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Bihar Invites Bids for 10 MW Floating Solar Project on Durgawati Dam

Bihar State Power Generation Company (BSPGCL) has invited bids to set up a 10 MW grid-connected floating solar project under the renewable energy service company model...

March 27, 2024

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Staff

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Tenders & Auctions
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IEX Trades 298 MU Green Energy in February, REC Volume Falls 60% MoM

The Indian Energy Exchange (IEX) traded 298 million units (MU) of green energy during February 2024, a 12.61% year-over-year (YoY) drop from 341 MU. The green energy...

March 7, 2024

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Satish Shetty

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Other

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Renewable Energy
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CERC to Run Market Coupling Shadow Pilot on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has authorized a shadow pilot on power systems and cost optimization through a market coupling of various segments...

February 20, 2024

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Satish Shetty

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Markets & Policy

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Renewable Energy
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Green Energy Trading Takes a Hit in 2023

Renewable energy trading at the Indian Energy Exchange (IEX) in 2023 so far has seen a considerable drop compared to 2022, with the traded energy reaching its lowest in...

November 27, 2023

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Satish Shetty

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Mercom Research Focus

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Other

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Renewable Energy
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CERC Approves Introduction of Ancillary Services Segment on Power Exchanges

The Central Electricity Regulatory Commission (CERC) has approved the introduction of the Tertiary Reserve Ancillary Services (TRAS) market segment on all three power...

May 5, 2023

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Rakesh Ranjan

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Grid

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Market & Policy
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TUSCO Invites Bids from Consultants for Floating Solar Projects

TUSCO, a joint venture (JV) between THDC India and Uttar Pradesh New and Renewable Development Agency (UPNEDA), has invited bids to appoint a consultant to prepare...

January 10, 2023

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Gourav Mishra

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Other

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Renewable Energy
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CERC to Evaluate Pricing Methodology in Power Exchanges, Invites Stakeholder Comments

The Central Electricity Regulatory Commission (CERC) has issued a discussion paper on pricing methodology in the power trading market in the wake of price spikes and...

October 14, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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CERC Orders Power Exchanges to Cap Market Clearing Price at ₹12/kWh

Central Electricity Regulatory Commission (CERC) directed the power exchanges to re-design their bidding software so that members can submit their buy bids at the...

April 8, 2022

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Arjun Joshi

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Grid

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Market & Policy
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Andhra Pradesh Issues Short-Term Power Procurement Regulations

The Andhra Pradesh Electricity Regulatory Commission (APERC), in order to simplify the short-term power procurement process, has issued the ‘Terms and Conditions...

February 14, 2022

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Rakesh Ranjan

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Grid

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Market & Policy
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Uttar Pradesh Sold the Highest Amount of Electricity in Day-Ahead Market in Q2 2021

Uttar Pradesh sold the highest amount of power in the day-ahead market (DAM) in the second quarter (Q2) of 2021, accounting for 13.9% of all power sold in the quarter,...

January 7, 2022

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Harsh Shukla

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Mercom Research Focus

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Other
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CERC Approves Introduction of Green Day Ahead Contracts on Energy Exchanges

The Central Electricity Regulatory Commission (CERC), in a recent order, approved the introduction of the Green Day Ahead Contract (GDAC) at the Indian Energy Exchange...

October 20, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Mumbai Municipality Issues Tender for a 100 MW Floating Solar-Hydropower Hybrid Project

The Municipal Corporation of Greater Mumbai (MCGM) has floated a tender to develop 100 MW of floating solar-hydropower hybrid power projects at the Middle Vaitarna Dam...

November 18, 2020

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Nithin Thomas

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Solar

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Tenders & Auctions
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Himachal Pradesh Amends its Regulation for Deviation Settlement Mechanism

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has finalized the amendments to its regulation on deviation settlement mechanism (DSM). The state...

July 4, 2019

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Saumy Prateek

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Grid

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Market & Policy
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Spot Power Price Continues to Soar Four Months in a Row, Hovers at ₹3.34/kWh in May 2019

In May 2019, the spot power price rose to ₹3.34 (~$0.048)/kWh, making it the fourth consecutive month in 2019 in which spot power price has continued its rise. In April...

June 13, 2019

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Saumy Prateek

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Demand Response

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Grid
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Spot Power Price Hovers at ₹3.22/kWh in April 2019, a 19% Dip YoY

The peak power demand in the country touched an all-time high of 176.8 GW in April 2019. According to the Indian Energy Exchange (IEX), the all India peak demand touched...

May 3, 2019

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Saumy Prateek

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Demand Response

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Grid

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