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Indias monthly non solar REC issuance crossed 1 million for the first time with 1.71 million RECs majorly attributed to the UP sugar cogen projects pending issuance On the other hand, solar issuance this month decreased by 32% to 24,370 RECs Non Solar demand increased by 74% leading to 12% clearance (11.5% on PXIL and 12.5% on IEX) Total both exchanges traded 6,69,746 RECs with 55,07,742 RECs carried forward Market value increased by 69% to INR 109.06 Cr - Crossing the billion rupees mark
Non Participation almost tripled after consistent decrease in non participation since last 4 trading sessions with a total of 5,50,084 RECs not participating in this session Price Price on IEX and PXIL remained at floor level, i.e. INR 1,500.
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Price The Solar RECs continued to be traded at floor price i.e. INR 9,300.
Overall the untraded 49,56,666 (solar & non solar) plus non participant 5,51,076 i.e. a total of 55,07,742 RECs will be carried forward to the next trade session on 30th April 2014.
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carried forward from FY 2010-11 to FY 2012-13 is cumulatively 35.36 MU. The Commission has directed TPC-D to fulfill its solar RPO target for FY 2010-11 to FY 201213 on a cumulative basis by FY 2015-16. BEST: The Commission had already relaxed the solar RPO targets for BEST for FY 201011 and FY 2011-12 and directed BEST to fulfill its solar RPO target on a cumulative basis by FY 2015-16. The total solar and non-solar RPOs carried forward from FY 2010-11 to FY 2012-13 into FY 2013-14 are 36.53 MU and 4.23 MU, respectively. The Commission has decided that no RPO regulatory charges will be applicable on BEST for non fulfillment of RPO targets for non-solar segment during FY 2010-11, FY 2011-12 and FY 2012-13 provided that the same shall be fulfilled on cumulative basis in addition to the RPO target for FY 2013-14 before 31 March, 2014.
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4. The open access consumer will be entitled to seek open access for sourcing 100 % power generated from a wind power project. Open access permission shall not be granted to avail power from a wind power project in part or on percentage basis 5. Open Access application for sourcing power from more than one/multiple generating companies will not be processed. 6. The open access consumer shall declare in advance if he is applying for/already availing/enjoying Open access permission to source power from any other source or any other generation company. Open Access permission to source wind energy in addition to existing permission will not be granted to the consumer. 7. SEM (ABT meters) must be installed at both the ends - generator & consumer.
National Solar Mission generated 252.5 MW against the target of 1100 MW in 2010-13
Three years after Prime Minister Manmohan Singh announced an ambitious plan to generate 20,000 MW of solar power by 2022 under the Jawaharlal Nehru National Solar Mission, the programme is yet to take off in a meaningful way and remains far behind target. Marred with delays, trade disputes and competition from state-level schemes, the central programme could so far contribute just one-third to the India's total solar capacity. The first phase of the solar mission from 2010 to 2013 added just 252.5 MW of solar power generation capacity against the targeted 1100 MW. In the second phase started in 2014, a year later than planned, the government aims to add 10,000 MW solar energy capacity by 2017, under both photovoltaic (PV) and concentrated solar power (CSP) or solar thermal technology.
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can supply it to the State grid. Such people will be given a good price for the power they sold to the grid, he said. The proposed policy will be placed before the Cabinet soon.
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