regenerator landing page
TRANSCRIPT
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Self Retention of RECs
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REC Regulations- Self-Retention of RECs
• An RE Generator permitted to retain the certificates for offsetting its renewable purchase obligation(RPO) as a consumer subject to certification and verification by the concerned State Agency
• RE generator shall not be permitted to retain the certificates for offsetting RPO of its group companies as a consumer.
• RE generator can retain RECs for its RPO on consumption units located in different States.
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Procedure for Self retention of RECs
The Eligible Entity interested in retaining their Renewable Energy Certificates may apply to the host State Agency, where the eligible entity is located.
The eligible entities may apply online from 1st to 5th of every month and mention the quantity of RECs for which they want to retain and the name of their plant and the State for which the eligible entity wants to retain RECs.
Subsequently, the eligible entity is required to submit the hard copy of the application signed and stamped to the host State Agency in such a way so that it shall reach the office of state host agency latest by 9th of every month.
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Procedure for Self retention of RECs
The host State Agency shall check the proposed volume for each eligible entity against the quantity of valid RECs for that entity for both “Solar‟ and “Non-Solar‟ Certificates by 15th of the every month.
The State Agency shall send the final list of certificates to be retained for eligible entities to the Central Agency for extinguishing of the RECs.
The certificates will be extinguished by the Central Agency in the “First-in-First-out” order by 22nd of the every month.
The State Agency shall issue the certificate of purchase to the eligible entities.
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Steps for Self Retention of RECs
• RE Generator applies for retention of REC through REC software.
• State Agency verifies the application.
• State Agency approves the application.
• Central Agency redeem the RECs.
• State Agency issue the Certificate of Purchase to RE Generators.
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Help Manual for RE Generators for Self Retention of RECs
Disclaimer: The data shown in Help Manual are only the test cases and these are not based on real time data
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RE Generator’s Home Page after successful login
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Apply for Self Retention of RECs
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Apply for Retention of RECs- submit the retention details against each buyer
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Add Buyer Details
Apply for Self Retention of RECs - Add buyers details
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List of Buyers added
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Apply for Retention of RECs- submit the retention details against each buyer
(Hard copy of application submitted online with signature of the authorised signatory and stamp of the Company to be submitted to the concerned State Agency)
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Details of submitted Application- provision for update, if any
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Download the Certificate of Retention after approval of application by State Agency and Central Agency
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Click to print Certificate
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Help Manual for State Agencies for approval of applications for Self Retention
of RECs
The online module for self-retention shall be active from 9th -15th of Every Month for State Agency
Disclaimer: The data shown in Help Manual are only the test cases and these are not based on real time data
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State Agency Normal User
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Details of submitted Application
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Normal User-Verification/rejection of submitted application*
* RE Gen. has to submit the hard copy of application submitted online with signature of the authorised signatory and stamp of the Company to the State Agency
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Normal user- details of application verified
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Normal user- may unverified the details earlier verified, if need arises
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State Agency Advance User- Home page
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State Agency Advance User- pending application verified by normal user
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Advance User-Approval/rejection of verified applications
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Buyer Details
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Self retention application Approved Successfully
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List of Approved applications
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List of Applications rejected
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Generate self-retention certificate after redemption of RECs by Central Agency
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Generate self-retention certificate after redemption of RECs by Central Agency
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Advance user- Generate self-retention certificate
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Advance user- self-retention certificate successfully generated, Subsequent to this RE generator may download the Certificate
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THANK YOU