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APTEL Allows Transfer of RECs to New Owners of a Bagasse-Based Power Project

After taking over Hasanpur Sugar Mills, Magadh Sugar was denied the transfer of RECs by CERC

May 25, 2021

/ Rahul Nair
/ Other, Renewable Energy
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The Appellate Tribunal for Electricity (APTEL) passed an order directing the Power System Operation Corporation (POSOCO) and the Bihar Renewable Energy Development Agency to allow the registration and accreditation of the renewable energy certificates (RECs) to the new corporate entity after a change in ownership.

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Rahul Nair

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