1. The document discusses wind power development in the state of Maharashtra, India. It summarizes the wind zone classification procedure and tariffs set by the Maharashtra Electricity Regulatory Commission.
2. It also discusses the introduction of a cross subsidy surcharge for open access consumers in Maharashtra as well as new guidelines from KREDL for wind project developers and increased tariffs for industrial and commercial consumers in Rajasthan.
3. Additionally, it provides an overview of draft guidelines from MNRE regarding the installation of wind turbine models in India, recognizing international certification schemes, and an addendum to the Revised List of Models and Manufacturers.
Welcome to International Journal of Engineering Research and Development (IJERD)IJERD Editor
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journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals
Welcome to International Journal of Engineering Research and Development (IJERD)IJERD Editor
call for paper 2012, hard copy of journal, research paper publishing, where to publish research paper,
journal publishing, how to publish research paper, Call For research paper, international journal, publishing a paper, IJERD, journal of science and technology, how to get a research paper published, publishing a paper, publishing of journal, publishing of research paper, reserach and review articles, IJERD Journal, How to publish your research paper, publish research paper, open access engineering journal, Engineering journal, Mathemetics journal, Physics journal, Chemistry journal, Computer Engineering, Computer Science journal, how to submit your paper, peer reviw journal, indexed journal, reserach and review articles, engineering journal, www.ijerd.com, research journals
Practice directions rts net metering regulations 2015Jay Ranvir
CONNECTIVITY FOR ‘CHANGE-OVER’ CONSUMERS
PRACTICE DIRECTIONS Meter reading, energy accounting and settlement with the Consumer shall be
undertaken by the Supply Licensee as per the terms of the Regulations. The Supply
Licensee shall pay the Wheeling Charges, as approved by the Commission for a
particular financial year and corresponding to the unadjusted net credited Units of
electricity at the end of that year, to the Wires Licensee. Such payment will be taken
into account by the Commission while determining the respective Aggregate Revenue
Requirements.
As a power distribution solutions provider, UGL Limited provides the foundation for green cities and energy efficient infrastructures. Learn more about its services.
The presentation throws light on the commercial aspects of developing a solar project in Maharashtra with a view to supply power to a third party through open access.
Specifically, it probes into the spectrum of open access charges that are applicable while the generated power traverses through the state transmission and local distribution grid, starting from the plant end to the consumer end.
Net Metering is essential for a Rooftop Solar & many Indian states have their own set of guidelines towards it.
The document helps to summarise the Net Metering Regulations in various Indian states.
2014 PV Distribution System Modeling Workshop: European codes & guidelines for the application of advanced grid support functions of inverters: Roland Bruendlinger, AIT Austrian Institute of Technology
The Operation of the GCCIA HVDC Project and Its Potential Impacts on the Elec...Power System Operation
The Gulf Cooperation Council Interconnection Authority (GCCIA) has constructed and commissioned a 400kV interconnection grid between Kuwait, Saudi Arabia, Bahrain, Qatar and United Arab of Emirates (UAE), that includes 900 km of overhead lines, seven 400kV substations, a 1800MW three-pole back-to-back HVDC converter station and a submarine cable to Bahrain. This paper summarizes the design features of the GCCIA Back-to-Back HVDC station, illustrates both the technical considerations and physical characteristics of the project, and highlights the operational experience since its operation in 2009. Also, the paper provides some environmental aspects and personal recommendations, and sum up with illustrative conclusion over the covered topics.
Index Terms—high-voltage direct-current transmission, interconnection, GCCIA, back-to-back HVDC, power system operation, grid connectivity, power system converters
DERC Renewable energy Net Metering Regulations 2014Headway Solar
Delhi Net Metering Regulations 2014 released by Delhi Electricity Regulatory Commission (DERC).
