By Rajasekhar Devaguptapu, Specialist – Energy Policy As of April 2025, India’s installed renewable energy capacity exceeded 175 GW. While this capacity generates a substantial volume of energy, the majority of it is transacted through […]
Indian Energy Exchange (IEX) has announced its performance for the month of June 2025 and the first quarter (Q1) of the financial year (FY) 2025–26. In June 2025, IEX reported a total electricity traded volume […]
By Preeti Wadhwa India is emerging as a key player in the global green hydrogen economy, recognising hydrogen’s potential as a versatile and clean fuel essential for achieving decarbonisation targets. The Indian government considers green […]
REC has introduced a guidance framework to streamline vendor operations under the PM Surya Ghar: Muft Bijli Yojna, aiming to ensure smooth implementation of the rooftop solar programme. Appointed by the Ministry of New and […]
ACME Sun Power has secured a term loan worth Rs 37.53 billion from REC Limited. ACME Sun Power is a wholly-owned subsidiary of ACME Solar Holdings. The funds from the loan will be utilised for […]
This report “Short-term Power Market in India: 2023-24’ by CERC provides a snapshot of the developments in the power sector, with a focus on short-term power transactions through different mechanisms by various market participants. The […]
Indian Energy Exchange (IEX) recorded a 56 per cent year-on-year (YoY) increase in growth, attaining a monthly total volume of 13,250 million units (MUs) in July 2024. The IEX recorded a total electricity volume of […]
REC Limited has declared a profit of Rs 34.42 billion, which is 16 per cent higher than the previous year’s quarter 1 profit of Rs 29.61 billion. Their total revenue has also risen to 130.23 […]
The Delhi Electricity Regulatory Commission (DERC) has issued the draft DERC (Renewable Purchase Obligation and Renewable Energy Certificate Framework Implementation) Regulations, 2024. The regulations will be applicable on all obligated entities, such as distribution licensees, […]
The Ministry of New and Renewable Energy (MNRE) has released updated guidelines for vendor registration under the recently PM Surya Ghar Muft Bijli Yojana rooftop solar programme. With a budget of Rs 750 billion, the […]
REC Limited has announced that its audited standalone and consolidated financial results for the quarter and the year ending March 31, 2024, have been approved. In the fourth quarter of fiscal year (FY) 2024, REC […]
REC has launched the REC Alpha Pure-2 Series, which consists of residential solar modules built on its Alpha heterojunction cell technology. This series is offered in four variants, providing power ratings between 400 W and […]
Indian Energy Exchange (IEX) recorded a 26.1 per cent year-on-year (YoY) increase in growth, attaining a total volume of 10,893 million units (MUs). This also includes 1.52 million renewable energy certificates (RECs) equivalent to 1,520 […]
REC Limited has been appointed as the central agency for the Pradhan Mantri Suryodaya Yojana (PMSY) initiative aimed at deploying rooftop solar systems in the residential sector. The initiative, announced by the Indian Prime Minister […]
The Central Electricity Regulatory Commission (CERC) has granted permission to modify renewable energy certificate (REC) agreements, resulting in alterations to the trading dynamics at both the Indian Energy Exchange and Power Exchange India Limited. This […]
Gurugram, 17th May, 2023: The Board of Directors of REC Limited, today approved the audited standalone and consolidated financial results for the quarter and year ended 31st March 2023. Operational and Financial Highlights – 12M […]
REC Power Development and Consultancy Limited, a wholly owned subsidiary of REC Limited has requested proposals from technical consultants to provide project management consultation services for the installation of solar photovoltaic plants across India for […]
According to the Pareto principle, 80 per cent of consequences come from 20 per cent of causes. In line with this principle, only a few policies/regulations have led to major changes in an industry. The […]
The Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022 have been notified on May 9, 2022. The price of Certificates shall be as discovered in the […]
The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compound annual growth rate over the last few […]
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