The Central Electricity Regulatory Commission (CERC) has issued suo-moto order on determination of fee and charges payable under regulation 15 of the CERC (Terms and Conditions for Recognition and Issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2022.
The commission examined the proposal submitted by the central agency for the determination of the fees and charges payable by the eligible entities for accreditation, registration, issuance of renewable energy certificates (RECs) and other matters connected therewith. The commission has directed fees and charges applicable to the service of central agency, wherein it has set one‐time registration processing fees and annual charges for registration at Rs 10,000; one time registration charges at Rs 25,000; and Rs 5 per certificate as fees for issuance of certificate. Further, the commission has approved fees and charges applicable for the services of the RLDCs, wherein one‐time accreditation processing fees and annual charges for accreditation have been set at Rs 10,000; and one-time accreditation charges have been set at Rs 30,000. The fees and charges as approved by the commission will be payable by the eligible entities participating in the REC mechanism.