Supreme Court Dismisses Appeal for Stay Order on CERC’s Proposal to Revise REC Prices
The Supreme Court of India has dismissed an appeal by the Green Energy Association (GEA) seeking a stay order on the Central Electricity Regulatory Commission’s (CERC) order to reduce the ...
Supreme Court: No Hearing of Petitions and No New Petitions Can be Filed Due to Covid-19
The Supreme Court of India has indefinitely extended the period of limitation on filing petitions, applications, suits, appeals, and other proceedings at courts and tribunals across the country in light ...
Supreme Court Asks Nitin Gadkari to Explain Government’s Position on Electric Mobility
The Supreme Court has requested the Union Transport Minister Nitin Gadkari to appear before it to discuss the proposal of the gradual transition of fossil-fuel-based vehicles on the roads to ...
CERC Extends Validity of RECs Due to Expire between April and October 2019
Providing relief to renewable energy generators of both solar and non-solar projects who are a part of the renewable energy certificate (REC) mechanism, the Central Electricity Regulatory Commission (CERC) has ...
Renewable Energy Generators Approach Delhi High Court over Levy of GST on RECs
After paying GST of 12% on renewable energy certificates (RECs), renewable energy project developers who are part of the REC mechanism have approached the Delhi High Court to provide relief ...
What Does Supreme Court’s Order Quashing RBI’s NPA Circular Mean for the Solar Sector
Recently, the Supreme Court of India ordered the quashing of a circular issued by the Reserve Bank of India on non-performing assets (NPAs). According to a PTI report, “The Supreme ...
Government Asks Custom Authorities to Begin Collection of 25% Solar Safeguard Duty
Just a few days after the Supreme Court put aside the stay order on safeguard duty by the Orissa High Court, the Ministry of Finance has now issued an instruction ...
Supreme Court Allows Government to Levy 25% Safeguard Duty on Solar Imports
India will soon begin with the imposition of safeguard duty on solar cells and modules which had been put on hold by the government. In a significant order, the Supreme ...
Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000
Non-solar renewable energy certificates (RECs) issued on or after April 1, 2017, will be sold at a floor price of ₹1,000 (~$14.809)/REC, the Supreme Court has ruled. The court had ...
Interview: Solar & Non-Solar REC Generators Could Lose ₹18 Billion if Relief is Not Provided
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 ...
CERC Gives its Go-Ahead to Solar and Non-Solar REC Trading
The Central Electricity Regulatory Commission (CERC) has given its go-ahead for the trade of solar and non-solar Renewable Energy Certificates (RECs) in the country. The new order comes after the ...
ReNew Power Fined for Project Commissioning Delay but PPA Not Terminated
The Supreme Court of India has asked renewable energy project developer ReNew Power to pay a penalty of ₹119 million (~$1,827,700) to the Madhya Pradesh Power Management Company Limited (MPPMCL) ...
Green Energy Association to Appeal APTEL REC Order to the Supreme Court
The Green Energy Association has decided to appeal the recent order passed by the Appellate Tribunal of Electricity (APTEL) regarding floor and forbearance prices of Renewable Energy Certificates (RECs). Recently, ...
Supreme Court Rescinds GERC Order to Extend the Control Period of a 20 MW Solar Project
The Supreme Court of India has passed an order that rescinds an earlier order by the Gujarat Electricity Regulatory Commission (GERC) that extended the control period of a solar project ...
Non-Solar REC Trading on the Rise
Trading activity in non-solar renewable energy certificates (RECs) is on the rise in India. In the October REC trading session, a total of 4,87,105 non-solar RECs were sold. This is ...
Supreme Court Extends the Validity of Solar and Non-Solar RECs to March 31, 2018
The Supreme Court has extended the validity of solar and non-solar Renewable Energy Certificates (REC) that were due to expire between April 1, 2017, and March 31, 2018, up to ...
Sale of Non-Solar RECs Decline
With obligated entities required to pay the old renewable energy certificate (REC) rate of ₹1,500/REC, the total number of non-solar RECs sold in August 2017 was 2,89,505, 42 percent lower ...
