Central Agency

National Load Dispatch Centre

Power System Operation Corporation Ltd.
Source : MNRE. Data for solar up to 30
th
April, 2012
Source
Potential
(MW)
Total Installed
Capacity (MW)
Wind 45000 17389
Small Hydro
(<25MW)
15000 3401
Biomass 17000 1166
Cogeneration-
Bagasse
5000 1993
Waste 2700 90
Solar >100000 979
Total Installed Capacity
(MW)
25,018
69.51%
13.59%
4.66%
7.97%
0.36%
3.91%
Wind Small Hydro (<25MW)
Biomass Cogeneration-Bagasse
Waste Solar
SOLAR ENERGY MAP OF INDIA
WIND ENERGY MAP OF INDIA
Unevenly Distributed Renewable Resources
National Electricity Policy to aim for optimal utilisation of
resources including renewable resources.
Tariff regulations of Commissions to be guided by promotion of
generation of electricity from RE sources.
SERCs to specify Renewable Purchase Obligations (RPOs).
Regulatory Commissions required to promote the development
of power markets.

NLDC 4
Renewable Purchase Obligations (RPO) 1/2
01-Aug-12 5
Sr. No. State
TOTAL RPO Target
FY11-12
Solar RPO
FY11-12
1 Gujarat 6.0 % 0.50%
2 Uttar Pradesh 5.0% 0.50%
3 Uttarakhand 5.0% 0.50%
4 Jharkhand 3.0% 0.50%
5 Rajasthan 9.5 % 0.50%
6 Bihar 2.5% 0.50%
7 Madhya Pradesh 2.5% 0.40%
8 Goa and UTs 2.0% 0.30%
9 Meghalaya 0.75% 0.30%
10 Chhattisgarh 5.25% 0.25%
11 Manipur 3.0% 0.25%
12 Mizoram 6.0% 0.25%
13 Kerala 3.3% 0.25%
14 Maharashtra 7.0% 0.25%
15 Karnataka 10% 0.25%
16 Nagaland 16.0% 0.25%
17 Andhra Pradesh 5.0% 0.25%
18 Jammu & Kashmir 3% 0.10%
19 Tamil Nadu 14% 0.15%

Renewable Purchase Obligations (RPO) 2/2
6
Sr. No. State
Total RPO Target
FY11-12
Solar RPO
FY11-12
20 Orissa 1.30% 0.10%
21 Assam 1.5% 0.10%
22 Himachal Pradesh 11.10% 0.10%
23 Tripura 1.0% 0.10%
24 Haryana 7.0% 0.0047%
25 Punjab 3.0% 0.03%
26 Delhi 2.0% 0.1%
RE Sources Not evenly distributed across India
inhibits the SERCs of potential deficit states from
high RPO
Potential rich states
Already set higher RPO, still avenues left for new plants
very high cost of generation from RE sources
discourages local DISCOM to purchase beyond RPO
REC to address the mismatch between
availability of RE sources and the requirement
of RPO

The Central Electricity Regulatory Commission
(Terms and Conditions for recognition and issuance of
Renewable Energy Certificate For Renewable Energy
Generation)
Regulations, 2010

GREEN
ATTRIBUTE


ELECTRICITY
RENEWABLE
ENERGY
CERTIFICATE
SOLAR
CERTIFICATE
NON-SOLAR
CERTIFICATE



NLDC 10

Electricity
Component

* Self consumption by CPPs based upon renewable generation are eligible for RECs
RE Generation*
Sale at
Preferential
Tariff
REC Component
Obligated Entities /
Voluntary Buyers
Distribution Company
/ Third Party Sale/
Power Exchange

Obligated Entities
RE Generator
Trading
1 MWh
Grid
Connectivity
Central Agency
State
Agency
REC
Salient Features of REC Mechanism
Self
Consumption/
Captive use
Third party sale/Open
Access
PPA with Distribution
Licensee
No
Promotional
Wheeling
No
Promotional
Banking
No Electricity
Duty Exempt
Sale at Mutually
Agreed Price
PPA at
Preferential
Tariff
PPA at Average
Power Purchase
Cost
Eligible Eligible Not Eligible
Eligible if All Three conditions
mentioned above are met
Grid Connected RE technology approved by MNRE

