NEW DELHI: The Central Electricity Regulatory Commission (CERC) on Monday notified regulation on renewable energy certificate (REC) to promote renewable sources of energy and development of market in electricity.
As per the regulation, it has been proposed that there will be a central level agency to be designated by the Commission for registration of renewable energy generators participating in the scheme.
The generators will have two options – either to sell the renewable energy at preferential tariff fixed by the concerned electricity regulatory commission or to sell the electricity generation and environmental at tributes associated with renewable energy separately.
Source: ET
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