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
Practice directions rts net metering regulations 2015Jay Ranvir
CONNECTIVITY FOR ‘CHANGE-OVER’ CONSUMERS
PRACTICE DIRECTIONS Meter reading, energy accounting and settlement with the Consumer shall be
undertaken by the Supply Licensee as per the terms of the Regulations. The Supply
Licensee shall pay the Wheeling Charges, as approved by the Commission for a
particular financial year and corresponding to the unadjusted net credited Units of
electricity at the end of that year, to the Wires Licensee. Such payment will be taken
into account by the Commission while determining the respective Aggregate Revenue
Requirements.
As a power distribution solutions provider, UGL Limited provides the foundation for green cities and energy efficient infrastructures. Learn more about its services.
The presentation throws light on the commercial aspects of developing a solar project in Maharashtra with a view to supply power to a third party through open access.
Specifically, it probes into the spectrum of open access charges that are applicable while the generated power traverses through the state transmission and local distribution grid, starting from the plant end to the consumer end.
Net Metering is essential for a Rooftop Solar & many Indian states have their own set of guidelines towards it.
The document helps to summarise the Net Metering Regulations in various Indian states.
2014 PV Distribution System Modeling Workshop: European codes & guidelines for the application of advanced grid support functions of inverters: Roland Bruendlinger, AIT Austrian Institute of Technology
The Operation of the GCCIA HVDC Project and Its Potential Impacts on the Elec...Power System Operation
The Gulf Cooperation Council Interconnection Authority (GCCIA) has constructed and commissioned a 400kV interconnection grid between Kuwait, Saudi Arabia, Bahrain, Qatar and United Arab of Emirates (UAE), that includes 900 km of overhead lines, seven 400kV substations, a 1800MW three-pole back-to-back HVDC converter station and a submarine cable to Bahrain. This paper summarizes the design features of the GCCIA Back-to-Back HVDC station, illustrates both the technical considerations and physical characteristics of the project, and highlights the operational experience since its operation in 2009. Also, the paper provides some environmental aspects and personal recommendations, and sum up with illustrative conclusion over the covered topics.
Index Terms—high-voltage direct-current transmission, interconnection, GCCIA, back-to-back HVDC, power system operation, grid connectivity, power system converters
DERC Renewable energy Net Metering Regulations 2014Headway Solar
Delhi Net Metering Regulations 2014 released by Delhi Electricity Regulatory Commission (DERC).
This document is not a work of Headway Solar (http://headwaysolar.com/) and it has been released here for the benefit of the general public.
Renewable energy and grid integration energy transitionNarinporn Malasri
Energy Regulatory Commission Thailand : Energy-Related Policies and Activities
Renewable energy and grid integration and energy transition in Thailand. IMPACT of Renewable Connection such as FULL GRID CONNECTION CAPACITIES, REVERSE POWER FLOWS, VOLTAGE CONTROL IN DISTRIBUTION GRID
PROTECTION COORDINATION IN DISTRIBUTION GRID.
Expert group constituted by CERC proposes draft IEGC 2020Amitava Nag
The draft IEGC 2020 proposes further measures to strengthen grid security and resilience and renewable integration. The planning code has been thoroughly overhauled including generation resource planning (flexibility, ramping and minimum turndown level).
RfS 160 MW GRID CONNECTED SOLAR PV in UTTAR PRADESHHarish Sharma
As part of JNNSM Phase-II Batch-III, Tranche-VII, SECI has invited setting up of grid connected Solar PV Projects in Uttar Pradesh, on “Build Own Operate” basis for an aggregate capacity of 160 MW. Projects selected based on this RfS shall be given “Viability Gap Funding” in line with terms and conditions of this RfS. SECI shall enter into Power Purchase Agreement (PPA) with the Bidders selected based on this RfS for purchase of solar power selected for a period of 25 years based on the terms, conditions and provisions of the RfS.
The Central Electricity Regulatory Commission (CERC) has the power of
deciding the tariff for electricity generated by various power stations.
Tariff is calculated on the basis of capacity charge (fixed cost) and energy
charge (variable cost). The various components of capacity charge on
which the tariff depends are return on equity, interest on capital loan,
depreciation, interest on working capital, operation & maintenance cost,
cost of secondary oil. The components of energy charge are primary fuel
costs, secondary fuel oil consumption and auxiliary energy consumption.
