Analysis of RECs trading – Feb 23, 2022 session
RECs trading took place today on both the exchange platforms (ie. IEX & PXIL). During the February trade session, RECs worth Rs 102 crores were transacted. Non-Solar: Non-Solar RECs traded at the price of INR 1,000/REC at IEX (floor price) INR and
CERC Proposes Drastic Changes in the REC Mechanism
In a recent announcement, CERC (Central Electricity Regulatory Commission) published the draft Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022. Comments are due by 15th March 2022. Key Changes provisioned in the