REConnect Newsletter Volume 37 – OPEN ACCESS
We are pleased to present the?37th?Volume?of?“OPEN?ACCESS”?- our monthly newsletter on REC Mechanism.? The present?volume?covers analysis on following main topics: ? Recent steps taken by Tamil Nadu, Maharashtra & Delhi towards small scale solar projects.? MERC order on solar RPO for Tata Power Company -
REC Trade Report – December 2013
December 2013 marks the end of Q3 for FY14. Overall the results have sustained optimism as compared to the preceding trading month. With last three months still remaining in this year and chances of higher buyer-side participation in the subsequent
MERC waives solar RPO targets for Tata Power Company – Distribution
The electricity regulator of Maharashtra through an order dated 20th Dec’13 has extended some relief to Tata Power Company (TPC) - Distribution. MERC has relaxed the solar RPO targets as stipulated under relevant RPO regulations for three consecutive fiscals. TPC
DISCOMs not to be fastened with purchase obligation from conventional co-gen plants : APTEL
A full bench of the tribunal on 2nd Dec’13, pronounced a landmark judgment on the issue of fastening of purchase obligation on DISCOMs, for power procurement from fossil-fuel based co-generation (co-gen) units.?The petitioner (Lloyds Metal & Energy Ltd) had filed
Financial Restructuring plan for DISCOMs almost ready
The readiness of Financial Restructuring Plans (FRP) in some states is heralding good times ahead for present cash-strapped distribution companies. Distribution companies of Rajasthan, Uttar Pradesh and Tamil Nadu have proactively finalized the process and have already issued bond to lenders,
CERC may soon be answerable to Parliament
The government of India has recently proposed to extend autonomous power to infrastructure regulators of the ?nation. Infrastructure regulators such as TRAI and CERC will have to now be answerable to Parliament. The regulators of electricity, post, airports, highways will
Kerala finalizes its Solar Energy Policy 2013
Kerala is the latest state to ?join the league of states (TN,AP,Gujarat,MP, Rajasthan) which have final state solar energy policies in place. On 25th Nov 2013, the state finalized its state solar policy. The following are the highlights of the
Financial assistance for small hydro power projects
According to a recent ?release (Release no.101304)?in press information bureau of India, the Hon'ble minister for new and renewable energy has produced in a written note to Lok Sabha, that financial assistance will be provided to states from GoI to