CERC to determine Floor & Forbearance Price of RECs post 2012
Central Electricity Regulatory Commission (CERC) has come out with a suo-motu order on determining new Floor and Forbearance price for REC (Solar & Non-Solar) for the period post 2012. The draft copy of the order and a notice for the public is available here.
CERC’s proposal is shown below :
| Non Solar REC ( Rs/MWh) | Solar REC ( Rs/MWh) | |
|---|---|---|
| Forbearance Price | 3480 | 13690 |
| Floor Price | 1400 | 9880 |
Comments/Suggestions on the draft proposal are invited by 05th July, 2011 and public hearing will be held on 14th July, 2011.