TAG: " Renewable Energy Certificate "

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CERC Proposes INR 245/MWh Buyout Price for Renewable Consumption Obligation Compliance

CERC has proposed a INR 245/MWh buyout price as an alternate RCO compliance option, linking future rates to 105 percent of average REC prices, inviting stakeholder feedback by November 21, 2025.

Renewable Energy Certificate | October 31, 2025 | By EI News Network | 783

IEX Green Market Achieves 17.7 Percent YoY Growth in Q2 FY26

Indian Energy Exchange (IEX) posted a 17.7 percent YoY rise in Green Market volumes to 3,040 MU in Q2 FY26, while trading in Renewable Energy Certificates (RECs) fell 29.8 percent to 44.22 lakh.

Renewable Energy Certificate | October 06, 2025 | By Mrinmoy Dey | 1151

MoP Issues Revised RCO Framework to Boost Renewable Energy Compliance

The Ministry of Power has issued a revised Renewable Consumption Obligation draft, inviting stakeholder comments by 19 August 2025 to enhance compliance and accelerate India’s renewable energy transition under the Energy Conservation Act.

Renewable Energy Certificate | August 09, 2025 | By EI News Network | 1762

CERC Drafts Guidelines for Virtual Power Purchase Agreements to Boost RE Consumption

CERC has proposed guidelines for Virtual Power Purchase Agreement, which will enable designated consumers to meet renewable energy consumption obligation targets. This is expected to support India’s 500 GW clean energy mission.

Renewable Energy Certificate | May 25, 2025 | By EI News Network | 1949

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 | 922

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 | 1204

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 | 2360