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IEX

Senior Consultant/ Manager – Power & Renewable Energy

We seek a highly motivated and experienced Senior Consultant/ Manager – Power in our New Delhi, India office to lead our work in energy markets.  We seek candidates who will help us grow ICF’s energy market business, building on our established team and leveraging ICF’s broad energy sector capabilities in power and fuels markets. The […]

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CERC nod for hydropower contracts in GTAM for HPO Compliance

In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […]

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Renewable Energy Certificates. Trading Resumes, But Much Needs To Be Done

Highlights: The market share of REC market had already shrunk to 9.2 lakh Renewable Energy Certificates (REC) in 2020-21, while 60.58 lakh RECs piled up till March end. As per CEEW-CEF analysis, as many as 5.1 million RECs have remained unsold due to poor RPO compliance across India, a demand shortfall of 7%. The Appellate […]

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Key APTEL Order Overturns CERC On REC Pricing

In an order that will have a major impact on the return of REC trading and pricing, the Appellate Tribunal For Electricity (APTEL) has set aside the order of the Central Electricity Regulatory Commission (CERC) with regards to pricing of REC’s. The root of the issue was the decision by CERC to set the floor […]

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Staff Engineer

The position of Staff Software Applications Architect reports to the Software Engineering Manager with the architectural responsibility of leading a team of engineers creating desktop and hybrid applications in order to translate Sciex’s strategic vision into technical reality. You will be called upon to work collaboratively with our business partners, co Architects, Product Managers/Owners, to […]

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Power Minister R.K. Singh Kicks Off GDAM Market In India

R K Singh, Union Minister of Power & New and Renewable Energy, launched the new market segment, Green Day Ahead Market (GDAM) on October 25. The start of this market, combined with free ISTS for renewable energy projects and Open access permissions within 15 days should be a paradigm shift for the market, according to […]

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Power Trading Gets a Fillip With SC Judgement On CERC, SEBI Jurisdiction On Electricity Contracts

A key power sector reform which was held up due to the jurisdiction issues between SEBI and CERC has finally been resolved. On 06.10.2021, the long pending matter between SEBI and CERC regarding regulatory jurisdiction of Electricity Derivatives has finally got resolved with the Hon’ble Supreme Court favorably disposing of the matter in terms of […]

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