CERC Declares New REC Floor and Forbearance Price for FY 2012-2017
Honorable Central Electricity Regulatory Commission (CERC) has declared new floor and forbearance price for REC (Solar and Non Solar) for the control period of FY 2012-2017 (the order is available here). The Commission has considered the comments of the stakeholders and their views at the public hearing on the proposed floor and forbearance prices for the control period 2012-2015.
The new floor and forbearance prices is shown below:
| Non Solar REC ( Rs/MWh) | Solar REC ( Rs/MWh) | |
|---|---|---|
| Forbearance Price | 3300 | 13400 |
| Floor Price | 1500 |
9300 |