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In 2017, PFC was granted approval by the Ministry of Finance, Govt. of India, to raise funds under section 54EC of the Income Tax Act 1961. PFC was the first company to obtain such approval post the budget announcement in February 2017. PFC has raised more 14.7 million dollars under these bonds since their launch in 2017.
Renewable Energy Certificates (RECs), also known as Green tags, Renewable Energy Credits, Renewable Electricity Certificates, or Tradable Renewable Certificates (TRCs), are tradable, non-tangible energy certificates in the United States that represent proof that 1 megawatt-hour (MWh) of electricity was generated from an eligible renewable energy resource (renewable electricity) and was fed ...
REC Limited, formerly Rural Electrification Corporation Limited, is an Indian public sector company which finances and promotes power projects across India. It provides loans to Central/State Sector Power Utilities in the country, State Electricity Boards , Rural Electric Cooperatives, NGOs and Private Power Developers. [ 4 ]
tracks the ownership and status of all certificates, provides access to the STC clearing house, and; maintains various public registers as required by the act. [4] Prior to 1 January 2011, the primary mechanism in the renewable energy target (RET) was the renewable energy certificate (REC). From 1 January 2011 RECs were split into small-scale ...
Rather than one large bond, like a $150 million bond referendum in 2024, the city would consider two issues of debt, like a $75 million bond in 2024 and another in 2028, or three, meaning $50 ...
Reputable eco-friendly electricity labels ensure an ecological benefit in practice. Some reputable labels (like the WWF co-funded German "ok-power" label) also used RECS, but only as a broadly-accepted accounting and tracking system (to register the power plants against double-selling); other labels required direct contracts for delivery with the plant as an alternative.
Oct. 9—On Nov. 7, Greenville voters will give their final verdict on the city's proposed $65 million bond for a new 100,000-square-foot recreation center and a 25,000-square-foot expansion to ...
The will help pay for Cass Holt Road Park, among other projects, across the street from Holly Springs High School.