Section 3 in Central Electricity Regulatory Commission (Terms and Conditions for Recognition and Issuance of Renewable Energy Certificate for Renewable Energy Generation) Regulations, 2010
3. Central agency and its functions.
(1)The Commission shall designate an agency as the Central Agency after satisfying itself that the said agency has the required capability of performing its functions as provided under these regulations.(2)The functions of the Central Agency will be to undertake-(i)registration of eligible entities;(ii)issuance of certificates;(iii)maintaining and settling accounts in respect of certificates;(iv)repository of transactions in certificates; and(v)such other functions incidental to the implementation of renewable energy certificate mechanism as may be assigned by the Commission from time to time.(3)Subject to provisions of these regulations, the Central Agency, with approval of the Commission and after inviting comments from the State Agency shall issue a detailed procedure for registration of eligible entities, verification of generation of electricity and its injection into the grid by the eligible entity, issuance of certificates and other relevant and residual matters:Provided that the detailed procedure shall be prepared by the Central Agency and submitted to the Commission for approval within sixty days from the date of notification of these regulations:Provided Further that while preparing the detailed procedure the Central Agency shall give three weeks' time to the State Agency and other stakeholders for comments:Provided also that the Commission may at any time either on its own motion or on an application or representation made by any interested party direct the Central Agency to modify, add or delete any of the provisions of the detailed procedure as deemed appropriate and upon such directions by the Commission the detailed procedure shall be implemented with such modifications.(4)The Commission may issue directions to the Central Agency in regard to the discharge of its functions and the Central Agency shall always act in accordance with the directions issued by the Commission.
