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Policy & Regulation

Renewables purchase obligations: CERC to make it easier for discoms

The Central Electricity Regulatory Commission (CERC) has proposed to decrease the floor prices of renewable energy certificates (RECs), making it easier for the state discoms to meet their renewable energy purchase obligations (RPOs). For solar, the proposed floor price is R1,000 per REC, substantially lower than the current rate of R3,500. For non-solar RECs, the proposed […]