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Supreme Court allows Non Solar RECs Trading
- July 20, 2017
- Posted by: BiconAdmin
- Category: Ministry of Power - Policy
No CommentsAfter the Central Electricity Regulatory Commission’s (CERC) order dated 30th March 2017 on reduction of floor prices for RECs, many REC-generating companies had filed petitions stating that they had incurred a loss as vintage multiplier was not provided. The approach proposed for vintage multiplier considers providing multiplier to Solar PV projects by analyzing the difference
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CERC order on Determination of Fee and Charges
- May 25, 2017
- Posted by: BiconAdmin
- Categories: Energy Efficiency, Ministry of Power - Policy, PAT Updates
To give an initial boost to the trading of ESCerts, Central Electricity Regulatory Commission (CERC) has issued an amendment order in the matter of Determination of Fee and Charges payable under Regulation 12 of the Central Electricity Regulatory Commission (Terms and Conditions for Dealing in Energy Savings Certificates) Regulations, 2016. Summary of the order- The
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CERC Releases Final Procedure for ESCerts Trading
- February 22, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates, Perform Achieve Trade
The CERC has given its final approval for transaction of ESCerts (Energy Saving Certificates) The approval contains the detailed procedure for the following: Registration of a Designated Consumer (DC) with registry as eligible entity Interface activities between Power Exchanges & Registry, Administrator & Registry and Registry & Designated Consumer Dealing of Energy Saving Certificates, Transfer
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Bicon’s Report on PAT Cycle 1 and 2
- January 4, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates, Perform Achieve Trade
Download our latest report on PAT Cycle 1 & 2. Get to know some of the interesting facts on PAT targets, achievements, sector performances, PAT Cycle 2 and more. Click here to download: Facts of PAT Cycle 1 and 2
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Draft Detailed Procedure for Transaction of ESCerts by BEE
- December 16, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous, PAT Updates
The Bureau of Energy Efficiency, India has release the Draft of Detailed Procedure for Transaction of Energy Saving Certificates (ESCerts). These procedures are applicable to the Designated Consumer to whom Ministry of Power have either issued ESCerts or entitled them to purchase ESCerts to comply with the prescribed energy norms and standards in any PAT
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State utilities to be fined for flouting renewable purchase obligations
- October 10, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous, Power Sector, Renewable Energy
The power ministry may impose stricter penalties on state utilities that refuse to comply with renewable power purchase obligations.
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Madhya Pradesh joins “UDAY” scheme; would derive an overall net benefit of Rs 17,515 crore through “UDAY”
- August 13, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous, Power Sector
The Government of India, the State of Madhya Pradesh and the DISCOMs of Madhya Pradesh (MP Poorva Kshetra Vidhyut Vitran Nigam Ltd., MP Paschim Kshetra Vidhyut Vitran Nigam Ltd. and MP Madhya Kshetra Vidhyut Vitran Nigam Ltd.) signed Memorandum of Understanding (MOU) under the Scheme UDAY – “Ujwal DISCOM Assurance Yojana” today for operational and
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With UDAY Scheme State DISCOMs cut losses
- August 13, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous, Power Sector
State power distribution companies have sharply reduced commercial losses and interest costs with Uday scheme. The average power generation cost in the country has also come down by 13% to Rs 2.77 per unit in the three-month period ending June from Rs 3.19 per unit during April-June of 2015, a senior power ministry official said.
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UDAY will cover private discoms soon
- August 13, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous, Power Sector
The ministry of power plans to approach the Cabinet to incorporate private power distribution companies (discoms) in the Ujwal Discoms Assurance Yojana (UDAY) scheme. Total 10 states under UDAY reforms, eight more to join soon. UDAY is the restructuring plan of the NDA government to bailout the financially and operationally beleaguered state-owned power utilities. One
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UDAY program for DISCOMS
- April 6, 2016
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, Miscellaneous
In order to make India’s future more powerful, it is essential that DISCOM’s mounting losses are tackled efficiently. With severe coal scarcity and mounting debts, merely being the tip of an iceberg. Acting as a ray of hope, governments UDAY (Ujwal Discom Assurance Yojna). The Union Cabinet chaired by the Hon’ble Prime Minister Shri Narendra