The Central Electricity Regulatory Commission (CERC) has agreed on Dec. 9 to revise up fees and charges paid by eligible entities for accreditation, registration and issuance renewable energy certificates (RECs).
The regulator’s action comes after the National Load Despatch Centre’s (NLDC) proposal submitted in October 2022 for a revision of the fees and charges.
“The central agency in its proposal, has provided audited accounts of income and expenditure statement and balance sheet pertaining to REC mechanism for FY21 and FY22 and highlighted that it has suffered recurrent loss of ₹55.86 lakh and ₹50.09 lakh in the previous FY21 and FY22, respectively,” CERC said in the ruling.