Forbearance Price And Floor Price

Till june 30 2021.

Forbearance price and floor price.

Above forbearance price and floor price fixed in the said order shall be effective from 01 07 2020 and shall remain in force till 30 06 2021 or until further orders of the hon ble commission. The floor price has been determined keeping in view the basic. Directions of hon ble commission on the amount already deposited are awaited and shall be dealt with according to such directions. The new floor and forbearance prices are given below.

The honorable cerc published the final order on revised price bands for recs which will be valid from july 1 2020 onwards and shall remain in force till june 30 2021 or until further orders of the commission. Forbearance price 3 000 2 400 floor price 1 000 1 000 the differential amount of rs 500 per non solar rec deposited with the hon ble commission shall be discontinued. Recently the commission has removed the rec floor price against its prevailing floor price of rs 1 000 and has also reduced the forbearance price from rs 2 400 for solar recs and from rs 3 000 per rec for non solar recs to rs 1 000. Further hon ble commission hold that the forbearance price and floor price decided in this order for.

The forbearance price has been derived based on the highest difference between cost of generation of re technologies re tariff and the average power purchase cost of 2009 10 for the respective states. Now the revised prices will be effective from july 1 2020 and will be valid for 1 year i e. This represents a drastic read more. The commission has followed a two way approach for the determination of forbearance price and a floor price of non solar recs.

The forbearance price has been derived based on the highest difference between the cost of generation of re technologies re tariff and the average power purchase cost of 2018 19 for the respective states. So they put forth t. The forbearance price and floor price of solar recs were based on solar tariff discovered through competitive bidding and published by the ministry of new and renewable energy mnre up to february 2017. Most people often find difficult to understand the meaning of above two words.

But know that this is the trading price of rec renewable energy certificate at cerc central electricity regulatory commission approved exchanges.