RECs piled up till March-end due to a halt in trading The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry […]
We conclude that the directions given in regard to the removal of exit option and removal of capping of wheeling charges are valid and justified, within the jurisdictional competence of the State Commission, the contours of the power purchase agreement between the parties, other than those concerning tariff having crystalised by earlier order dated […]
APTEL Says Banking Energy for Wind Power Projects Will Continue For more information please see below link: For the foregoing reasons, we find the impugned order, to the extent challenged, to be suffering from the vices of being shorn of reasons, arbitrary, capricious, unjust and inequitable. We, therefore, set aside and vacate the directions of […]
Miscellaneous Application 54 of 2020 filed by Adani Power Maharashtra Limited for issuing consequential Orders as per APTEL Judgment dated 28 September 2020 in Appeal No 155 of 2019 & Appeal No 116 of 2019 & IA No. 505 of 2019 For more information please see below link: Miscellaneous Application 53 of 2020 filed by […]
Appellate tribunal for Electricity(ApTEL) in a recent order have directed the Central Agency to revoke the balance disputed RECs issued and unsold for the Financial year 2018-19 to APSPDCL and cancel/revoke the registration according to CERC REC regulations 2010. ApTEL also added that the Certificates which are sold by the APSPDCL need not to […]