TAG: " Renewable Energy Certificate "

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CERC Directs NLDC to Issue RECs to HPSEBL Despite Delays

The Central Electricity Regulatory Commission (CERC) has ordered the National Load Despatch Centre (NLDC) to issue Renewable Energy Certificates (RECs) to HPSEBL, condoning procedural delays that did not impact surplus renewable energy procurement during 2019-22, ensuring regulatory clarity.

Renewable Energy Certificate | April 03, 2025 | By EI News Network | 207

IEX Sees 24 Percent YoY Growth in September 2024

Indian Energy Exchange achieved 11,370 MU total volume in September 2024, with REC trading rising 100 percent year-on-year. REC prices hit an all-time low at INR 110 per certificate, providing an opportunity for obligated entities to meet Renewable Purchase Obligations affordably.

Renewable Energy Certificate | October 08, 2024 | By EI News Network | 697

GERC Releases Draft Regulations for RE Procurement in Gujarat

GERC has released draft regulations for renewable energy procurement in Gujarat, focussing on strict Renewable Purchase Obligations (RPO), energy storage, and compliance through RECs. Feedback is invited until October 18, 2024, with a public hearing on October 25, 2024.

Renewable Energy Certificate | October 03, 2024 | By EI News Network | 1194