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Analysis of Indian Renewable Energy Certificate (REC) Market
www.iitk.ac.in1 Analysis of Indian Renewable Energy Certificate (REC) Market S.K.Soonee1, V.K.Agrawal2, A.Mani3, Minaxi Garg4 and Satya Prakash5 Recognizing the importance of energy security for Abstract — India’s grid connected installed capacity as on 30th, June, 2012 was about 205 GW with renewable capacity of about 25 GW which constitutes about 12% of