CERC Determines fees for issuance of Renewable Energy Certificates
In a recent amendment in the Regulation 11 of the REC Regulations, CERC determined the fees and charges payable by the eligible entities for participation in the scheme for, registration, eligibility of certificates, issuance of certificates, and other matters connected
Analysis of CERC’s 4th Amendment to REC Regulations
CERC published the 4th Amendment to REC regulations in end-March. These regulations will have a significant impact on the RECs markets going forward, as a large portion of the existing capacity under the mechanism will become in-eligible for RECs. In summary,
CERC reduces REC issuance fee payable to NLDC
In an order dated 05.02.2014. the apex electricity regulator CERC extended the existing fees and charges chargeable by the central agency (NLDC) for registration of REC projects till 31.03.2014. The decision was taken by CERC after scrutiny of audited accounts
REC Mechanism Sees Low Issuance
July saw significant new capacity getting registered. Registered projects capacity increased from 406 MW last month to 623 MW. However, our analysis found that very little of that is seeing issuance as of now. Approximately 30,000 RECs were issued this month