Tariffs are classified into nominal, discount and levelized tariff. Tariff
calculations for 250 MW thermal power plants have been discussed in this
paper.
The Central Electricity Regulatory Commission (CERC) has the power of
deciding the tariff for electricity generated by various power stations.
Tariff is calculated on the basis of capacity charge (fixed cost) and energy
charge (variable cost). The various components of capacity charge on
which the tariff depends are return on equity, interest on capital loan,
depreciation, interest on working capital, operation & maintenance cost,
cost of secondary oil. The components of energy charge are primary fuel
costs, secondary fuel oil consumption and auxiliary energy consumption.
Tariffs are classified into nominal, discount and levelized tariff. Tariff
calculations for 250 MW thermal power plants have been discussed in this
paper.
The ppt gives an overview on recent policy initiatives on Renwable Energy, like cerc\'s new regulation, national solar mission and renewable energy certificate
RfP FOR 1000 MW SOLAR PV POWER PROJECTS UNDER JNNSM PHASE II BATCH-III TRANCH...Harish Sharma
Bids are invited for the Selection of “1000 MW Grid Connected Solar PV Projects in Karnataka under JNNSM Phase-II Batch-III, Tranche-V” for Setting up of Solar PV Projects in India on “Build Own Operate” basis and selling the Solar Power to Solar Energy Corporation of India Ltd.(SECI)
Last date for the bid submission is 29/03/2016 up to 14:00 Hrs (IST)
RfS for 50 MW in Solar Power projects Himachal Pradesh under NSM Ph-II, Batch...Harish Sharma
As part of JNNSM Phase-II Batch-III, Tranche-VIII, SECI is inviting proposals for setting up of grid connected Solar PV Projects in Himachal Pradesh, on “Build Own Operate” basis for an aggregate capacity of 50 MW. Projects selected based on this RfS shall be given “Viability Gap Funding” in line with terms and conditions of this RfS. SECI shall enter into Power Purchase Agreement (PPA) with the Bidders selected based on this RfS for purchase of solar power selected for a period of 25 years based on the terms, conditions and provisions of the RfS.
Last Date and Time of Closure of Procurement of Tender Documents is 17 June 2016
PES Wind Magazine - The development of a MV power converter for FC wind turbi...Ingeteam Wind Energy
Having cost-optimal power converters is a must in order to survive in the competitive wind market following the costs reduction rate.
To continue improving the performance of the wind turbines, while maintaining or even increasing the reliability, having a deep knowledge of the technology is crucial for the power converter developments.
Based on the long experience in the wind industry and the deep knowledge about core components composing a power converter, Ingeteam applies a design procedure that allows optimizing the power converter solution, developing power converter products up to 15MW for offshore environments.
K a-sivaram-chitale-policy-framework-for-transmission-distribution
WinD Force Newsletter October Edition
1.
2. Enabling High Efficiency and Reliable Wind Power Projects
1
Policy and Regulatory
Maharashtra Wind Zone Classification Procedure
In recent Wind Power Tariff Orders, Maharashtra Electricity Regulatory Commission (MERC)
has come out with wind power tariff structure for different wind zones in the state. In these
orders, MERC has segregated the sites into 4 different zones based on the mean annual
wind power density (WPD) in those areas:
Wind Energy Mean Annual Levellised Total Net Levellised Tariff (upon
Projects Zone WPD Tariff adjusting for Accelerated
at 50 m hub- (FY2011-12) Depreciation benefit) (if
height (W/m2) in Rs / kWh availed) in Rs / kWh
Wind Zone-1 200-250 5.37 4.56
Wind Zone-2 250-300 4.67 3.96
Wind Zone-3 300-400 3.97 3.38
Wind Zone-4 Above 400 3.58 3.04
Maharashtra State Electricity Distribution Co. Ltd. (MESDCL) had raised some issues on the
manner in which zoning of different areas was to be done. MSEDCL had also been refusing
execution of the long term Power Purchase Agreements (PPAs) as per the MERC Order in
effect. This had led to a lot of confusion and resentment amongst the investors, lenders and
even the manufacturers of wind turbine generators. The outcome was a significant delay in
investments in windfarm development in the state. Though, it has taken time, but, the
Maharashtra Energy Development Agency (MEDA) has now come out with a clear
procedure for classification of wind zones. The highlights of the zone wise classification are:
Ÿ The mean annual WPD at 50 meter at the reference wind mast, declared by Centre for
Wind Energy Technologies (C-WET) under the Ministry of New & Renewable Energy
(MNRE) or MEDA programme or data vetted by C-WET location shall be considered to be
the annual mean WPD for the effective area of 10 km radial distance from the location of
the reference wind mast.
