RECs Trading to Resume on Nov 25, After 4 Month Break Updated On Mon, Nov 2nd, 2020 by Saurenergy APTEL has concluded all its hearings on the REC pricing issue, and the trading of RECs is likely to resume after a gap of four months on November 25. Now that the Appellate Tribunal for Electricity (APTEL) has concluded all its hearings on the REC pricing issue, and is probably on the verge of issuing […] Read more
MERC Gives Captive Power Producers Until March 2021 to Fulfill RPO Obligations Updated On Thu, Oct 8th, 2020 by Saurenergy In a further concession to Captive Power producers (CPP)in the state, the Maharashtra Electricity Regulatory Commission has allowed fossil fuel-based captive power producers and Open Access consumers until March 2021 to fulfill their renewable purchase obligations (RPO). Taking into account the massive impact of the Covid lockdown on industries in the state and their markets […] Read more
GUVNL Tenders for Procuring 500 MW Solar Power Updated On Wed, Sep 30th, 2020 by Saurenergy GUVNL has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a tender, inviting bids from eligible projects and project developers for the purchase of 500 MW of solar power through competitive bidding. The solar […] Read more
RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy Updated On Wed, Sep 2nd, 2020 by Saurenergy As a first step towards greening the Indian short term power market, RK Singh has launched pan-India Green Term Ahead Market (GTAM) in electricity. As a first step towards greening the Indian short term power market, Union Minister of State (IC) Power and New & Renewable Energy, RK Singh has launched pan-India Green Term Ahead […] Read more
Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC Updated On Tue, Sep 1st, 2020 by Saurenergy In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […] Read more
RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh Updated On Sat, Aug 29th, 2020 by Saurenergy Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […] Read more
IEX Launches GTAM Updated On Wed, Aug 19th, 2020 by Saurenergy CERC has Accorded Approval The Indian Energy Exchange (IEX) launched the Green Term-Ahead Market (GTAM) on its power trading platform after receiving approval from the Central Electricity Regulatory Commission (CERC). CERC accorded its approval through an order dated August 17, 2020. The IEX had filed a petition with the CERC regarding the same in 2018; […] Read more
MERC Approves Tariff of Rs.2.59/kWh for a Hybrid Project Updated On Tue, Aug 18th, 2020 by Saurenergy TPC-D had approached the commission seeking tariff approval The Maharashtra Electricity Regulatory Commission (MERC) at the behest of Tata Power Company Limited (Distribution) (TPC-D) has approved the tariff of Rs.2.59/kWh for evacuation of power from a wind+solar hybrid renewable energy project of capacity 225 MW. The project will be set up in parts in Rajasthan […] Read more
GERC to Amend RPO Regulations Updated On Tue, Aug 4th, 2020 by Saurenergy Changes to (Procurement of Energy from Renewable Sources) (Third Amendment) Regulations Have Been Proposed The Gujarat Electricity Regulatory Commission (GERC) has proposed changes to regulations regarding procurement of energy from renewable energy generating sources; these will be the “Third Amendments in the GERC (Procurement of Energy from Renewable Sources) Regulations, 2010”. In the GERC proposal, […] Read more