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Cabinet Approves Sale Of Government’s Stake In REC To Power Finance Corporation

By : Sustainability ..., Dec 7, 2018

The cabinet approved the sale of government’s entire 52.63 percent in power sector financier REC Ltd. to state-run peer Power Finance Corporation Ltd. as it looks to mop up funds through such a...

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Green certificates sales down 32 per cent on power exchanges in June

By : Sustainability ..., Jun 29, 2018

Sale of renewable energy certificates has declined by about 32 per cent...

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REC commits $1 million to International Solar Alliance

By : sustainabilityo..., Jun 5, 2018

State-run power sector financier Rural Electrification Corporation (REC) today announced its commitment of USD 1 million to International Solar Alliance (ISA). 

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Power exchange IEX today said - Total of 7.18 lakh renewable energy certificates (RECs) traded in May.

By : sustainabilityo..., Jun 1, 2018

"In the trading session held on May 30 2018, the Indian Energy Exchange (IEX) saw total trade of 7.18 lakh RECs comprising 3.24 lakh non-solar and 3.94 lakh solar RECs," it said in a statement...

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Green certificates sales on power exchanges up 42 per cent in April

By : sustainabilityo..., Apr 27, 2018

Sales of renewable energy certificates (RECs) jumped 42 per cent in April to 10.62 lakh units on the Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) compared to 7.46 lakh in the...

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Subject Tags: industry news , REC

J-K Cabinet approves setting up of JK Renewable Energy Corporation

By : sustainabilityo..., Apr 26, 2018

The Jammu and Kashmir cabinet today approved setting up of Jammu and Kashmir Renewable Energy Corporation. 

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Subject Tags: REC

Green Energy Association to move to Supreme Court against APTEL's order on Renewable Energy Certificates

By : sustainabilityo..., Apr 17, 2018

Industry body Green Energy Association today said it will move the Supreme Court against the tribunal APTEL’s order which upheld power regulator CERC’s ruling reducing forbearance and floor...

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Record trade in non-solar renewable energy certificates

By : sustainabilityo..., Dec 28, 2017

The Renewable Energy Certificate trading session of December 27 at the India Energy Exchange (IEX) saw a record high number of non-solar certificates being traded.

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REC sets sights on foreign markets to boost revenues

By : sustainabilityo..., Nov 10, 2017

REC implements India’s flagship programme to electrify rural areas under Deendayal Upadhyaya Gram Jyoti Yojana and ‘Saubhagya’ scheme, which aims to provide last-mile connectivity to rural...

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REC may fund Indian Railways’ drive to electrify entire network

By : sustainabilityo..., Nov 7, 2017

The Indian Railways may rope in state-owned Rural Electrification Corporation (REC) to fund its ambitious plan to electrify the entire network by 2021-22. The corporation is likely to lend the...

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Subject Tags: electrification , REC