Non Solar REC
(Rs/ MWh)
Solar REC
(Rs/ MWh)
Forbearance Price 3,300 13,400
Floor Price 1,500 9,300
(w.e.f. April 2012 to FY 2016-17)
Central
Forum of Regulators
Central Electricity Regulatory Commission
Central Agency (National Load Despatch Centre)
Power Exchanges
Compliance Auditors
State
State Electricity Regulatory Commission
State Load Despatch Centre
State Agencies
Eligible Entities
Obligated Entities
NLDC 15
NLDC designated as Central Agency.

The functions of Central Agency includes :
Registration of Eligible Entities
Issuance of Certificate
Maintaining and settling accounts in respect of the certificate
Repository of transactions of certificates and
Any other function incidental to the implementation of REC Mechanism

The NLDC to operationalise REC mechanism has developed
various procedures .
Various activities in these procedures shall be undertaken in the
electronic form to the extent feasible.




Appointment of NLDC as Central Agency
ACCREDITATION
REGISTRATION
ISSUANCE
TRADE &
REDEMPTION
17
Eligible Entity State Agency SLDC
Verification Prior
to Accreditation
Application for
Accreditation
Confirmation of
Accreditation
Intimation of
Accreditation
Intimation of
Accreditation
3a
3c
3b
1
2
Schematic Description: Accreditation Procedure
Central Agency
Application for availing Accreditation by Generating Co. to the Host SA

Application shall contain details of Owner/Operator, Generating Station , Metering,
Connectivity , Statutory, General , fees & charges, Declaration

Separate Application for each RE Generation Project
19
Registration Procedure:
Central Agency

Eligible Entity State Agency SLDC
Power Exchange(s)
Central Agency
Verification
Prior to
Registration
2
Confirmation of
Registration
3a
Intimation of
Registration
3b
Intimation of
Registration
3c
Intimation of
Registration
3d
Schematic Description: Registration Procedure
Application for
Registration
1
Information to be furnished by the applicant
Owner Details, RE Generating Station details, Certificate of Accreditation
Commissioning Schedule, Details of Fee & Charges, Declaration

21
State Agency
SLDC
Distribution
Licensee
Eligible Entity
Central
Agency
Joint Meter
Reading
Application for
Issuance
Verification
Pre-Condition
Intimation of Meter
Reading
Regular Injection
Report
Intimation of
Issuance
Issuance of
REC
1
2
3
4a
4b
4c
5a
5b
23
Obligated
Entity / Buyer
Eligible
Entity
Power
Exchange(s)
Offer for Sale
13:00 to 15:00 hrs
1a
Bid for Purchase
13:00 to 15:00

1b
Central
Agency
Verification
Conditions
(By 15:30)
2
Confirmation
Of REC validity &
quantity
(by 16:00)
Central
Agency
Intimation of
Trade results
For Extinguishing
REC
(By 17:00)
3
Market Clearance
(Volume & Price)
Reports
4


Jammu & Kashmir
Himachal Pradesh
Haryana
Rajasthan
Gujarat
Maharashtra
Tamil Nadu
Chhattisgarh
Uttar Pradesh
Kerala
Punjab
Madhya Pradesh
Uttarakhand
Karnataka
Bihar
Sr.
No.
Source Wise
Capacity
(MW)
Units
1 Wind 1823 474
2
Urban or Municipal
Waste 16 2
3 Solar PV 19 8
4 Small Hydro 166 20
5 Others 2 1
6 Biomass 535 54
7
Bio-fuel
cogeneration 672 62
Total 3232 621
Sr. No. Source Wise
Capacity
(MW)
Units
1
Wind 1589 398
2
Solar PV 18 7
3
Small Hydro 152 18
4
Others 2 1
5
Biomass 520 51
6
Bio-fuel
cogeneration 629 56