Ÿ If a Wind Power Project (WPP) falls within the effective areas of two different wind
masts having different values of annual mean WPD, then the annual mean WPD of the
nearest wind mast shall be considered for that WPP.
Ÿ For an upcoming WPP, within the effective area, if 50% or more than 50% of the
proposed WTG location co-ordinates are falling above or below 60 m elevation
difference with reference to the mean sea level (MSL) of the reference wind mast, then
investor/developer shall approach C-WET to obtain project specific annual mean WPD
report either on MEDA's advice or permission. While signing Energy Purchase
Agreement (EPA) with the distribution licensee, developer/investor shall have to submit
letter issued by MEDA for wind zone classification.
www.windforce-management.com
3. Enabling High Efficiency and Reliable Wind Power Projects
2
Introduction of Cross Subsidy Surcharge in Maharashtra
Earlier in 2006, to promote Open Access (OA), MERC came with an order determining Cross
Subsidy Surcharge (CSS) as Zero for OA Consumers from September 2006 to September
2011. Later in August 2010, MSEDCL had filed a Petition with MERC seeking review of the
aforesaid order in light of achievement of the same (i.e. to match the electricity demand in
the State through OA.
MERC has decided to re-determine the CSS due to the change in the current power
scenario. The CSS has been computed for Open Access transactions for various consumer
categories based on their voltage levels. The range of applicable CSS is Rs. 0.21/unit to Rs.
2.81/unit for different DISCOMs (R-Infra, MSEDCL, BEST, Tata Power), for different
categories of consumers (industrial, commercial etc), connected at different feeders
(express/non-express) at different voltage levels (above/below 66 kV).
CSS applicable to open access transactions from Renewable Energy Sources has been
fixed at 25% of the applicable CSS of the respective consumer category. MERC has fixed a
discounted CSS in order to promote generation from Renewable Energy sources, which is
in line with the objectives of EA 2003
KREDL Notification for Wind Project Developers
Recently, MNRE has done away with the criteria for Wind Power Density (WPD) for
installation of commercial WPPs in India. In contrast of this, KREDL has decided, not to insist
on this parameter to approve DPRs. However, to ensure use of higher efficiency WTGs only,
KREDL has mandated minimum generation of 20% CUF per WTG in the agreements with
developers/ manufacturers. The clause shall include removal of those WTGs (<20% PLF) on
the cost of manufacturers/developers.
Rajasthan DISCOMs have increased tariff for HT consumers
Rajasthan DISCOMs have filed ARR in RERC for the year 2011-12 and revised the applicable
tariff for industrial and commercial consumers. Following are the new tariff for various
categories:
Existing Tariff New Tariff
Type of Industry
Energy charges (Rs. / kWh) Energy charges (Rs. / kWh)
Medium Industries 3.75 4.75
Large Industries 4.01 5.00
Non Domestic (Commercial)
Upto 100 units 4.50 5.90
Above 100 units 4.90
Due to ~ 100 paisa/kWh hike in tariff, the investors who have already installed WPPs and
those who are planning to install WPPs for captive use, will get higher benefit as their cost of
power remain insulated for such steep hike state tariff.
www.windforce-management.com
4. Enabling High Efficiency and Reliable Wind Power Projects
3
What’s New
Draft guidelines for installation of wind turbine models in India
The current qualification criteria for installation of WTGs in India require a certification from
C-WET which is a time taking process even in cases wherein a certificate from
Internationally Recognised Agency is available. This has in-turn restricted certain better
WTG models and technology to be used in India.
