1. REC Framework in India Ranjeet Singh Research Associate, Regulatory Affairs WISE, Pune
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3. Basics of REC (1/3) RE Power Generation Environmental Attribute Power Generation REC REC= 1MWH RE Generation feed to grid
4. Basics of REC (2/3) Environmental Attribute REC Solar REC Non-Solar REC
5. Basics of REC (3/3) RE Power Generation Environmental Attribute Power Generation Sale at Market determined price Sale at Av. Pooled price of power procurement
8. Eligible Entity Central Agency Power Exchange SLDC Distribution Utility State Agency App. for Accreditation App. For Registration App. For Issuance Intimation of Registration Intimation of Issuance Intimation of Accreditation Intimation of Joint Meter Reading Joint Meter Reading Joint Meter Reading Offer for Sale Bid for Purchase Trade intimation
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10. Accreditation of REC by State Agency Eligible Entity SLDC Central Agency State Agency App. for Accreditation Intimation of Accreditation Intimation of Accreditation Intimation of Accreditation Distribution Utility
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14. Registration of REC by Central agency Eligible Entity Central Agency State Agency SLDC Power Exchange App. for Registration Intimation of Registration Intimation of Registration Intimation of Registration
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17. Issuance of REC by Central agency Eligible Entity Central Agency State Agency SLDC Distribution Utility App. for Issuance Intimation of Issuance Intimation of Issuance Intimation of Issuance Injection report Injection report Joint meter reading Joint meter reading
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20. Redemption of REC by Central agency Eligible Entity Power Exchange Obliged Entity Central Agency Bid for sale of REC Bid for purchase of REC 13.00-15.00 hrs . 13.00-15.00 hrs . Trade intimation 15.30 hrs . REC Confirmation 16.00 hrs . MCP and MCV 16.00-17.00 hrs .
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