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By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]
The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the IEX, mainly due to ample supply. The average spot power price fell by 3 percent to Rs 2.69 per unit in September as compared to the year-ago period on the Indian Energy Exchange (IEX) mainly due to ample supply. The electricity […]
The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […]
The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […]
On August 20th, three days after the launch of India’s first ever Green Term-Ahead Market (GTAM) at the Indian Energy Exchange (IEX), Amplus Solar sold solar electricity on the exchange, becoming the first solar generator to trade on GTAM. IEX had launched the GTAM on its power trading platform after receiving approval from the CERC […]
SECI’s trading margin of Rs.0.07/kWh has also been approved The Central Electricity Regulatory Commission (CERC) has approved a petition filed by the Solar Energy Corporation of India (SECI) for approval of power purchase agreement (PPA) tariff and SECI’s trading margin for sale of power from 480 MW grid-connected solar PV projects. The power will be […]
CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […]
No REC trading sessions held in July The Appellate Tribunal for Electricity (APTEL) has deferred the renewable energy certificate (REC) trading by a time period of four weeks. July 2020, REC trading session on both the Indian power exchanges, the PXIL and IEX, has been postponed by four weeks due to an APTEL order on […]
The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]
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