With LPS Rules, Significant Improvement in Payment of Outstanding Dues from DISCOMs to GENCOs Updated On Wed, Nov 30th, 2022 by Saurenergy The outstanding dues of DISCOMs to GENCOs have been a matter of concern for quite some time now. As of June 2022, these dues stood at Rs 1.32 lakh- a 4 per cent YoY increase. As of August 2022, a large number of state DISCOMs including Maharashtra, Tamil Nadu, Telangana, Andhra Pradesh, Uttar Pradesh, Jammu […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
CERC Retains Price Caps On Energy Trading Updated On Thu, Oct 6th, 2022 by Saurenergy The CERC (Central Electricity Regulatory Commission), which regulates the power exchanges across the country among its other responsibilities, in an order on September 29, has extended the price caps it had placed on power trading by a further 3 months. The cap of Rs 12 per unit, that was first imposed when shortages drove up […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues Updated On Fri, Aug 19th, 2022 by Saurenergy According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […] Read more
HPX Crosses 100 MUs Of Traded Power In Month 1 Updated On Thu, Jul 21st, 2022 by Saurenergy The newly launched Hindustan Power Exchange Ltd. (HPX), that commenced operations on July 6, has made a bright start with the exchange claiming a 37% market share of the ‘contingency trading’ market within a fortnite of its launch. Promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, it crossed the100 MUs mark on […] Read more
Hindustan Power Exchange Commences Operations Updated On Wed, Jul 6th, 2022 by Saurenergy India formally welcomed it’s third power exchange on June 6, as Hindustan Power Exchange Ltd. (HPX), promoted by PTC India Ltd, Bombay Stock Exchange, and ICICI Bank, commenced operations after receiving all necessary approvals from Central Electricity Regulatory Commission. Backed by the latest technology and a series of innovative features, the exchange promises to offer […] Read more
Preparing For Next Power Crisis, Section11 Of The Electricity Act Invoked Updated On Tue, Jul 5th, 2022 by Saurenergy The government has permitted imported coal-based power plants to sell any surplus electricity to other states. The emergency provision that was used in May of this year (2022) to get non-operational imported coal-based facilities to start generating electricity in the face of a substantial increase in demand has been clarified by the power ministry. If […] Read more
Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