To give a boost to wind power development in India by creating the environment that
promotes healthy business, ensures safety standards and encourages technological
growth, MNRE has issued new draft guidelines for installation of wind turbine models in
India and invited comments/views/suggestions on the same by 29th September 2011.
Major highlights of these guidelines are:
Ÿ Any new WTGs to be installed in India must possess a valid type certificate from an
internationally accredited certification agency and fully comply with IEGC 2010.
Ÿ Manufacturers can install up to 15 MW of a specific turbine model in India to test its
performance in India. To sell any such model in India, they will be required to establish
manufacturing base in the Country.
Ÿ The self-certification guidelines for installation of WTGs, which allows installation of
non-certified machines, have been discontinued with immediate effect.
This guideline will cover all such machines that have already been approved under the
RLMM scheme, but not yet installed. However, self-certified machines approved under
the RLMM scheme and installed will be subject to guidelines issued in December 2009
and January 2010 that required submission of the documents related to type certificate
within the committed timeframe and other requirements.
Ÿ The guidelines also specify four international certification programmes that will be
accepted in addition to the revised TAPS-2000 programme of C-WET. The certification
clauses will accelerate capacity addition by de-clogging C-WET's pipeline. The guidelines
are applicable from 1st December 2011 in the run-up to the 12th Five Year Plan (2012-
17), and from the same day the RLMM Committee will stand dissolved.
The following certification schemes will be recognised when an accredited certifying body
carries out certification:
Ÿ IEC Certification Scheme
Ÿ Germanisher Loyds Certification Scheme
Ÿ The Danish Certification Scheme
Ÿ The Dutch Certification Scheme
Addendum to Revised List of Models and Manufacturers (RLMM)
As per addendum to Main List (RLMM) of Wind Turbines in India dated 22.09.2011,
following WTGs have been added viz. Kenersys K100 - 2.5 MW, Global L82 - 2.0 MW, Suzlon
S95, S97 - 2.1 MW & S88 - 2.25 MW.
www.windforce-management.com
5. Enabling High Efficiency and Reliable Wind Power Projects
4
Important Notice regarding Registration for Application
All RE Generators are requested to furnish complete documents as mentioned in the check
list:
ŸHard copy of online Registration application signed and stamped on each page.
ŸAccreditation Certificate.
ŸCommissioning Certificate/ Commissioning Schedule.
Ÿ Applicable clauses of the declaration given in online application that it has not entered
into any Power Purchase Agreement at preferential tariff on the letter head of the
company.
ŸFees and Charges.
ŸUndertaking to pay any service tax or any other taxes applicable on REC fees and charges.
ŸLetter for authorised signatory if application is not signed by MD/CEO.
If any information will be found missing and asked by central agency to furnish then it shall
be routed through concerned state agency to central agency.
India installed capacity in FY 12, H1
In FY 12 H1, ~ 1445 MW of Wind capacities have been commissioned. In view of possibility
that the accelerated depreciation benefit may not be available post 31st March 2012 a good
portion of this capacity may have come from the accelerated depreciation seekers.
Similarly, for IPPs also, as per current policy GBI is available for projects commissioned by
31st March 2012 only. These two can be the key drivers for the huge investment this year. We
expect that the total capacity to be commissioned this year shall be in the range of 2500 -
