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Renewable Energy Certificates

CERC Notifies Draft Regulations 2022 for Issuance of RECs

The Central Electricity Regulatory Commission (CERC) has notified Draft Regulations, 2022, for the issuance of renewable energy certificates (RECs), which are aimed at developing the renewable power market. CERC has invited comments, suggestions, and objections from the relevant stakeholders and interested persons with respect to the Draft Regulations. The responses are to be sent on […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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IEX December Updates- Drop in Green Market, REC Volumes

The Indian Energy Exchange (IEX) has released its December trade figures. 9035 MU (Million Units) volume was cleared in December’21 (9477 MU in November) comprising 7285 MU in the conventional power market; 365 MU in the green power market and 1385 MU (13.85 lac Certificates) in the REC Market. Overall, the Exchange achieved 24% YoY […]

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PXIL launches Its Own I-DAS For Combining RE and Conventional Power Trading

India’s 1st institutionally promoted power exchange, Power Exchange India Ltd (PXIL) has launched the Integrated Day Ahead Spot market (called I-DAS), a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. I-DAS offers market participants the convenience of submitting orders for transacting in RE as well as Conventional power in the same […]

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CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs

In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in  the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […]

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IEX Announces Resumption of REC Trading From Nov 24

The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […]

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Taiwanese Firm Delta Selected for DJSI “World Index” for 11th Yr in a Row

Taiwanese electronics manufacturing company Delta Electronics has been selected for the DJSI World for the eleventh consecutive year and the DJSI-Emerging Markets for the ninth consecutive year in the evaluation of the 2021 Dow Jones Sustainability Indices (DJSI), an indicator of global corporate competitiveness, said the firm in its latest statement. “This year, Delta achieved […]

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