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Power Grid declared as successful bidder for two transmission projects in Rajasthan

Power Grid Corporation of India has been declared as the successful bidder under Tariff based competitive bidding to establish following transmission systems for: Transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan (8.1 GW) under phase II - Part A on build, own operate and maintain (BOOM) basis. The Letter of Intent (LoI) dated 29 January 2021 has been issued to Power Grid Corporation of India. The Transmission system comprises establishment of a new 400/220kV Substation, 400kV D/C Transmission lines and associated Substation extension works in the State of Rajasthan. Transmission system strengthening scheme for evacuation of power from solar energy

How REC trading pause will impact India s green energy aspirations

How REC trading pause will impact India s green energy aspirations With the green market still at a nascent stage, the REC market is positioned as a key instrument with huge relevance in the given scheme of things and an abrupt pause is really not an ideal solution for the market as well as its stakeholders Rohit Bajaj | January 25, 2021 | Updated 10:24 IST A seamlessly operational REC market is critical from the perspective of meeting the national green aspirations The Central Electricity Regulatory Commission (CERC) introduced the Renewable Energy Certificate (RECs) mechanism in the year 2010 with an aim to ease the purchase of renewable energy by the state utilities and obligated entities, including the states which are not well endowed with renewable energy sources.

SC allows CERC to open and clear pending cases, restricts some functions

Supreme Court allows CERC to begin operations; clear reserved cases

Supreme Court allows CERC to begin operations; clear reserved cases SECTIONS Share Synopsis The apex court has allowed two members of the regulatory commission to resume office for administrative work as the government informed it has appointed a legal member. PTI Industry experts said the development comes as a relief as CERC would now be able to clear reserved pending cases till the time member law joins. New Delhi: The Supreme Court on Wednesday allowed the Central Electricity Regulatory Commission (CERC) to resume administrative operations and pass orders on 174 reserved cases. The apex court has allowed two members of the regulatory commission to resume office for administrative work as the government informed it has appointed a legal member.

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