The 2026 amendment to the Renewable Energy Certificate (REC) Regulations builds upon the 2022 framework to align India’s renewable energy market with evolving policy goals, including energy transition, corporate decarbonisation, and market-based compliance mechanisms. Issued under the powers of the Electricity Act, 2003, the amendment introduces key definitions, expands eligibility, tightens timelines, rationalises REC multipliers, and integrates modern instruments like Virtual Power Purchase Agreements (VPPAs).
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