The CERC has issued the draft CERC (Terms and Conditions for Dealing in Energy Savings Certificates) (First Amendment) Regulations, 2022. As per the draft amendment, the floor price for trading energy saving certificates as mentioned in the energy conservation rules will be fixed at 10 per cent of the price of one metric tonne of oil equivalent of energy consumed as may be notified by the central government in the official gazette for every perform, achieve and trade cycle.
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