forbearance-price

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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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Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have...

June 9, 2021

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Rakesh Ranjan

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Other

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Renewable Energy
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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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