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REC Subsidiary RECPDCL Hands Over 2 SPVs to Power Grid

The selection of Power Grid Corporation was carried out through Tariff Based Competitive Bidding (TBCB) for selection of Transmission Developers. New Delhi: REC Power Distribution Company Limited (RECPDCL), a wholly owned subsidiary of REC Limited under Ministry of Power, has handed over two projects specific Special Purpose Vehicles (SPVs) ‘Fatehgarh Bhadla Transco Limited’ & ‘Sikar […]

Inox Clean Energy Revives Mega IPO Ambition with $1 Billion Target Amid Renewable Sector Momentum – EQ

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). […]

Shri Narendra Bhooshan Highlights Uttar Pradesh’s Renewable Energy Transformation at the 18th Civil Services Day Session – 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 […]

Petition of the CERC (Conduct of Business) Regulations for NRSS XXIX Transmission Ltd – 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) […]

Inox Clean Energy Revives Mega IPO Ambition with $1 Billion Target Amid Renewable Sector Momentum – EQ