3000 MW.
Events
Ÿ WinDForce attended in Power Trading Summit 2011organized by Power Markets India,
held in Crown Plaza New Delhi. Various stakeholders of power industry participated in
the event discussing about:
§ Trading Renewable Power, Wind and Solar Scheduling, Annual Pool Power Costs -
Future Trends, REC Markets - Pricing beyond 2012
§ Long Term, Short Term and Medium Term Power Markets, Future of Power
Exchanges, Bilateral Trades v/s Exchange Trades
§ Financial Risks in Trades, Project Finance Risks and Mitigations
Ÿ Mr. Jami Hossain, Chief Mentor and Founder of WinDForce participated in Business-to-
Business Forum on “Fostering Business Partnerships to Promote the Adoption and
Utilizationn of Renewable Energy Technologies” 22-23 September 2011, Colombo, Sri
Lanka. The event organised by Asian and Pacific Centre for Transfer of Technology
(APCTT) of the United Nations - Economic and Social Commission for Asia and the Pacific
(ESCAP) had the participation from many countries of the Asia Pacific region. Speaking
to delegates as well as dignitaries from Sri Lanka including the Energy Minister, Hossain
talked about the possibility of a submarine transmission link between Sri Lanka and
India that would stabilise the Sri Lankan grid as well as enable large scale exploitation of
wind energy in North Sri Lanka. Hossain was invited as a resource person to the meet.
www.windforce-management.com
6. Enabling High Efficiency and Reliable Wind Power Projects
5
Upcoming Events
Ÿ Workshop on Renewable Regulatory Fund (RRF) Mechanism for Southern Region
stakeholders on 10 October 2011 and for Western Region stakeholders on 14 October
2011 is being organised by NLDC.
Ÿ ICCC-1: International Conclave on Climate Change from 12-14 October 2011at
Hyderabad International Trade Expositions Limited (HITEX), Madhapur, Hyderabad, A.P,
India.
Ÿ Green Conclave and Green Leadership Forum 2011: Discussion on the most critical
issues that surround the clean technologies sector and the investment opportunities it
offers to be held on 14th October 2011 at The Leela Palace, Diplomatic Enclave,
Chanakyapuri, New Delhi
Ÿ RENEWTECH INDIA 2011: International Exhibition & Conference on Renewable Energy
from 10-12 November 2011 at Bombay Exhibition Centre, Goregaon, Mumbai, India.
Tenders
Ÿ Karnataka Renewable Energy Development Limited (KREDL) has come out with an NIT
inviting bids from the manufacturers with WTG capacity of more than 1500 kW for
development of two wind power projects of 6 MW capacities each in the state of
Karnataka on LSTK basis.
ŸHukeri Rural Electric Co-operative Society Limited has called for Expression of Interest
from the developers in the field of Wind Energy with our without land for a capacity of
100 MW in stages for attaining self sustainability.
REC Trading
The above graph indicates that the equilibrium price of REC traded at both the exchanges is
increasing every month. Moreover traded volume at both the exchanges is also increasing.
In the recent trading held on 28th September 2011, there were buy bids for ~2, 27,000 RECs
against sell bids for ~85,600 RECs, where as in the last trading held on 2nd September 2011,
there were buy bids for ~ 1, 83,305 RECs against sell bids for ~58,052 RECs.
www.windforce-management.com
7. Enabling High Efficiency and Reliable Wind Power Projects
6
Calculation of Equilibrium Price (EP) and Volume for RECs at IEX
A matching of the buy and sell bids will take place only if there are crossing prices (Buy Price
>= Sell Price). Accordingly, the EP is determined as per following criteria:
Ÿ EP will be the price at which there is Maximum Tradable Volume (MTV).
Ÿ If there is more than one price with equal value for MTV, the price that leaves the least
volume untraded at its level (minimum unbalance) is chosen as EP.
In price determination process, at every candidate price level (CPL), the volume is
cumulated and the difference between cumulative buy and cumulative sell is calculated.
This gives two values at every CPLs:
Ÿ Tradable Volume (minimum of cumulative buy and cumulative sell)
Ÿ Unbalance (Difference of cumulative buy and cumulative sell; positive, negative or zero.
Following four rules are for calculating EP:
Rule 1: If a CPL with maximum tradable volume exists, this price is an EP. This rule gives one
or more price levels:
Ÿ If the maximum tradable volume is zero (no crossing prices), no EP is determined.
