The selection of Power Grid Corporation was carried out through Tariff Based Competitive Bidding (TBCB) for selection of Transmission Developers. New Delhi: REC Power Distribution Company Limited (RECPDCL), a wholly owned subsidiary of REC Limited under Ministry of Power, has handed over two projects specific Special Purpose Vehicles (SPVs) ‘Fatehgarh Bhadla Transco Limited’ & ‘Sikar […]
The study said that as many as 99 per cent of all RECs sold have served to fulfill RPO requirements New Delhi: India’s renewable energy certificate (REC) market has recorded net sales worth Rs 9,266 crore during its decade of existence, according to a study released on Thursday by the CEEW-Centre for Energy Finance (CEEW-CEF). […]
Karnataka Electricity Regulatory commission(KERC) recently announced the Average Pooled Power Purchase Cost(APPC) for the FY 2021-22. In accordance with the KERC (Procurement of energy from renewable sources) regulation, 2011, KERC notifies the APPC at INR 4.17/unit for the financial year 2021-22 with effect from 01.04.2021 for the purpose of renewable energy certificate(REC). In accordance with […]
Determination of Fee and Charges payable of the CERC (T&C for Recognition and Issuance of REC for RE Generation) Regulations, 2010. For more information please see below link:
RECs piled up till March-end due to a halt in trading The renewable energy certificates market shrank to 9.2 lakh RECs in 2020-21 while 60.58 lakh RECs piled up till March-end due to a halt in trading, which also impacted the ability of distribution companies to meet their renewable purchase obligation (RPO). According to industry […]
Power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. New Delhi: Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year, reflecting persistent stress in the sector. Distribution companies (discoms) […]
REC letter to DISCOMS regarding reduction of performance security in DDUGJY , Saubhagya and Addl. Infra projects For more information please see below link:
Indian Oil Seeks Trading Services For Selling of Non-Solar RECs TRADING SERVICES FOR THE SELLING OF NON-SOLAR RENEWABLE ENERGY CERTIFICATES(RECs) GENERATED FROM 72.3 MW WIND POWER PLANT AT RAJASTHAN THROUGH POWER EXCHANGE (IEX/PXIL) For more information please see below link: