CERC Eases Rules to Permit REC Issuance Despite Delays Updated On Wed, Apr 2nd, 2025 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, relaxed existing norms to allow the issuance of Renewable Energy Certificates (RECs) for the Himachal Pradesh State Electricity Board Limited (HPSEBL). The board had earlier approached the central power regulator seeking intervention. The state board alleged it was deprived of RECs due to procedural delays. […] Read more
Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL Updated On Mon, Sep 30th, 2024 by Saurenergy In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […] Read more