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Legal Central Ministry of Power Electricity Act, 2003

Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First Amendment) Regulations, 2026

24-Mar-2026 | RA-14026(11)/1/2022-CERC

The amendment introduces key definitions such as Designated Consumer, Renewable Consumption Obligation (RCO), and Virtual Power Purchase Agreement (VPPA), and expands eligibility for renewable energy certificates. It revises provisions for issuance timelines (within three months), updates the certificate multiplier framework for different renewable sources with a validity of 15 years, and provides for case-specific determination where required. Additionally, it introduces provisions for treatment of certificates under VPPA, allowing transfer of certificates to consumers/designated consumers for compliance with RPO/RCO, with restrictions on resale and provisions for carry-forward of surplus certificates.

It shall come into force from the date of publication in the Official Gazette.

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