Green Certificates

65% Grade A office space in India's top 7 cities green-certified: Vestian

Southern cities such as Bengaluru, Chennai, Hyderabad comprise 58% of India's total green building stock, says the consultancy

Green certificates trade to resume on IEX, PXIL from Wednesday

Renewable Energy Certificate or green certificate trades were suspended in July 2020

GIFT City gets green certification from Indian Green Building Council

Gujarat International Finance Tec City (GIFT City) was awarded the green cities 'platinum' certification by CII's Indian Green Building Council (IGBC). GIFT City is India's first Greenfield Smart City to achieve the IGBC Green Cities Platinum rating, a release by the GIFT city said. Gift city officials said that till now buildings have received green certificates but this is the first entire city to get such ratings. IGBC recognises several initiatives adopted in the project which include integrated land use, compact city development, 35 per cent public green & open spaces, substantiate housing, transit-oriented development with BRTS, Metro rail connectivity, 100 per cent road network with streetscape and 100 per cent green buildings mandate in the city. "GIFT City's vision on smart urban development factors in sustainability, being an integral feature of the city with consideration for social, economic and environmental impact, Gift city MD and Group CEO Tapan Ray was quoted as ..

Green certificates trading shrinks to 920,000, 6 mn inventory piles up

RECs piled up till March-end due to a halt in trading

Sales of green certificates down 10% to 504,000 units in December

Under the renewable purchase obligation, bulk purchasers like discoms, open access consumers and capacitive users are required to buy certain proportion of RECs

Green certificate sales down 2.25% to 6.87 lakh in Oct on low supply

IEX data showed that both non-solar and solar RECs continued to see low supply situation, with buy bids exceeding sell bids due to low inventory

Renewable energy certificate sales down 22% to 698,000 units in June

IEX data showed that both non-solar and solar RECs continued to see low supply situation, with buy bids exceeding sell bids due to low inventory

Green certificate sales up 58% to 17.45 lakh in April-September

However, the sale of renewable energy certificates in September this year has dipped to a four-month low of 2.06 lakh

Green certificate sales surge 157% to 4.68 lakh in June

Power distribution companies as well as open access and captive consumers are under obligation to buy renewable energy certificates