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Daily News Wrap-Up: CERC Extends Eligibility of REC to Captive Projects

Supreme Court upholds generation-based incentives for renewable projects

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The Central Electricity Regulatory Commission (CERC) expanded the scope of the Renewable Energy Certificates (REC) mechanism by allowing more entities, including certain captive power producers, to participate. The Commission’s amendments also introduce new definitions related to renewable consumption and market instruments.

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