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Vintage Multiplier

Summary: The Honorable CERC published the final order on revised price bands for RECs which will be valid from April 1, 2017 onwards. The new floor and forbearance prices are given below   This represents a drastic reduction of 71% for Solar RECs, and

We are pleased to inform that Hon'ble CERC has finalized a much awaited 3rd Amendment on REC Mechanism. The Central Commission has laid out following changes through this legislation/order: REC Regulation (3rd Amendment) | Order on Vintage Multipler |  Statement of