Total 2909 531
Sr.No. State RE Generator Capacity (MW)
1 Maharashtra Jaibalaji Business Corporation Pvt. Ltd. 1
2 Madhya Pradesh OMEGA RENK BEARINGS PVT. LTD 0.105
3 Madhya Pradesh M/s Gupta Sons 0.5
4 Maharashtra Jain Irrigation Systems Ltd., 8.5
5 Rajasthan Kanoria Chemicals & Industries Limited 5
6 Tamil Nadu Numeric Power Systems Limited 1.055
7 Madhya Pradesh M AND B Switchgears Limited 2
Total Capacity 18.16
532
4503
28270
27090
30224
31813
74612
126544
135697
88055
102348
200736
203819
122369
230697
248165
0
50000
100000
150000
200000
250000
300000
N
o
.

o
f

R
E
C

i
s
s
u
e
d

Montly REC Issuance
Montly REC Issuance
Power Exchange wise details of Monthly REC Trading Sessions

Bid Details
(No. of RECs)
Market clearing Volume
(No. of RECs)
Value of Transcations
(Rs. Lakhs)
Buyers- Sellers
Month Sale Bid Buy Bid IEX PXI Total
IEX

PXI

Total

No. of
sellers
No. of
Buyers
Mar, 2011 424 70701 150 274 424 6 6 12 1 3
Apr, 2011 4611 260 260 0 260 4 0 4 1 3
May, 2011 20465 18502 14002 4500 18502 210 68 278 5 7
Jun, 2011 21331 82002 15902 483 16385 239 7 246 7 7
Jul, 2011 44776 96269 14668 3900 18568 228 60 289 14 23
Aug, 2011 49897 183304 22096 3000 25096 398 51 449 14 34
Sept, 2011 85588 227012 41385 4977 46362 952 114 1066 21 68
Oct, 2011 135424 235401 92303 3201 95504 2492 96 2588 34 77
Nov, 2011 155917 278460 96154 9373 105527 2788 262 3051 47 86
Dec, 2011 180336 285272 105942 5679 111621 3125 168 3293 65 85
Jan, 2012 192682 432500 165460 6064 171524 5048 185 5233 80 119
Feb, 2012 234202 389263 190482 15706 206188 5840 479 6319 110 171
Mar, 2012 231312 323767 192354 7383 199737 5578 229 5807 109 264
Apr, 2012 132686 263913 62277 8949 71226 1371 197 1568 44 36
May, 2012 275478 366973 153130 15555 168685 3679 335 4014 99 87
Jun, 2012 361254 359067 223836 13333 237169 5411 329 5740 98 112
Total 1390401 102377 1492778 37369 2586 39955
Prices Discovered (Rs/ REC)
* Prices discovered at IEX
3900
1500 1500 1500
1555
1800
2300
2700
2900
2950
3051 3066
2900
2201
2402
2402
0
2000
4000
6000
8000
10000
12000
14000
Mar,
2011
Apr,
2011
May,
2011
Jun,
2011
Jul,
2011
Aug,
2011
Sept,
2011
Oct,
2011
Nov,
2011
Dec,
2011
Jan,
2012
Feb,
2012
Mar,
2012
Apr,
2013
May,
2012
Jun,
2012
R
s
/

R
E
C
-
-
-
-
-
>

Solar Price
Non solar Price
13000
12750
Value of RECs Sold (Rs Lakhs)
12 4
278
246
289
449
1066
2588
3051
3293
5233
6319
5807
1568
4014
5740
0
1000
2000
3000
4000
5000
6000
7000
Mar,
2011
Apr,
2011
May,
2011
Jun,
2011
Jul,
2011
Aug,
2011
Sept,
2011
Oct,
2011
Nov,
2011
Dec,
2011
Jan,
2012
Feb,
2012
Mar,
2012
Apr,
2013
May,
2012
Jun,
2012
R
s

L
a
k
h
s

-
-
-
-
-
-
>

Value of REC transctions (Rs Lakhs)
Total Transactions ~ Rs 400 Crores
Solar ~ 45 lakhs

www.recregistryindia.in
www.cercind.gov.in
www.forumofregulators.gov.in
www.mnre.gov.in
www.iexindia.com
www.powerexindia.com



NLDC
36