Non-Solar RECs Issued on or After April 1, 2017 to be Sold at a Floor Price of ₹1,000
APTEL had dismissed the petition against the issue of new forbearance and floor prices for solar and non-solar RECs
May 29, 2018
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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.