana Regulator Asks 50 MW Captive Open Access Solar Project to Supply Power to DISCOM
The Haryana Electricity Regulatory Commission (HERC) has approved the Haryana Power Purchase Center’s (HPPC) draft power purchase agreement (PPA) with Amplus Sun Solutions Private Limited. The PPA was signed for ...
Buyers Lap Up Solar and Green Power from Indian Energy Exchange’s New Trading Platform
Solar power is trading at premiums ranging between ₹0.40 (~$ 0.0054)/kWh and ₹0.60 (~$0.0082)/kWh on the Indian Energy Exchange’s (IEX) recently launched renewable energy platform, an executive told Mercom. “IEX ...
Power from Fossil Fuel-Based Cogeneration Projects Not Considered for RPO Compliance
The West Bengal Electricity Regulatory Commission (WBERC) said that any power purchased from fossil fuel cogeneration projects would not be counted for renewable purchase obligation (RPO) compliance. However, the regulatory ...
Gujarat Commission Directs Distribution Licensee to Comply with Solar RPO Target
The Gujarat Electricity Regulatory Commission (GERC), in a recent ruling, directed MPSEZ Utilities Private Limited (MUPL) to make up for the shortfall of 1.441 MUs in solar RPO within the ...
MERC Examines if Fossil Fuel-Based Cogeneration Projects Can be Exempt from RPO
The Maharashtra Electricity Regulatory Commission (MERC) dismissed JSW Steel Limited’s plea seeking exemption from the requirement to meet its renewable purchase (RPO) targets to the extent of its consumption from ...
Maharashtra Commission Clarifies RPO for Energy Procured from Cogeneration Projects
The Maharashtra Electricity Regulatory Commission (MERC) has directed the Oil and Natural Gas Corporation (ONGC) to comply with its renewable purchase obligation (RPO) target of 9% as per state regulations ...
Karnataka Announces Another Three-Month Extension for FY 2020 RPO Targets
The Karnataka Electricity Regulatory Commission (KERC) has granted another three-month extension to obligated entities for fulfilling their renewable purchase obligations (RPOs) for the financial year 2020. The Commission stated that ...
CERC Approves Introduction of Green Term-Ahead Market Contracts on IEX
The Central Electricity Regulatory Commission (CERC) has approved the introduction of the 'Green Term-Ahead Market' (GTAM) contracts on the Indian Energy Exchange (IEX), adding that it would provide an avenue ...
As Government Shifts Focus to Solar Manufacturing, RPO Enforcement Becomes More Critical
India's push towards transforming the energy sector began a decade ago with the formulation of the National Solar Mission. To enforce policies for renewable energy expansion and create demand, the ...
Adoption of Solar Through Open Access: Roadblocks and the Road Ahead
In the Indian power sector, open access means a mechanism in which large consumers have access to the transmission and distribution network so that they are free to obtain power ...
Himachal Pradesh Issues Order on RPO Targets and Open Access Charges
The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued an order for distribution companies (DISCOMs) in the state regarding their renewable purchase obligation (RPO) backlogs up to the financial year ...
Bihar Commission Allows DISCOMs to Carry RPO Shortfall to Next Year
The Bihar Electricity Regulatory Commission (BERC) has approved the request of the Bihar State Power Holding Company Limited (BSPHCL) to carry forward the shortfall in its renewable purchase obligation (RPO) ...
Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices
The Supreme Court of India has dismissed an appeal by the Green Energy Association (GEA) seeking a stay order on the Central Electricity Regulatory Commission’s (CERC) order to reduce the ...
Bihar Adopts Tariffs of ₹2.6/kWh and ₹2.44/kWh for 450 MW of Solar Power
The Bihar Electricity Regulatory Commission (BERC) has adopted tariffs of ₹2.60 (~$0.035)/kWh and ₹2.44 (~$0.03)/kWh to procure 300 MW and 150 MW of solar power from NTPC and the Solar ...