Ÿ If there is only one price level, this is the EP.
Ÿ If there are multiple levels, rule 2 is applied.
Rule 2: If there are several price levels for maximum tradable volume, the levels with
minimum Unbalance are CPLs. This rule gives us one or more price levels:
Ÿ If there is only one price level, this is the EP.
Ÿ If there are multiple price levels, and the unbalance is not zero, rule 3 is applied.
Ÿ If there are multiple price levels, and the unbalance is zero, rule 4 is applied.
Rule 3a: If the sign(+/-) of unbalance is same for all CPLs, the price closest to the price at
which sign of unbalance has changed (from positive to negative or negative to
positive, as the case may be) , is chosen as EP.
Rule 3b:If the unbalances at CPLs have different signs, the highest CPL with positive
unbalance and the lowest CPL with negative unbalance are identified. The EP is
then chosen randomly between these two.
Rule 4: If there are two CPLs with unbalance = 0, then one of them is chosen randomly as EP.
For a better understanding, we may refer the following example:
In this graph, there are 3 different buy bids and 3 different sell bids.
www.windforce-management.com
8. Enabling High Efficiency and Reliable Wind Power Projects
7
A is the buyer who is willing to buy 1000 REC at any price =< Rs 3900/REC, B is willing to buy
6000 REC at any price =< Rs 2300/REC and C is willing to buy 2000 REC at a price of
WinDForce Services
Rs1700/REC. Whereas D is the seller who is willing to sell 1000 RECs at any price >= Rs
Ÿ Wind Resource Assessment (WRA)
1500/REC, E is willing to sell 2000 RECs at any price >= Rs 1700/REC and F is willing to sell
Ÿ Owner’s Engineer during the complete
3000 RECs at any price >= Rs 2000/REC.
p ro j e c t i m p l e m e ntat i o n & p o st
commissioning
Now Rs 2200/REC is the price level for maximum tradable volume and minimum imbalance
Ÿ Detailed Project feasibility Study
so equilibrium volume shall be 6000 RECs at an equilibrium price of Rs 2300/REC.
Ÿ Detailed Project Report
Ÿ Contract Advisory
Ÿ Technical Due Diligence of proposed
as well as existing wind farms
Ÿ E nt r y st rate g i e s fo r n ew W TG s
manufactures
Ÿ Structuring of PPA
Ÿ Sale of power and management
Ÿ Environment Impact Assessment
Ÿ Development/ Co-development of Wind
Power Projects at Identified sites by
WinDForce
(* Source: IEX)
Short Term Electricity Price
From the above graph it can clearly be said that during the last one year, most of the time,
except 1-2 month, short term market price of electricity in bilateral arrangement is higher
than that at power exchanges. This analysis includes only inter-State transactions.
Electricity price in bilateral arrangements, in year 2011 is lesser than price in year 2010
showing a decrease in prices. The ratio of electricity traded on power exchanges to that of
total short term bilateral trades has increased from ~22% in 2009-10 to ~36% in 2010-11.
www.windforce-management.com
9. Contact Us Corporate Office
Kindly write to us if you have any comments on this Newsletter. Your valuable WinDForce Management Services Pvt. Ltd.
feedback on this would motivate and help us in improving the quality and enriching 5th Floor, Universal Trade Tower
the content. We are eagerly waiting for your kind response to the articles presented in Gurgaon - Sohna Road
this Newsletter. Gurgaon - 122001, Haryana
Tel: +91 - 124-4353100
Parish Gupta Fax: +91-124-4102980
Mob: +91 98717 11445 Web: www.windforce-management.com
E-mail: parish@windforce-management.com
Rupesh Singh
Mob: +91 96507 58884
E-mail: rupesh@windforce-management.com
A WinDForce Publication
Disclaimer - This Newsletter has been compiled by WinDForce Management Services Private Limited
for circulation among the stakeholders in the energy market. Though the contents of this bulletin are
correct to the best of our knowledge, WinDForce does not vouch for their accuracy.
www.windforce-management.com