Renewable Energy Certificates

Selling RECs

DAM Prices 19 Oct 2021 (Rs./kWh)

  • Average MCP 0.27


  • Peak MCP0.71


  • Non Peak MCP0.12


  • Max MCP0.50


  • Min MCP0.20


Eligible entities are those renewable generators who meet the following criteria

  1. Type of renewable source is approved by MNRE and respective State Commission
  2. Do not have any Power Purchase Agreement (PPA) for the capacity related to such generation to sell electricity at a preferential tariff determined by the appropriate commission
  3. Do not sell electricity generated from the plant, either directly or through trader, to an obligated entity for compliance of the renewable purchase obligation by such entity. (As per the most recent amendment in the regulation)
  4. Do not have agreement to sell electricity to local distribution company at a price not exceeding the pooled cost of power purchase of that distribution company
  5. Sells electricity to the
    1. distribution licensee of the area at a price not exceeding the pooled cost of power purchase of such distribution licensee, OR
    2. to any other licensee or to an open access consumer at a mutually agreed price, or through a power exchange at market determined price. Sells electricity to any entity other than local distribution company at market driven prices or otherwise