Renewable Energy Certificate Mechanism

Renewable Energy Certificate Mechanism

Central Agency

National Load Despatch CentrePower System Operation Corporation

Ltd.

“Empowering Renewable Energy for a Greener India”

REC Portal Home Page | https://www.recregistryindia.nic.in

Key Highlights:-•Transparent•Accessible pan India•User Friendly•Real Time Data on REC•Single Touch Point for information for RE Generators

Key Highlights:-•Transparent•Accessible pan India•User Friendly•Real Time Data on REC•Single Touch Point for information for RE Generators

A First of Its kind Initiative in India!!A First of Its kind Initiative in India!!

GREEN ATTRIBUTE

GREEN ATTRIBUTE

ELECTRICITYELECTRICITY

RENEWABLE ENERGY

CERTIFICATE

SOLAR CERTIFICATE

NON-SOLAR CERTIFICATE

REC | Key Concept

Energy

Generation

Key Highlights:-•Provides commercial mechanism for promoting renewable Energy•Translates Government Policy to Action•Brings in Investment in the Renewable Sector•Platform for Environmentally concious Individuals and Corporates to Contribute

Key Highlights:-•Provides commercial mechanism for promoting renewable Energy•Translates Government Policy to Action•Brings in Investment in the Renewable Sector•Platform for Environmentally concious Individuals and Corporates to Contribute

39 Projects of 110 MW capacity Accredited

13% of India’s total grid interactive capacity (MW) registered

20,664 RECs purchased by them

MERC has notified Maharashtra Energy Development Agency (MEDA) as State nodal Agency for REC Mechanism

Out of total 763(3894 MW) projects accredited 318 projects (876 MW) accredited by MEDA

Model Mechanism

for Developing Countries

Furthering Goals of National

Action Plan on

Climate Change

Capacity building of

Stakeholders through

workshops

Eliminating Geographical

Disparities

One India

Capability Enhancement

Policy Goals

Role Model

Reduces risks for local

distribution licensee selling

RE

Risk Management

Details of Solar PV Projects Registered :REC issued and Redeemed

Thank You