Renewable Energy Certificate
Mechanism
Central Agency
National Load Despatch Centre
Power System Operation Corporation Ltd.
“Empowering Renewable Energy for a Greener India”
REC Portal Home Page | https://www.recregistryindia.nic.in
A First of Its kind Initiative in India!!
Key Highlights:• Transparent
• Accessible pan India
• User Friendly
• Real Time Data on REC
• Single Touch Point for information for RE
Generators
REC | Key Concept
GREEN
ATTRIBUTE
RENEWABLE
ENERGY
CERTIFICATE
SOLAR
CERTIFICATE
ELECTRICITY
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
NON-SOLAR
CERTIFICATE
Creation of
Pan India
Market for
RECs
Translating
Govt. Policy
to Action
Sensitised
voluntary
buyers
20,664 RECs purchased by
them
Achievements
Participatio
n from 18
States
4 Million
Hits so far
39 Projects of 110 MW
capacity Accredited
13% of India’s total grid
interactive
capacity
(MW)
registered
Gives
impetus to
Solar
Energy
MERC has notified Maharashtra
Energy Development Agency (MEDA)
as State nodal Agency for REC
Mechanism
Impetus to
Investment in
Renewables
Maharashtra
Energy
Development
Agency (MEDA)
– State Nodal
Agency
Spotlighting
Maharashtra
318 projects
accredited by
MEDA
Out of total 763(3894 MW) projects
accredited 318 projects (876 MW)
accredited by MEDA
Promotes
Clean Energy
in
Maharashtra
Helps
Maharashtra
Fulfill its RPO
Capability
Enhancement
One India
Risk Management
Reduces risks for
local distribution
licensee selling RE
Eliminating
Geographical
Disparities
Capacity
building of
Stakeholders
through
workshops
Role Model
Model
Policy Goals
Mechanism for
Furthering Goals
Developing
of National
Countries
Action Plan on
Climate Change
Details of Solar PV Projects Registered :REC issued and Redeemed
Thank You