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Brief on ESCerts Trading
- September 22, 2017
- Posted by: BiconAdmin
- Categories: Ministry of Power - Policy, PAT Updates
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Brief on ESCerts Trading Overview The Perform Achieve and Trade (PAT) is a market based mechanism to reduce the specific energy consumption in energy intensive industries. This is facilitated through the trading of ESCerts which are issued to those plants who have over-achieved their targets. These plants are entitled to sell their ESCerts. The plants
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Submission of Report on Status of Energy Consumption by Designated Consumers under EC ACT 2001
- September 5, 2017
- Posted by: BiconAdmin
- Categories: Energy Efficiency, Mandatory Energy Audits, PAT Updates
Bureau of Energy Efficiency Mandates Submission of Report on Status of Energy Consumption by Designated Consumers Bureau of Energy Efficiency, a statutory body under Ministry of Power, Government of India has come out with a notification which requires Designated Consumers of 12 sectors to submit the “Status on Energy Consumption, together with annual production for
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More concentration on renewable will affect on thermal projects
- August 26, 2017
- Posted by: BiconAdmin
- Categories: Non-Performing Assets (NPAs), Power Sector, Renewable Energy
Overemphasis on renewable energy would result in reducing viability of coal-fired thermal power plants in India, adding to the massive non-performing assets (NPAs) of state-run lenders. Rapid changes in technology are promising to help realize the promise of renewable, which is an eminently desirable development. At the same time, these changes need to be seen
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Installed Capacity Touched 13652 MW for Solar
- August 26, 2017
- Posted by: BiconAdmin
- Categories: Power Sector, Renewable Energy
As on 31.07.2017, the cumulative Solar Energy capacity installed, is 13652 MW while the same at the end of 2014-15 was 3743.97 MW. This was stated by Shri Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy and Mines in a written reply to a question in the Lok Sabha.
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Government plans major change in power purchase norms to help stressed projects
- August 26, 2017
- Posted by: BiconAdmin
- Category: Ministry of Power - Policy
The government is planning a major change in the power purchase norms to help stressed plants get coal supplies and start generation as the revised sales pact will make it more attractive for distribution companies to buy electricity from them. Norms are likely to be tweaked to remove contractual requirement for the buyer to pay
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India-Spain cooperation in renewable energy
- August 25, 2017
- Posted by: BiconAdmin
- Category: Renewable Energy
A MOU is signed between India and Spain on India-Spain cooperation in renewable energy The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) between India and Spain on India-Spain Cooperation in renewable energy. The MoU was signed on 30th May, 2017 at Spain. The
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Mock trading for Energy Saving Certificate (ESCerts) will be conduct today
- August 2, 2017
- Posted by: BiconAdmin
- Category: PAT Updates
Perform Achieve and Trade (PAT) Under National Mission for Enhanced Energy Efficiency (NMEEE), the scheme of Perform Achieve and Trade (PAT) is a regulatory instrument to reduce specific energy consumption in energy intensive industries. An associated market based mechanism, will enhance the cost effectiveness through certification of excess energy saving which can be traded. The
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Recommencement of REC trading session for non-solar only from 26th July
- August 1, 2017
- Posted by: BiconAdmin
- Category: Renewable Energy
Trading in REC Non-Solar shall recommence from the month of July 2017 and the trading session will be held on 26th of July 2017 accordingly and shall continue every month as per calendar issued by the Exchange from time to time. The Central Electricity Regulatory Commission (CERC) has informed the Power Exchange to resume the
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Two years of journey and UDAY encourages power supply
- August 1, 2017
- Posted by: BiconAdmin
- Category: DISCOMs
Ujwal Discom Assurance Yojna (UDAY) has helped Power Distribution Companies (DISCOMs) to put them back in shape and reducing the duration of blackouts in the nearly two years since the treatment began. UDAY was approved on November 5, 2015, when all state DISCOMs had a collective debt of Rs 3.95 lakh crore. Out of that
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Supreme Court allows Non Solar RECs Trading
- July 20, 2017
- Posted by: BiconAdmin
- Category: Ministry of Power - Policy
After 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