CERC fixes fees for REC mechanism

The Central Electricity Regulatory Commission (CERC) has notified the fees and charges payable by renewable energy (RE) generating companies to the National Load Despatch Centre (NLDC) for their registration and the subsequent issue of Renewable Energy Certificates (REC), as well as for accreditation with the state agencies. These fees and charges, which will be reviewed by the Commission after three years, have been listed below:

Fees and charges for registration

 --Applications for registration of the RE generating companies as ‘Eligible Entity’ for their generation projects shall be made to the NLDC with a non-refundable ‘One-time Application Processing Fees’ at the rate of Rs 1,000 per application.

 --Besides, ‘One-time Registration Charge’ at the rate of Rs 5,000 per application will applicable once the registration is granted by the NLDC.

 --The Eligible Entity shall also pay an ‘Annual Charge’ at the rate of Rs 1,000 per application by April 10 of each year.

 --The Eligible Entity shall pay charges towards Revalidation/Extension of Validity at the rate of Rs 5,000 per application.

Fees for issuance of REC 

 --The application for issue of REC shall be accompanied by a fee payable at the rate of Rs 10 per Certificate only.

Fees & charges for accreditation of RE projects with state agencies

 --An application for such accreditation shall be accompanied by a non-refundable ‘One- time Application Processing Fees’ at the rate of Rs 5,000 per application.

 --The Eligible Entity shall pay the ‘One-time Accreditation Charge’ at the rate of Rs 30,000 per application once the ‘Certificate of Accreditation’ is granted by the state agency.

 --The Eligible Entity shall also pay an ‘Annual Charge’ at the rate of Rs 10,000 per application by April 10 of each year.

 --The Eligible Entity shall pay charges towards Revalidation/Extension of Validity at the rate of Rs 15,000 per application.