Home Tag "REC"

Now RE developers’ letter of comfort from PFC, REC, IREDA at par with bank guarantee

Developers need bank guarantees for placing bids for clean energy projects offered by nodal agencies like Solar Energy Corporation of India (SECI) and state-run power giant NTPC. New Delhi: To improve business environment for clean energy projects and attract investments, the government has decided to treat letter of comfort (undertaking) issued by state-run shadow banking […]

Change-in-law Payments Would Be a Rs4,000 Crore Booster for Solar Sector: Report

Power Finance Corporation, REC merger hits roadblock

In March 2019, PFC had completed acquisition of a majority stake in REC by transferring Rs 14,500 crore to the government with hope of merger of the two firms in 2019-20 NEW DELHI: The proposed merger of REC with state-owned shadow banking firm Power Finance Corporation has hit a roadblock and is not likely to […]

Change-in-law Payments Would Be a Rs4,000 Crore Booster for Solar Sector: Report

In the matter of: Petition of CERC (T&C for recognition & issuance of Renewable Energy Certificate for Renewable Energy Generation)

  In the matter of: Petition under Section 66 & 79 of the Electricity Act, 2003 read with Regulations 14 & 15 of CERC (Terms and Conditions for recognition & issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010 for issuance of directions to the Respondent to effect accreditation and registration of the […]

In the matter of: Review petition of the CERC (Conduct of Business) Regulations, 1999

In the Matter of: Determination of the Average Power Purchase Cost of the Respondents for each year

In the Matter of: Petition under Sections 86 (1) (a), (b), (e), (f) read with Sections 61 (h) and 62 (1) (a) of the Electricity Act, 2003 for determination of the Average Power Purchase Cost of the Respondents for each year starting from 2009-10 in order to comply with the provisions of the CERC (Terms […]

In the matter of: Review petition of the CERC (Conduct of Business) Regulations, 1999

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