RRF Mechanism close to be operationalized
The implementation of Renewable Regulatory Fund mechanism which was scheduled on 01.07.2013 has now been deferred by 15 days and hon’ble CERC in its order dated 09.07.2013 has come up with following implementation plan: RRF to be implemented effectively from 15.07.2013. Role
Proposal to charge RE generators for processing their applications in Chhattisgarh
Chhattisgarh Renewable Energy Development Authority ( CREDA ) and Chhattisgarh State Load Dispatch Centre have proposed the Chhattisgarh State Electricity Regulatory Commission ( CSERC ) for levy of fee for processing of applications for issuance of RECs. They have proposed
Renewable Energy Certificates needs market push
In an article of The Hindu Business Line the current scenario of the Renewable Energy Certificates market of the country and its upcoming challenges was highlighted. With an extra one-and-a-half paise added into accounts of people who put up renewable energy capacities such as windmills, biomass and solar plants is an attractive return, justifying their investments. However, for this to work, a key parallel activity is the development of a robust market for renewable energy certificates and here is where action is needed urgently now.
REC Implementation Mechanism
Honourable Central Electricity Regulatory Commission (CERC) has been very active all throughtout the year for the implementation of REC mechanism in India. The Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation were notified and thereafter had its first amendment also.