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[QUOTE=ijt.jency;299954][B][U]Name of the Organization  [/U][/B]: Renewable Energy Certificate [REC] Registry of India
[B][U]Type of Facility  [/U][/B]: Steps For Renewable Energy Certificate 
[B][U]Location  [/U][/B]: India

[B][U]Website  [/U][/B]: [URL]https://www.recregistryindia.nic.in/index.php/general/publics/index[/URL]

[B][U]Renewable Energy Certificate [REC]  [/U][/B]:
The Electricity Act, 2003, the policies framed under the Act, as also the National Action Plan on Climate Change (NAPCC) provide for a roadmap for increasing the share of renewable in the total generation capacity in the country.However, Renewable Energy (RE) sources are not evenly spread across different parts of the country

[B][U]Steps For REC [/U][/B]:
The basic procedure for accreditation of the RE generation project shall cover following steps

[B][U]Step-1 [/U][/B]: [COLOR=#ff0000][B][U]Accreditation:[/U][/B][/COLOR]
An application for availing accreditation shall be made by the generating company to the host State Agency, as defined under Clause 2(1) (n) of the CERC REC Regulations.

[B][U]Step-2 [/U][/B]: [COLOR=#ff0000][B][U]Registration:[/U][/B][/COLOR]
An application for availing registration shall be made by the RE Generating Company to the Central Agency, as defined under Clause 2(1) (b) of the CERC REC Regulations

[B][U]Step-3 [/U][/B]: [COLOR=#ff0000][B][U]Issuance of REC:[/U][/B][/COLOR]
An application for issuance of Renewable Energy Certificate shall be made by the Eligible Entity to the Central Agency

[B][U]Step-4 [/U][/B]: [COLOR=#ff0000][B][U]Redemption of REC :[/U][/B][/COLOR]
The Eligible Entity shall place for dealing of renewable energy certificates, both 'Solar' and 'Non-Solar' Certificates, on any Power Exchange authorised to deal in renewable energy certificates by CERC.

[B][U]Apply Online [/U][/B]:
To apply online, Sign up

[B][U]Check List For Registration Application [/U][/B]:
1. Hard copy of online Registration application signed and stamped on each page.
2. Accreditation Certificate.
3.Commissioning Certificate/ Commissioning Schedule.
4.Applicable clauses of the declaration given in online application that it has not entered into any Power Purchase Agreement at preferential tariff on the letter head of the company.
5.Fees and Charges.
6. Letter for authorised signatory if application is not signed by MD/CEO.

[B][U]Note [/U][/B]:
All RE Generators are requested to furnish complete documents as mentioned in the check list given on website.
If any information is found missing and asked by Central Agency to furnish then it shall be routed through concerned State Agency to Central Agency .

[B][U]Check List For Issuance [/U][/B]:
After applying online for issuance of RECs, RE Generators are required to furnish following documents in hard copy to the Central Agency.

1.Print out of online energy injection report signed and stamped by authroized signatory (as mentioned during registration).
2.Copy of SLDC injection report.
3.Fees and charges details.
4. Commisioning certificate, only if applying for the 1st time after registartion.

[B][U]Note [/U][/B]:
Energy injection report will be procesed by Central Agency only after aforementioned documents are recived in hard copy.

[B][U]Fee [/U][/B]:
All RE Generators are requested to pay fees & charges related to Registartion/Issuance inclusive of service tax  AT 12.36% with immediate effect :

[B][U]1. The details of fees and charges of REC payable to Central Agency are as under [/U][/B]:
[B][U]Registration Charges [/U][/B]:

[TABLE="class: MsoNormalTable, width: 73"]
[TR]
[TD]    [B][U]Sr.No[/U][/B][/TD]
[TD="width: 29%"][B][U][FONT=&amp]Fee and   Charges towards Registration[/FONT]
[/U][/B][/TD]
[TD="width: 23%"]   [B][U][FONT=&amp]Amount   in [/FONT]Rs.[/U][/B][/TD]
[TD="width: 35%"]   [B][U][FONT=&amp]Amount   including Service @ 12.36% [/FONT]Rs.[/U][/B][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]1.[/FONT][/TD]
[TD="width: 29%"]   [FONT=&amp]Application   Processing Fees (One Time)[/FONT][/TD]
[TD="width: 23%"]   [FONT=&amp]1,000[/FONT][/TD]
[TD="width: 35%"]   [FONT=&amp]1,124[/FONT][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]2[/FONT][/TD]
[TD="width: 29%"]   [FONT=&amp]Registration   Charges (One Time)[/FONT][/TD]
[TD="width: 23%"]   [FONT=&amp]5,000[/FONT][/TD]
[TD="width: 35%"]   [FONT=&amp]5,618[/FONT][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]3[/FONT][/TD]
[TD="width: 29%"]   [FONT=&amp]Annual   Charges[/FONT][/TD]
[TD="width: 23%"]   [FONT=&amp]1,000[/FONT][/TD]
[TD="width: 35%"]   [FONT=&amp]1,124[/FONT][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]4[/FONT][/TD]
[TD="width: 29%"]   [FONT=&amp]Revalidation   Charge at the end of five (5) years[/FONT][/TD]
[TD="width: 23%"]   [FONT=&amp]5,000[/FONT][/TD]
[TD="width: 35%"]   [FONT=&amp]5,618[/FONT][/TD]
[/TR]
[/TABLE]
  
[B][U]Issuance Charges (Service tax  AT 12.36% will be applicable on total amount) [/U][/B]:

[TABLE="class: MsoNormalTable, width: 54"]
[TR]
[TD][B][U]Sr.No. [/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Fee and   Charges towards Issuance of REC[/FONT][/U][/B][/TD]
[TD="width: 32%"]   [B][U][FONT=&amp]Amount   in Rs[/FONT][/U][/B][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]1.[/FONT][/TD]
[TD]   [FONT=&amp]Fees   per Certificate[/FONT][/TD]
[TD="width: 32%"]   [FONT=&amp]04[/FONT][/TD]
[/TR]
[/TABLE]
  
[B][U]All fees and charges shall be payable by way of Electronic Clearing System (ECS) only and Payment shall be made as per the details given below [/U][/B]:

[TABLE="class: MsoNormalTable, width: 100"]
[TR]
[TD]    [B][U]Sr.No. [/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Name of   the Account Holder[/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Account   No[/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Account   Type [/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Bank   Name[/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]Branch   Name and Code[/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]IFSC   Code [/FONT][/U][/B][/TD]
[TD]   [B][U][FONT=&amp]PAN of   POSOCO[/FONT][/U][/B][/TD]
[/TR]
[TR]
[TD]   [FONT=&amp]1.[/FONT][/TD]
[TD]   [FONT=&amp]NLDC   REC FEES & CHARGES[/FONT][/TD]
[TD]   [FONT=&amp]931764650[/FONT][/TD]
[TD]   [FONT=&amp]Current   Account[/FONT][/TD]
[TD]   [FONT=&amp]Indian   Bank[/FONT][/TD]
[TD]   [FONT=&amp]Mehrauli   Institutional Area & 943[/FONT][/TD]
[TD]   [FONT=&amp]IDIB000M089[/FONT][/TD]
[TD]   [FONT=&amp]AAFCP2086B[/FONT][/TD]
[/TR]
[/TABLE]
  
[COLOR=#006400][I][B]For Further Information, Kindly Visit the Official Website.[/B][/I][/COLOR][/QUOTE]

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