A business case for renewable energy certificates for Indian companies to meet RE100 targets

A business case for Renewable Energy Certificates (RECs) for Indian companies to meet RE100 targets focuses on RECs as a sourcing option and how its potential can be maximised in the Indian market. This report recognises the challenges in the current REC regime. It also reviews the reforms proposed by the Ministry of Power to address some issues like validity, price bands, REC issuance period and bilateral trading which can enhance the market growth of RECs.