Renewable Energy Certificates (RECs) are a mechanism for incentivicing producers of electricity from renewable energy sources. The relevant regulations have been put in place by the Central Electricity Regulatory Commission (CERC). Producers (minimum capacity 250 kW) who have a metered facility, and enjoy no concessions or benefits, can apply for accreditation with the state agency. Once they are accredited, they can register with the national agency -- National Load Dispatch Centre (NLDC). The registered generators can then obtain RECs for each MWh of electricity generation. The energy generation details are provided to the national agency by the State Load Dispatch Centre (SLDC). The entire processing, from application, accreditation, registration, to uploading of energy generation details, is handled online with the software available at the website of REC Registry - www.recregistryindia.nic.in.
ANERT is the state agency in Kerala for accrediting power generators from renewable energy sources under the Renewable Energy Certificate mechanism.
The summary of applications received by ANERT for accreditation are as follows:
|S/N||Name of Generator||Project and Capacity||Accreditation Status||Registration status||Remarks|
|1.||INDSIL HYDROPOWER AND MANGANESE LTD.||Kuthungal Phase I & Phase II Small Hydro Project -
|Registered from 16-Jan-2012,
|Became ineligible for REC from 31-Mar-2016, as per the 4th amendment regulation|
|2.||PHILLIPS CARBON BLACK||Brahmapuram, Karimughal - Co-generation Captive Power Plant -
|Kept pending on request of Generator||--||--|
|3.||SREE SAKTHI PAPER MILLS LIMITED||Aluva - Biomass with less than 15% fossil fuel -
|Accredited from 16-Nov-2012||Registered from 12-Dec-2012||Not functional|
|4.||VIYYAT POWER||Iruttukanam Small Hydel Power Station -
|5.||HINDALCO INDUSTRIES Ltd.||Alupuram Works, Kalamassery; Solar CGP -
|Accredited from 25-Jun-2016||Registered from 29-Jun-2016||--|
The summary of accredited and registered RE generators are also listed on the REC Registry India website.
The RECs can be bought and sold on any of the power exchanges of India. Currently there are three power exchanges in India:
- India Energy Exchange Ltd., Delhi
- Power Exchange India Limited, Mumbai
- Hindustan Power Exchange Ltd.
CERC REC Regulations 2022 dated 9-May-2022:
- CERC (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022
- SOR dated 11-Jun-2022
- Notification of its effective date as 5-Dec-2022
CERC Regulation on RECs (incorporating 4 amendments up to 2016) - repealed by Regulation dated 9-May-2022 (w.e.f. 5-Dec-2022)