Tag: renewable energy certificate mechanism

What is the News? The Union Minister of Power and New & Renewable Energy has given his assent to amendments in the existing Renewable Energy Certificate(REC)  mechanism.  What is the Renewable Energy Certificate (REC) mechanism? The Renewable Energy Certificate (REC) mechanism is a market-based instrument to promote renewable energy and facilitate the compliance of renewable… Continue reading Ministry of Power Redesigns Renewable Energy Certificate (REC) Mechanism