Electricity produced by Renewable Energy (RE) sources may conceptually be split into the pure electricity component and the “green” component. The “green” component is called as a Renewable Energy Certificate (REC). One REC is equivalent to one megawatt hour of electricity generated from renewable energy sources. Generators of renewable energy have the option of selling the electricity along with the green component or selling only the pure electricity component and selling the RECs separately.
Renewable energy project developer has to accredit its project with the State agency. State Electricity Regulatory Commission (SERC) has designated a nodal agency in each state for the REC accreditation and other assigned work. Please click here to view the list of state agencies. In the process of accreditation, RE project developer (applicant) has to submit all the required documents to the State Agency. State agency verifies if all the criteria for the accreditation as specified by SERC/ CERC are fulfilled. Please click here and here to know more about REC mechanism and various procedures involved in it.
The process of accreditation starts with the collection of necessary documents such as Certificate of registration, PAN number, Article of Association (AoA), Memorandum of Association (MoA), Net worth of the company certified by CA, Audited financial statement of the company, Land ownership document, Grid connectivity permission letter received from DISCOM, Commissioning certificates received from state DISCOMS, Copy of Power Purchase Agreement, Energy Wheeling Agreement and Open Access permission letter (In case of third part sale), Metering details, Critical equipment details, etc. In addition, various undertaking documents have to be provided in the prescribed format given by the state agency.
With all these details, RE project developer (applicant) has to apply for the accreditation online using REC registry website. Dully filled application form with the enclosures (various documents as mentioned in the previous paragraph) need to be submitted to State nodal agency. Following portion of this article outlines various sections have to be filled in the said web based application form.
Renewable energy project owner details
Renewable energy project operator details
Electricity/Power Station Details
Commissioning and other details
Connectivity with Concerned Licensee
Details of Fee & Charges
Information Source: REC regulations by CERC, REC registry website
If you ask people what is that one thing they would like to have in their life. For many of… Read More
As the world gravitates towards more sustainable transport options, electric scooters are gaining popularity fast for being easy to maneuver… Read More
Permeable fabrics that have the capability to separate, filter, reinforce, protect, or drain when used in association with soil are… Read More