• India-Spain cooperation in renewable energy

    • August 25, 2017
    • Posted by: BiconAdmin
    • Category: Renewable Energy
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    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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  • Recommencement of REC trading session for non-solar only from 26th July

    • August 1, 2017
    • Posted by: BiconAdmin
    • Category: Renewable Energy
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    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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  • Supreme Court allows Non Solar RECs Trading

    • July 20, 2017
    • Posted by: BiconAdmin
    • Category: Ministry of Power - Policy
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    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

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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
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    The power ministry may impose stricter penalties on state utilities that refuse to comply with renewable power purchase obligations.

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  • Cabinet approves amendments in Power Tariff Policy to ensure 24X7 affordable Power for all

    • January 21, 2016
    • Posted by: BiconAdmin
    • Categories: Ministry of Power - Policy, Miscellaneous
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    The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi has approved the proposal of the Ministry of Power for amendments in the Tariff Policy. For the first time a holistic view of the power sector has been taken and comprehensive amendments have been made in the Tariff policy 2006. The amendments are also

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