Renewable Energy Certificates to be Valid Until Sold – Power Ministry

Floor and forbearance price limits removed for RECs

September 30, 2021

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The Union Minister of Power R K Singh has approved amendments to the renewable energy certificate (REC) mechanism. According to the new amendments, the REC will remain valid until it is sold. As per the earlier guidelines, the validity of RECs was 1,095 days.

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Rakesh Ranjan

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Renewable Energy Certificates to be Valid Until Sold – Power Ministry

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