M And B Switchgears Limited annunced that the Company has been issued 249 Renewable Energy Certificates (REC) by National Load Dispatch Centre (NLDC). The Company has become the first company in India to receive Solar REC. These REC's are likely to be treated in power exchanges on May 30, 2012, within a price band of Rs.9300/- to Rs.13400/- per REC.
