RPO

GUVNL Tenders for Procuring 500 MW Solar Power

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 […]

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RK Singh Launches GTAM; Will Benefit Buyers of Renewable Energy

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 […]

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Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC

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. […]

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

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 […]

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IEX Launches GTAM

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; […]

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MERC Approves Tariff of Rs.2.59/kWh for a Hybrid Project

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 […]

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GERC to Amend RPO Regulations

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, […]

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Green Certificates Trading Mirrors Power Slowdown with 35% Drop

Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68  lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […]

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Now, Safeguard Duty Clarification From MNRE Awaits

An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […]

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