floor-price

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CERC Approves High Price Bilateral Market Segment on PXIL

The Central Electricity Regulatory Commission (CERC) recently approved Power Exchange India’s (PXIL) proposal to introduce high price bilateral market segment. The...

September 22, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Renewable Energy Certificates to be Valid Until Sold – Power Ministry

The Union Minister of Power R K Singh has approved amendments to the renewable energy certificate (REC) mechanism. According to the new amendments, the REC will remain...

September 30, 2021

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Rakesh Ranjan

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Grid

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Market & Policy
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Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices

The Supreme Court of India has dismissed an appeal by the Green Energy Association (GEA) seeking a stay order on the Central Electricity Regulatory Commission’s (CERC)...

June 19, 2020

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Nithin Thomas

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Other

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Renewable Energy
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Solar and Non-Solar REC Trading Slumps in June 2018

After a buoyant May, trading in both solar and non-solar renewable energy certificates (RECs) saw a significant decline in June 2018. In June 2018, 592,401 solar RECs...

June 29, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000

Non-solar renewable energy certificates (RECs) issued on or after April 1, 2017, will be sold at a floor price of ₹1,000 (~$14.809)/REC, the Supreme Court has ruled. The...

May 29, 2018

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Saumy Prateek

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Other

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Renewable Energy
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APTEL Dismisses Petitions Against New Solar and Non-Solar REC Pricing Issued by CERC

The Appellate Tribunal of Electricity (APTEL) has dismissed petitions filed by stakeholders against the issue of new forbearance and floor prices for solar and non-solar...

April 13, 2018

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Saumy Prateek

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Markets & Policy

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Solar
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Breaking: Supreme Court Issues Order Allowing Wind REC Trade

The Supreme Court of India has issued an order allowing the trade in Wind Renewable Energy Certificates (RECs). The highest court in India has removed the stay placed on...

July 18, 2017

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Saumy Prateek

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Other

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Wind

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