Mercom Insider

Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided

Co-founder of REConnect Energy, asserted that REC is a market-based instrument and it must reflect market sentiments

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The solar REC trading in the country was stalled for the past one year. In April 2018, both, solar and non-solar renewable energy certificates (REC) were traded for the first time at the new floor and forbearance prices fixed by the Central Electricity Regulatory Commission (CERC).

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