The Central Electricity Regulator Will Not Hear Any Petitions in September

The Central Electricity Regulator Will Not Hear Any Petitions in September

In a significant development, the Supreme Court of India has asked two Central Electricity Regulatory Commission (CERC) members to go on leave until the Commission appoints a member of law ...
/ / Grid, Market & Policy
Solar Group Seeks Exemption for Developers from Entry Tax in Telangana

Solar Group Seeks Exemption for Developers from Entry Tax in Telangana

The National Solar Energy Federation of India (NSEFI) appealed to the Telangana government to exempt solar developers from payment of ‘entry tax’ on notified goods imported to the state. The ...
/ / Markets & Policy, Solar
Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices

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 ...
Supreme Court_ No Hearing of Petitions and No New Petitions Can be Filed Due to Covid-19

Supreme Court: No Hearing of Petitions and No New Petitions Can be Filed Due to Covid-19

The Supreme Court of India has indefinitely extended the period of limitation on filing petitions, applications, suits, appeals, and other proceedings at courts and tribunals across the country in light ...
Supreme Court Asks Nitin Gadkari to Explain Government’s Position on Electric Mobility

Supreme Court Asks Nitin Gadkari to Explain Government’s Position on Electric Mobility

The Supreme Court has requested the Union Transport Minister Nitin Gadkari to appear before it to discuss the proposal of the gradual transition of fossil-fuel-based vehicles on the roads to ...
/ / Electric Vehicles, Grid
Solar REC Trading Declines Significantly in October 2018

CERC Extends Validity of RECs Due to Expire between April and October 2019

Providing relief to renewable energy generators of both solar and non-solar projects who are a part of the renewable energy certificate (REC) mechanism, the Central Electricity Regulatory Commission (CERC) has ...
Hero Future, Vikram Solar and ACME go to Court Opposing Safeguard Duty Imposed by DGTR

Renewable Energy Generators Approach Delhi High Court over Levy of GST on RECs

After paying GST of 12% on renewable energy certificates (RECs), renewable energy project developers who are part of the REC mechanism have approached the Delhi High Court to provide relief ...
/ / Other, Renewable Energy
Supreme Court

What Does Supreme Court’s Order Quashing RBI’s NPA Circular Mean for the Solar Sector

Recently, the Supreme Court of India ordered the quashing of a circular issued by the Reserve Bank of India on non-performing assets (NPAs). According to a PTI report, “The Supreme ...
Indian Solar Exports to the US to Incur 25% Safeguard Duty From June 5

Government Asks Custom Authorities to Begin Collection of 25% Solar Safeguard Duty

Just a few days after the Supreme Court put aside the stay order on safeguard duty by the Orissa High Court, the Ministry of Finance has now issued an instruction ...
/ / Markets & Policy, Solar
Supreme Court Allows Government to Levy 25% Safeguard Duty on Solar Imports

Supreme Court Allows Government to Levy 25% Safeguard Duty on Solar Imports

India will soon begin with the imposition of safeguard duty on solar cells and modules which had been put on hold by the government. In a significant order, the Supreme ...
/ / Markets & Policy, Solar
Non-Solar RECs Issued on or After April 1, 2017 to be Sold at Floor Price of ₹1,000

Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000

Non-solar renewable energy certificates (RECs) issued on or after April 1, 2017, will be sold at a floor price of ₹1,000 (~$14.809)/REC, the Supreme Court has ruled. The court had ...
Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided

Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided

The solar REC trading in the country was stalled for the past one year. In April 2018, both, solar and non-solar renewable energy certificates (REC) were traded for the first ...
/ / Markets & Policy, Solar
CERC Gives its Go-Ahead to Solar and Non-Solar REC Trading

CERC Gives its Go-Ahead to Solar and Non-Solar REC Trading

The Central Electricity Regulatory Commission (CERC) has given its go-ahead for the trade of solar and non-solar Renewable Energy Certificates (RECs) in the country. The new order comes after the ...
/ / Other, Renewable Energy
CERC Dismisses Adani Green’s Petition Against Power Grid Corporation

ReNew Power Fined for Project Commissioning Delay but PPA Not Terminated

The Supreme Court of India has asked renewable energy project developer ReNew Power to pay a penalty of ₹119 million (~$1,827,700) to the Madhya Pradesh Power Management Company Limited (MPPMCL) ...
/ / Markets & Policy, Solar
Green Energy Association to Appeal APTEL REC Order to the Supreme Court

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, ...
/ / Other, Renewable Energy
What Does Supreme Court’s Order Quashing RBI’s NPA Circular Mean for the Solar Sector

Supreme Court Rescinds GERC Order to Extend the Control Period of a 20 MW Solar Project

The Supreme Court of India has passed an order that rescinds an earlier order by the Gujarat Electricity Regulatory Commission (GERC) that extended the control period of a solar project ...
/ / Markets & Policy, Solar
Non-Solar REC Trading on the Rise

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 ...
/ / Other, Renewable Energy
Supreme Court

Supreme Court Extends the Validity of Solar and Non-Solar RECs to March 31, 2018

The Supreme Court has extended the validity of solar and non-solar Renewable Energy Certificates (REC) that were due to expire between April 1, 2017, and March 31, 2018, up to ...
/ / Markets & Policy, Solar
Non Solar REC Trading Wind IEX PXIL Aug 2017

Sale of Non-Solar RECs Decline

With obligated entities required to pay the old renewable energy certificate (REC) rate of ₹1,500/REC,  the total number of non-solar RECs sold in August 2017 was 2,89,505, 42 percent lower ...
/ / Other, Renewable Energy