Examples of REC Regulations in a sentence
An application for availing registration shall be made by the RE Generating Company to the Central Agency, as defined under Clause 2(1) (b) of the CERC REC Regulations.
An application for availing accreditation shall be made by the applicant to the host State Agency, as defined under Clause 2(1) (n) of the CERC REC Regulations.
Further, state level guidelines for amendment to the RPO /REC Regulations can be developed by FOR which can bring uniformity in REC mechanism to include off-grid RE solutions within ambit of REC mechanism being implemented at State level across States.
The following forbearance price and floor price are prescribed for dealing in Solar Certificates under the REC Regulations: The above stated forbearance and floor prices shall remain valid for the control period upto financial year 2016-17 from the date of notification of this Order.
It is clarified that any fractional component of energy as per the Energy Injection Report can be accumulated and would be considered for issuance of RECs as per the REC Regulations.
However, Certificates shall be issued in multiple of the assigned Certificate Multiplier as per clause 12(2) of REC Regulations, for one Megawatt hour of electricity generated and injected or deemed to be injected into the grid.
The denomination of each REC issued would be as per the REC Regulations and amendments thereof, and 1 REC would be taken as equivalent to 1 MWh of electricity generated from renewable energy source and injected or deemed to be injected (in case of self- consumption by eligible captive power producer) into the grid.
If any difficulty arises in giving effect to any provision of these Procedures or interpretation of the Procedures, the Central may make such provisions or propose amendments, consistent with the provisions of REC Regulations and submit the same for information to the Commission.
The basic procedure for accreditation of the RE generation project shall cover following steps: 3.1. STEP 1: An application for availing accreditation shall be made by the generating company to the host State Agency, as defined under Clause 2(1) (n) of the CERC REC Regulations.
The process of accreditation shall normally be completed within 30 days from date of receipt of complete information by State Agency/RLDC.STEP 9: If accreditation is granted, the State Agency/RLDC shall also intimate accreditation of particular REGS/CGP to the following entities: ▪ The Central Agency, as defined under Clause 3 of REC Regulations.