pert chart execution for rec
DESCRIPTION
The given presentation gives what is needed to be done for Solar power projects under REC mechanism, India. REC mechanism in India, is the renewable energy certificate mechanism.TRANSCRIPT
REC Mechanism----
Execution Details
REC MechanismRenewable Energy Certificate (REC) mechanism is a market based instrument to promote renewable energy and facilitate compliance of renewable purchase obligations (RPO). It is aimed at addressing the mismatch between availability of RE resources in state and the requirement of the obligated entities to meet the renewable purchase obligation (RPO).
Revenue for a RE generator under REC scheme includes revenue from the sale of electricity component of RE generation and the revenue from the sale of environmental attributes in the form of RECs.
RevenueSale of Electricity
Sale of REC Certificate
Financials RECPer MW Optimistic Conservative Radically Pessimistic
Cost of Project Rs 9.5 crores Rs 10 crores Rs 10.5 crores
Expected Generation 17.5 lac units 16.5 Lac units 16 Lac unitsPower Tariff Sale Rs 4 per unit Rs 2.7 per unit Rs 2.7 per unit
Tariff Escallation 5% 3% 3%
Max possible tariff Rs 8 Rs 7 Rs 6
Price of REC for 5 years Rs 11.5/unit Rs 9.3 /unit Rs 9.3 / unit
Price of REC after 5 years RS 6/unit Rs 4.0/unit ZeroExim financing 50% of Cost No No
Interest rate (Exim) 10% NA NA
Interest rate (domestic) 12.50% 13% 14%Tenor for Exim 15 years NA NA
Tenor for domestic 12 years 12 years 12 years
Accelerated depreciation Yes YES Yes
Equity IRR 90% 40% 16%
Accreditation
Registration
Open Access
Comissioning
30 days
42 days
Setting up of the project
42 days
Execution Plan
Issuance
Reg for project
0 1 2 3 4 5 6
MOU
Documentation with Electricity Dept
Process of Accreditation
ELIGIBLE Entity
STATE AGENCY
NLDC – Central agency
SLDC - RVPN
1
2
3a
3c
3b
Verification prior to accreditation
Intimation to accreditation
Intimation to accreditation
Application to accreditation
Confirmation to accreditation
Accreditation
0 7 14 21 28 35 42
Re Submit
Processiong
5 days
7 days
30 Days
Certificate
Check
Submission
Sec A Owner Details
Sec B Operator Details
Sec C RE Generating Station Details
Sec D Connectivity Details with Concerned Licensee (STU/Discom)
Sec E Metering Details
Sec F Statutory Clearance Details
Sec H Details of Fee & Charges
Sec G General Details
Format 1.1
Section I : Declaration
Format 1.2 CERTIFICATE OF ACCREDIATION
AccreditationAccreditation
Sec A
Section I : Declaration
Format 1.2
Sec B
Sec C
Sec D
Sec E
Sec F
Sec H
Sec G
AccreditationAccreditation
Sec B
Section I : Declaration
Format 1.2
Sec A
Sec C
Sec D
Sec E
Sec F
Sec H
Sec G
AccreditationAccreditation
Sec C
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec D
Sec E
Sec F
Sec H
Sec G
AccreditationAccreditation
Sec D
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec C
Sec E
Sec F
Sec H
Sec G
AccreditationAccreditation
Sec E
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec C
Sec D
Sec F
Sec H
Sec G
AccreditationAccreditation
Sec F
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec C
Sec D
Sec E
Sec H
Sec G
AccreditationAccreditation
Sec G
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec C
Sec D
Sec E
Sec F
Sec H
AccreditationAccreditation
Sec H
Section I : Declaration
Format 1.2
Sec A
Sec B
Sec C
Sec D
Sec E
Sec F
Sec G
AccreditationAccreditation
Process of Registration
ELIGIBLE Entity
1
2
3a3c
3b
Verification for registration
Intimation of Registration
Intimation of Registration
Application for Registration
Confirmation to Registration
POWER EXCHANGE
3dIntimation of Registration
STATE AGENCY
NLDC – Central agency
SLDC - RVPN
Registration
0 7 14 21 28 35 42
incomplete
Processing
Fees Submit
Certificate
Check
Submission
2
7 work day
15 days
15 days
Registration
Sec A Owner Details
Sec B RE Generating Station Details
Sec C Copy of Certificate of Accreditation from State Agency
Sec D Commissioning Schedule
Sec E Details of Fee & Charges
Sec F Declaration
Format 2.1
Section I : Declaration
Format 2.2 CERTIFICATE OF REGISTRATION
Application for Registration of RE Generating as Eligible Entity
Registration
Registration
Sec A
Format 2.1
Section I : Declaration
Format 2.2
Sec B
Sec C
Sec D
Sec E
Sec F
Registration
Sec B
Format 2.1
Section I : Declaration
Format 2.2
Sec A
Sec C
Sec D
Sec E
Sec F
Registration
Sec C
Format 2.1
Section I : Declaration
Format 2.2
Sec A
Sec B
Sec D
Sec E
Sec F
Registration
Sec D
Format 2.1
Section I : Declaration
Format 2.2
Sec A
Sec B
Sec C
Sec E
Sec F
Registration
Sec E
Format 2.1
Section I : Declaration
Format 2.2
Sec A
Sec B
Sec C
Sec D
Sec F
Registration
Sec F
Format 2.1
Section I : Declaration
Format 2.2
Sec A
Sec B
Sec C
Sec D
Sec E
Registration
Sec A
Sec B
Sec C
Sec D
Sec E
Sec F
Format 2.1
Section I : Declaration
Format 2.2
Registration
Process of Open Access
Power Ex
NLDC
Urja Bhawan
RREC
Open Access
0 10 20 30 40 50 60
incomplete
Processing
System stren
System Study
Submission
MOU
10 day
30 days
30 days
???
