An order on draft paper given to the Central Electricity Regulatory Commission (CERC) on lowering the floor price for these renewable energy certificates (RECs) is expected by November-end.
M&B Switchgears Ltd has been in the business of putting out solar power plants , and this has performed in the last financial year, says Vikalp Mundra, director, M&B Switchgears Ltd. The company's 12 MW solar plant will start generating power by July 15.