Numeric Power's solar power plant received REC accreditation

Chennai-based Numeric Power Systems has received REC accreditation for one of its two 1 MW solar PV plants in Tamil Nadu.The plant is likely to feed energy to the grid from next month.
This is the third solar power plant in the country (and the first in Tamil Nadu) to get REC accreditation. The other two are: Jain Irrigation (8.5 MW) in Maharashtra and M&B Switchgear (2 MW) in Madhya Pradesh.
The total solar capacity put under the REC scheme stands at 11.5 MW today. In an article of the Hindu Business Line Vishal Pandya said , “These plants will generate between 18,000 and 20,000 RECs in a full year. The ‘solar RECs’ will trade between Rs 9,300 and Rs 13,400 – the floor and ceiling prices fixed by the Central Electricity Regulatory Commission.”
The solar capacity under REC is very less for the obligated entities to fully meet their purchase obligations. It is estimated that the requirement would be in the upwards of 800 MW.
Try India’s First Online RPO Calculator here