National Mission on Enhanced Energy Efficiency

The National Action Plan on Climate Change (NAPCC) outlines eight missions including National Mission on Enhanced Energy Efficiency (NMEEE). NMEEE operates under the Bureau of Energy Efficiency (BEE), a statutory body under Ministry of Power, Government of India. NMEEE is an integrated approach for climate30

The Sun is bright in Gujarat

Started with Solar Power Policy (2009), Government of Gujarat has shown keen interest in harnessing Solar Energy. The state of Gujarat shown significant leadership in industrial development and now it is on the verge of becoming highest solar energy harnessing state in the country. The30

India has made its entry into the top 10 clean energy investment

Indian clean energy sector has made its entry into the top 10 clean energy investment list among the G-20 countries. G-20 group solely account for 90% of global clean energy finance and investment in the world. This investment accounts for $ 4 billion in 201030

Booming solar energy market in India

Indian Renewable Energy sector is rapidly growing with the share of total capacity rising from 2% in 2003 to around 10% in 2010. Total installed power generation capacity of Renewable Energy in India is around 18 GW (Ministry of Power). Out of that Wind Energy30

Renewable Purchase Obligations for the State of Maharashtra

Every Obligated Entity should have met its Renewable Purchase Obligations (RPO) target by their own generation or procurement of power from Renewable Energy generator or by the way of Renewable Energy Certificate or by the combination of all.   Obligated entities Grid connected captive Power30

REC Procedures

Pricing of the Renewable Energy Certificates

Each Renewable Energy Certificate (REC) issued shall represent 1 MWh of electricity generated from renewable energy source and injected into the grid. The price of Certificate shall be discovered in the Power Exchange. In between Central Electricity Regulatory Commission will provide information for the floor30

REC Application and Issuance procedures

There is standard procedure from the accreditation to the issuance of REC’s. Trading would be supported by the exclusively assigned Power Exchanges.  Every RE generating entity requires to apply for the accreditation. Next step is application for the registration as an ‘eligible entity’. The certificate30

Renewable Energy Certificates: India

An introduction to Renewable Energy Certificate (REC) mechanism National Action Plan on Climate Change (NAPCC) and EA (Energy Act)-2003  provide a roadmap for increasing the share of renewable energy generation capacity in India (Read complete story). To achieve the target set by the EA-2003 and NAPCC,30