PROCEDURES FOR

IMPLEMENTATION OF
REC MECHANISM

NLDC 1
INDEX

„ MODEL GUIDELINES FOR ACCREDITATION BY

STATE AGENCY

„ REGISTRATION BY CENTRAL AGENCY

„ ISSUANCE OF RECs BY CENTRAL AGENCY

„ REDEMPTION OF RECs

NLDC 2
Schematic for REC Implementation
Procedures

NLDC 3
Model Guidelines / Procedure for Accreditation
Verification Prior
2 to Accreditation

1 3b
Eligible Entity Application for State Agency Intimation of SLDC
Accreditation Accreditation

3a Confirmation of
Accreditation

3c
Intimation of
Accreditation

Central Agency
Procedure for Registration

Eligible Entity State Agency SLDC

6b 6c
Intimation of
Intimation of
Registration
Registration

Application for 4
Registration

Central Agency
6d
Confirmation of
6a Power Exchange
Registration Verification 5
Prior to Intimation of
Registration Registration
Procedure for Issuance

Intimation of
State Agency Issuance

5b
Verification
2
Pre-Condition

3
Regular Injection Central
SLDC Report Agency
Intimation of Meter Issuance of
Reading REC
4
4c
Application for
4b 1 5a
Issuance
Distribution
Licensee

4a
Eligible Entity
Joint Meter
Reading
Procedure for Redemption
Central
Agency

Confirmation
Verification
2 Of REC validity &
Conditions
quantity
(By 15:30)
(by 16:00)

Offer for Sale Bid for Purchase

Eligible 13:00 to 15:00 hrs 13:00 to 15:00 Obligated
Power
Entity Exchange(s) Entity / Buyer
1a 1b

Market Clearance
Intimation of Trade results (Volume & Price)
For Extinguishing REC 3
(By 17:00)

4
Central
Reports
Agency
MODEL GUIDELINES FOR
ACCREDITATION BY STATE AGENCY

NLDC 8
Model Guidelines: Contents

„ Objective
„ Applicability & Scope
„ Step wise description
„ Functions, roles and responsibilities of entities
involved
„ Information requirement – application form & content
„ R
Report:
t fformatt ffor accreditation
dit ti certificate
tifi t
„ Timelines
„ Fees and charges
„ Event of default and consequences thereof
„ Powers to remove difficulties

NLDC 9
Model Guidelines: Applicability & Scope

„ Applicable to all Generating Companies Using RE

sources for g
generation as recommended by
y MNRE.

„ State Commission to designate State Agency to

recommend
d th
the accreditation
dit ti off RE Generators.
G t

„ State Agency to undertake accreditation six months

earlier than from commissioning date.

„ Validity of accreditation: 5 years

NLDC 10
 Model Guidelines: Information Requirement

„ Owner
„ Operator
„ RE Station
„ Connectivity
„ Metering
„ Statutory Clearance
„ General
„ Fees & Charges
„ Declaration

Online generation of Application, print & submit to State Agency along with
enclosures

NLDC 11
Model Guidelines: Timelines, Fees & Charges

„ Timelines:
‰ Undertake accreditation of those g
generatingg facilities which
are proposed to be commissioned within period not
exceeding 6 months from the date of application.
‰ State Agency to inform the applicant with regard to the
incompleteness of the application within 2 working days.
¾ Applicant to respond within 7 working days.

„ Fees & Charges for State Agency

‰ One time application processing fees
‰ One time accreditation charges
‰ Annual charge for accreditation
‰ Accreditation charges for re-validation/extension

NLDC 12
REGISTRATION BY CENTRAL
AGENCY

NLDC 13
NLDC 13
Registration: Applicability and Scope

„ Applicable to all RE Generating companies who have

received the Certificate of accreditation

„ Undertake registration
‰ Not earlier than 3 months prior to proposed date of
commissioning
‰ After receipt of Certificate of Accreditation

„ Validity of Registration: 5 Years

NLDC 14
 Registration: Information Requirement

„ Application for Registration as per the format specified

„ Should contain
‰Owner details
‰ RE Generation Station details
‰ Certificate of Accreditation by the state agency
‰ Generation facility commissioning schedule
‰ Any other relevant information as specified
‰ Non-refundable
Non ref ndable registration fees/charges and ann
annual
al fee/charges
shall be accompanied
‰ Declaration
„ Separate applications in case of multiple RE generation projects

Online
O li generation
ti off Application,
A li ti print
i t & submit
b it to
t Central
C t l Agency
A along
l with
ith
enclosures

NLDC 15
Registration: Time Line

Furnishing the
Central Agency
requested
Application details by the
accompanied applicant
with fees and Grant of
charges Registration
3 Months

2 days
7 days
15 days 15 days

Intimation Process of
regarding Registration
g Payment of
Incompleteness applicable
of application registration
Charges

NLDC 16
Registration: Fees and Charges

„ One time Registration processing fees

„ One time registration Charges

„ Annual charges for Registration

„ Registration Charges for Revalidation/ extension of

validity

NLDC 17
ISSUANCE OF RECs BY CENTRAL
AGENCY

NLDC 18
Issuance of RECs

„ Applicability & Scope

‰ Eligible
g Entities,, who have received ‘Certificate of
Registration’ from the Central Agency
‰ Central Agency while issuing the REC’S to Eligible Entities

„ Information Requirement
‰ Renewable Energy Injection Report
‰ The Registration Number issued by Central Agency
‰ Details of Fee and Charges
‰ Compliance Auditor report, if any
„ Denomination
‰ 1 REC = 1 MWh

NLDC 19
Issuance of RECs: Timelines

„ Eligible Entity to apply for issuance of renewable

energy
gy certificates within three (3)
( ) months of energy
gy
injection

„ The application
Th li ti for
f issuance
i off Renewable
R bl Energy
E
Certificates may be made on a fortnightly basis

„ Central Agency to issue the REC to the Eligible

Entities within fifteen (15) days from the date of
application

NLDC 20
 REDEMPTION OF RECs AFTER
TRADE IN POWER EXCHANGE(s)

NLDC 21
Redemption of RECs

„ Validity of RE Certificates : 365 days

„ Applicable to the Eligible Entity that chooses to place

the RECs for dealing on the Power Exchange(s)

„ Bidding in the Power Exchange(s)

„ Central Agency to verify quantity of valid RECs

available with the concerned eligible entity

„ Extinguishing of the RECs based on the succesful

trades culminated in the Power Exchange(s)
‰ First-in-first-out order for extinguishing

3/19/2010 NLDC 22
Draft Procedures for REC Implementation

„ Available for stakeholder comments on:

‰ www.forumofregulators.org

‰ www.cercind.gov.in

‰ www nldc in /
www.nldc.in www nldcindia in
www.nldcindia.in

‰ www.forumofloaddespatchers.in / www.forumofld.in

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Thank you !!

Email ID:
reccentralagency@powergridindia.com

NLDC 24