REC Transmission Projects Co Ltd, a subsidiary of Rural Electrification Corp, has handed over Vemagiri Transmission System project specific special purpose vehicle to Power Grid Corporation of India Ltd (PGCIL) ...

Rural Electrification Corporation Ltd (REC) has signed a loan agreement worth euro 100 million (around Rs 700 crore) with the German government-owned development bank KfW. The bank agreed to support a ...

The decision of Tamil Nadu's state electricity board (SEB) to raise tariffs by 37% comes as a blessing for power financiers such as Power Finance Corporation (PFC) and Rural Electrification ...

NSE-listed Orient Green Power Ltd today sold 18,500 ‘renewable energy certificates' worth Rs 5.6 crore on the Indian Energy Exchange Ltd, it is learnt. The company, which has about 180 MW ...

Chennai-based Numeric Power Systems has received REC accreditation for one of its two 1 MW solar PV plants in Tamil Nadu. This means Numeric will get market trade-able renewable energy ...

Despite uncertainties surrounding the solar REC scheme, several developers have shown interest in setting up solar projects in Karnataka under the Renewable Energy Certificate (REC) Scheme, the State had announced ...

Amid concerns over compliance with the Renewable Purchase Obligations and muted fresh demand for Renewable Energy Certificates from the ‘obligated entities', January's trading in RECs, which happened on ...

Shares of Power Finance Corp (PFC) and Rural Electrification Corporation Ltd (REC) gained today on reports that the Tamil Nadu Electricity Board ( TNEB) has sought the regulator's approval to ...

REC modules were selected for a 5MW module solar power plant developed by Kanoria Chemicals & Industries Limited ("KCI") which is among the first projects to benefit from the Renewable ...

This month's trading, as of today, in ‘renewable energy certificates' touched a new high, both in volumes and prices. As many as 95,504 RECs were traded on the two exchanges – ...