recs

thumbnail
Apex Court Denies Wind Developers’ Claim for Higher Tariff from Gujarat

The Supreme Court of India recently set aside the Appellate Tribunal for Electricity (APTEL) and State Commission orders that allowed wind developers to claim higher...

April 19, 2023

/

Rakesh Ranjan

/

Other

,

Wind
thumbnail
Daily News Wrap-Up: POWERGRID Board Approves Raising ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 28, 2023

/

Mercom India

/

Daily Wrap-up
thumbnail
Madhya Pradesh Invites Bids for the Purchase of 97,000 RECs

Madhya Pradesh Industrial Development Corporation (MPIDC), Indore, has invited bids for the purchase of 97,000 renewable energy certificates (RECs) through power...

March 27, 2023

/

Rakesh Ranjan

/

Solar

,

Tenders & Auctions
thumbnail
CERC Allows Renewable Generator to Receive RECs Despite Compliance Delays

The Central Electricity Regulatory Commission (CERC) allowed a renewable power generator to receive renewable energy certificates (RECs) despite a delay in the...

January 4, 2023

/

Rakesh Ranjan

/

Other

,

Renewable Energy
thumbnail
Food Company JBS to Issue International Renewable Energy Certificates

JBS, a Brazil-based meat processing company, announced that its 45 MW thermoelectric project in the city of São Paulo has qualified to issue International Renewable...

January 2, 2023

/

Satish Shetty

/

C&I

,

Other

,

Renewable Energy
thumbnail
Andhra Regulator Approves Renewable Energy Certificates Purchase by DISCOM

The Andhra Pradesh Electricity Regulatory Commission (APERC) recently ruled that the state distribution company (DISCOM) was entitled to procure renewable energy...

December 8, 2022

/

Rakesh Ranjan

/

Grid

,

Market & Policy

,

Other

,

Renewable Energy
thumbnail
Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded...

September 6, 2022

/

Rakesh Ranjan

/

Other

,

Renewable Energy
thumbnail
Captive Power Generator Directed to Purchase RECs to Meet RPO Targets

The Uttar Pradesh Electricity Regulatory Commission (UPERC) recently directed a captive power generator to provide details of the energy that had been procured through...

August 17, 2022

/

Rakesh Ranjan

/

Markets & Policy

,

Solar
thumbnail
Renewable Power Purchase Obligation Targets Set for Jammu & Kashmir and Ladakh

The Joint Electricity and Regulatory Commission (JERC) has notified the ‘Renewable Purchase Obligation (RPO), its Compliance and REC framework Implementation Regulations,...

July 8, 2022

/

Rakesh Ranjan

/

Other

,

Renewable Energy
thumbnail
Renewable Energy Trading on IEX Declines by 16.5% MoM in June

The Indian Energy Exchange (IEX) traded 536 million units (MU) of renewable energy in June 2022, a 16.5% decrease month-over-month (MoM) compared to 642 MU traded in the...

July 6, 2022

/

Rakesh Ranjan

/

Other

,

Renewable Energy
thumbnail
BHEL Invites Bids for Trading Renewable Energy Certificates at Power Exchanges

Bharat Heavy Electricals Limited (BHEL) has invited bids from traders to procure renewable energy certificates (RECs) from the National Load Despatch Center (NLDC) and...

June 2, 2022

/

Rakesh Ranjan

/

Solar

,

Tenders & Auctions
thumbnail
CERC Issues New Regulations to Boost Renewable Energy Certificates Trading

The Central Electricity Regulatory Commission (CERC) has issued ‘Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation Regulations, 2022....

May 16, 2022

/

Rakesh Ranjan

/

Markets & Policy

,

Solar
thumbnail
Tender Issued for Consultancy on Procuring Renewable Energy Certificates

Rashtriya Chemicals and Fertilizers Limited (RCF), a Government of India undertaking, has issued a notice inviting tender for consultancy services to facilitate...

February 7, 2022

/

Harsh Shukla

/

Solar

,

Tenders & Auctions
thumbnail
CERC Orders Renewable Energy Certificates to be Issued to a Captive Solar Project

The Central Electricity Regulatory Commission (CERC) issued an order favoring a captive solar power producer. It directed the National Load Dispatch Center (NLDC) to...

January 19, 2022

/

Harsh Shukla

/

Markets & Policy

,

Solar
thumbnail
CERC Allows Issue of Renewable Energy Certificates for Wind Energy Injected in FY 2015-16

The Central Electricity Regulatory Commission (CERC), in a recent order, relaxed the timeframe to apply for the issuance of the Renewable Energy Certificates (RECs) to a...

December 9, 2021

/

Rakesh Ranjan

/

Other

,

Wind

1

2

3

...

3