Indian Wind Energy Association (IWEA) and Indian Wind Turbine Manufacturer Association (IWTMA) have already appealed against the state government on non-purchase of the obligatory Renewable Energy Certificates (REC). So far the state government are getting away with REC, as they are supposed to buy renewable power. This has put larger Investment in wind power sector in trouble as REC's made many renewable projects viable. Any amount of suasion from MNRE has failed and MNRE has asked it to be a party in their appeal to implead against the state governments.
- Category: Industry Overview