Following the announcement that the validty of the RECs would be extended beyond their present 365 day window, the Central Electricity Regulatory Commission (CERC) has now released a second set of (draft) amendments to their REC guidelines. These amendments – as can be seen from the draft documents published by CERC are more clarifications of […]
CERC proposes draft amendments to REC guidelines Read More »
REC trading for the month of March 2013 concluded early this week. It is important to note that March marks the end of the compliance year (2012-13) and this has had significant impact on the trading statistics seen this week. The trading data for the month is provided below. Non-Solar RECs As we hit the
REC Trading – March 2013 – Solar REC hits Forbearance Price Read More »
Karnataka is the latest state to release an RfP for allocation of projects totaling 130 MW. Karnataka follows Tamil Nadu, Andhra Pradesh, Rajasthan, Bihar and Odhisha in releasing an RfP. Unlike most of the recent tenders, Karnataka has not opted for L1 process for project allocation. Instead, it will be similar to the reverse bidding
Karnataka Solar – RfP for 130 MW released ; No L1 process Read More »
The lack of enthusiasm for REC trading has prompted the Central Electricity Regulatory Commission(CERC) to rethink the validity of the RECs, which is currently at 365 days. As the CERC put it,” It is noticed that non-solar REC prices have remained at floor price since September 2012 as supply of REC remains far in excess
CERC invites comments on extending the validity of RECs beyond 365 days Read More »
