IWPA suggests changes in the CERC – REC Regulations (Third Amendment)
According to a recent office memorandum by MNRE, the IWPA has suggested making a few amendments to the CERC REC Regulations (Third amendment) dated 30th December 2014. The amendment talks about the eligibility norms for the DISCOMs that have significantly
ANALYSIS OF APTEL ORDER ON REC PRICING AND MULTIPLIER
Order in the case of REC pricing and vintage multiplier has now been uploaded on the ApTel’s website. Following is a quick summary of the same: ApTel has rejected all prayers of the RE generators. Specifically, it has held: - Pricing: ApTel found
SUPREME COURT ORDERS STAY ON REC TRADING
After the Central Electricity Regulatory Commission’s (CERC) order dated 30th March 2017 on reduction of prices for RECs, many REC-generating companies had filed petitions stating that they had incurred a loss as vintage multiplier was not provided. They had first
NEW FORBEARANCE AND FLOOR PRICE FOR REC FRAMEWORK:
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
CERC: REC Regulation 3rd Amendment
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