Power Line Rewind

RECs Launched

At a time when the Ministry of Power has decided to redesign the renewable energy certificate (REC) mechanism to reflect the ongoing transition in the sector, we revisit a story from November 2010 when the REC mechanism was introduced by the government. Over the last decade, RECs have emerged as a vital tool to meet the RPO targets and going forward too, they are likely to play a key role in accelerating the country’s shift to renewables. […]