Form I APPLICATION FOR SCHEDULING
Form II CONCURENCE FROM SLDC
Form III REQUEST/CONCURRENCE FROM RLDC
Form IV CONGESTION INFORMATION (ADVANCE SCHEDULING)
Form V REQUEST FOR REVISION OF SCHEDULE DUE TO CONGESTION
Form VI ACCEPTANCE FOR SCHEDULING
Form VIII REGISTRATION FORM
Form VII DETAILS OF PAYMENT
Open Access
Commissioning
Process of Issuance
ELIGIBLE Entity
1
2
3
4b5a
Verification prior to Issuance
Intimation to Issuance
Issuance of REC
Application for Issuance
Intimation of Meter Reading
Distribution Licensee
5b
Regular Injection
Report
4a
4c
STATE AGENCY
NLDC – Central agencySLDC - RVPN
Issuance
0 7 14 21 28 35 42
Incomplete
Processiong
2
5 days
15 days
Certificate
Check
Submit
Issuance
Sec A Energy Injection Report
Sec B Registration Certificate (To ascertain validity)
Sec C Details of Fee & Charges
Sec D Compliance Auditor Report (if applicable)
Format 3.1
Format 3.2 CERTIFICATE OF ISSUANCE
Issuance
Sec A
Format 3.1
Format 3.2
Sec B
Sec C
Sec D
Issuance
Sec B
Format 3.1
Format 3.2
Sec A
Sec C
Sec D
Issuance
Sec C
Format 3.1
Format 3.2
Sec A
Sec B
Sec D
Issuance
Sec D
Format 3.1
Format 3.2
Sec A
Sec B
Sec C
Issuance
Sec A
Sec B
Sec C
Sec D
Format 3.1
Format 3.2
Application
Execution time
Forms
Application
Execution time
FormsI Company Details
II Proposed Power Project
III Details of Proposed Power Project
IV Electrical Details
V Financial Details
VI Any Other relevant information
VIII Documents enclosed – As applicable
VII Declaration
Application
Execution time
FormsI Company Details
II Proposed Power Project
III Details of Proposed Power Project
IV Electrical Details
V Financial Details
VI Any Other relevant information
VIII Documents enclosed – As applicable
VII Declaration
Services Offered
Conceptualization
Monitoring
Execution Project Monitoring
Land Identification
Funding
Feasibility Study
Rebates and Incentives
Quality
Design
Procure
Install
Testing and Certification
Maintenance
Providing Engineering Excellence in every Step
Scope of Work
Business Model
Technical
Proposals
Finance
Tie ups
Investor
Incorporating Renewable Incentives and Policy changes to get maximum out of the Business Model
Forming JV for FI’s and facilitating tie ups with Indian Companies. Overcoming legal hurdles to ease Investments in India
Consulting about best technology for Solar projects, based on the location and the cost.
Pre Bid and Post Bid Consultancy for lucrative but competitive for Solar tenders in India
Arranging Funds and Optimizing it to get maximum returns on Equity
Making strategic tie-ups for Foreign companies looking for Solar Business Opportunity in India
Contact us:-Shop no 7, Murlipura Road Jaipur, RajasthanMob no :- +91 – 8829 003 003Email :- [email protected]
Thank Youfor your time…
Power Ex
NLDC
Urja Bhawan
RREC