The Central Electricity Regulatory Commission (CERC) has issued new forbearance and floor prices for Renewable Energy Certificates (REC). The CERC has announced that the forbearance price of solar RECs will be set to Rs.2,500 (~$37.41)/MWh and the floor price will be Rs.1,000 (~$14.962)/MWh. The forbearance price for non-solar RECs will be set to Rs.2,900 (~$43.39)/MWh and the floor price will be Rs.1,000 (~$14.962)/MWh.