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Over Rs 9,000 Crore Worth of Renewable Energy Certificates Sold in India to Date: Report

The study said that as many as 99 per cent of all RECs sold have served to fulfill RPO requirements New Delhi: India’s renewable energy certificate (REC) market has recorded net sales worth Rs 9,266 crore during its decade of existence, according to a study released on Thursday by the CEEW-Centre for Energy Finance (CEEW-CEF). […]

Operational Guidelines for Implementation of Component ‘Incentives to Discoms’ under PM-Surya Ghar Muft Bijli Yojana – EQ

KERC Notifies Provisional APPC Rate for FY 2021-22

Karnataka Electricity Regulatory commission(KERC) recently announced the Average Pooled Power Purchase Cost(APPC) for the FY 2021-22. In accordance with the KERC (Procurement of energy from renewable sources) regulation, 2011, KERC notifies the APPC at INR 4.17/unit for the financial year 2021-22 with effect from 01.04.2021 for the purpose of renewable energy certificate(REC). In accordance with […]

Determination of Intra-State Transmission Tariff and other related charges for FY 2024-25 – EQ

Green certificates trading shrinks to 920,000, 6 mn inventory piles up

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 […]

Role of prosumers in renewable energy adoption in India – EQ

Discoms’ outstanding dues to power gencos rise nearly 17pc in Feb

Power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. New Delhi: Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. Distribution companies (discoms) […]

Budget 2024 must further India’s clean energy goals. Climate change is an economic problem – EQ

REC, PFC sign pact to finance hydropower project in Bhutan

KHEL is a 50:50 joint venture between SJVN India and Druk Green Power Corporation (Bhutan) set up for developing the 600-MW Kholongchhu hydroelectric project in the eastern Bhutan, REC Ltd said in a statement on Wednesday. New Delhi: State-owned entities REC Ltd and Power Finance Corporation (PFC) have entered into a pact with Bhutan-based Kholongchhu […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Draft Order on Procurement of Solar power and Related issues

Draft Order on Procurement of Solar power and Related issues – Comments invited 1. In the current proposal also, Commission proposes to levy 50% of the charges applicable for conventional power in each of the charges i.e transmission, wheeling charges, scheduling and system operation charges. 2. In respect of the plants availing Renewable Energy Certificates […]

Determination of Intra-State Transmission Tariff and other related charges for FY 2024-25 – EQ