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Government Issues Terms to Designate Renewable Energy Implementing Agencies

Companies must have a net worth above ₹5 billion and a long-term credit rating of A or above

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Indian companies registered under the Companies Act, 2013, and holding a valid Category-I electricity trading license are eligible to become renewable energy implementing agencies (REIA) if they have a net worth exceeding ₹5 billion (~$58.24 million) and a long-term credit rating of A or above. The net worth must exclude revaluation reserves.

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