In exercise of powers conferred under sub section 1 of Section 178 and Section 66 read with clause y of sub section 2 of Section 178 of the Electricity Act

रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एलxx.x-GअID.-H0x4xx0 42026-271576 CG-DLxx-xEG-I0D4E0x4x2x0 26-271576 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 235] नई दिल्ली, बधु वार, अप्रैल 1, 2026/ र्त्रै 11, 1948 ष 22, 1947 No. 235] NEW DELHI, WEDNESDAY, APRIL 1, 2026/ CHAITRA 11, 1948 s 1947 dsUæh; fo|qr fofu;ked vk;kxs la'kk/s ku नई दिल्ली, 24 मार्,च 2026 Qk. l-a vkj,&14026¼11½@1@2022&dsfofov-—dsUæh; fo|rq fofu;ked vk;kxs ] fo|qr vf/kfu;e] 2003 dh /kkjk 178 dh mi&/kkjk ¼2½ ds [kaM ¼e½ ds lkFk ifBr /kkjk 178 dh mi&/kkjk ¼1½ vkSj /kkjk 66 ds v/khu çnÙk 'kfä;kas dk ç;kxs djrs gq,] vkSj bl fufeÙk lkeFkZ~;dkjh lHkh vU; 'kfä;ksa dk ç;kxs djrs gq, vkSj iwoZ izdk”ku ds ckn] dsUnzh; fo|qr fofu;ked vk;kxs ¼uohdj.kh; ÅtkZ mRiknu ds fy, uohdj.kh; Åtk Z izek.ki=kas ds fy, fuca/ku ,o a “krsaZ½ fofu;e] 2022 ¼ftls blds i“pkr~ ^ewy fofu;e* dgk x;k gS½ dk la'kk/s ku djus ds fy, fuEufyf[kr fofu;e cukrk gS] vFkkZr~%& 1- laf{kIr uke ,oa fVIif.k;ka 1-1 bu fofu;eks a dk laf{kIr uke dsUæh; fo|qr fofu;ked vk;kxs ¼uohdj.kh; ÅtkZ mRiknu ds fy, uohdj.kh; ÅtkZ izek.ki=ksa ds fy, fuca/ku ,o a “krsaZ½ ¼izFke la”kk/s ku½ fofu;e] 2026 gSA 1-2 ;s fofu;e 'kkldh; jkti= eas çdk'ku dh rkjh[k ls ço`Ùk gksxa As 2- ewy fofu;e ds fofu;e 2 dk la'kk/s ku% 2-1 eyw fofu;e ds fofu;e 2 ds [k.M ¼1½ ds varxZr mi-[k.M ¼N½ ds ckn ,d u;k mi[k.M ¼N&i½ “kkfey fd;k tk,xk% 2360 GI/2026 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] **¼N&i½ *ukfer miHkksDrk* dk ogh vFkZ gksxk tSlk le; le; ls ;Fkkla”kkfs /kr ÅtkZ laj{k.k vf/kfu;e 2001 ;k mlds fdlh iqujkf/kfu;e ds varxZr blds fy, fufnZ’V fd;k x;k gS(** **¼.k&i½ **uohdj.kh; miHkksDrk ck/;rk* ;k *vkjlhvk*s ls xSj thok”e lzksrkas ¼uohdj.kh; ÅtkZ½ ds miHkksx ds U;wure “k;s j ds fy, le; le; ls ;Fkkla”kkfs/kr ÅtkZ laj{k.k vf/kfu;e 2001 dh /kkjk 14 ds [k.M ¼<½ vkjS ¼Hk½ ;k mlds fdlh iuq jkf/kfu;e ds varxZr dsUnzh; ljdkj }kjk fofufnZ’V vi{s kk vfHkizsr gS(** 2-3 eyw fofu;e ds fofu;e 2 ds [k.M ¼1½ ds varxZr mi-[k.M ¼i½ ds ckn ,d u;k mi[k.M ¼i&i½ “kkfey fd;k tk,xk% **¼i&i½ **opqZvy fo|qr Ø; djkj* ;k *ohihih,* dk ogh vFkZ gksxk tSlk le; le; ls ;Fkkla”kkfs/kr dsfofovk ¼ikoj ekdsZV½ fofu;e 2021 es a fufnZ’V fd;k x;k gS(** 3- ewy fofu;e ds fofu;e 4 dk la'kk/s ku% 3-1 eyw fofu;e ds fofu;e 4 ds [k.M ¼3½ eas] **fo|rq fu;ekoyh 2005 eas ;Fkkfofgr dSfIVo mRiknu la;a= dh “krksZa dh iwfrZ u djus okys ijarq Lo&miHkkxs okys uohdj.kh; ÅtkZ mRiknu la;=a lfgr** “kCnks a vkSj inkas dk s **uohdj.kh; ÅtkZ lzksrkas ij v/kkfjr ,d dSfIVo mRiknu LVs”ku** “kCnkas vkSj inkas ds ckn “kkfey fd;k tk,xk**A 4- ewy fofu;e ds fofu;e 10 dk la'kks/ku% 4-1 eyw fofu;e ds fofu;e 10 ds [k.M ¼3½ dk s fuEukuqlkj izfrLFkkfir fd;k tk,xk% **¼3½ izek.ki=kas ds tkjh djus ds fy, vkosnu lacaf/kr jkT; vk;kxs }kjk ;Fkk vo/kkfjr uohdj.kh;

Ø; ck/;rkvksa dh vf/kdrk esa uohdj.kh; ÅtkZ lzkrs kas ls fo|qr ds Ø; ds ckjs eas lacaf/kr jkT; vk;kxs }kjk izek.ku dh rkjh[k ls rhu ekg ds vUnj forj.k vuqKfIr/kkjh ;k ,d fuckZ/k igqap miHkksDrk gksus ls ik= bdkbZ }kjk fd;k tk,xkA ijarq fd dkbs Z izek.ki= ml fLFkfr esa tkjh ugha fd;k tk,xk ;fn vkons u lacaf/kr jkT; vk;kxs }kjk izek.ku dh rkjh[k ls rhu ekg vof/k ds ckn fd;k tkrk gSA** 5- ewy fofu;e ds fofu;e 12 dk la'kks/ku% 5-1 eyw fofu;e ds fofu;e 12 ds [k.M ¼2½ dk s fuEufyf[kr }kjk izfrLFkkfir fd;k tk,xk% **¼2½ fofHkUu uohdj.kh; ÅtkZ lzkrs kas ds fy, izek.ki= eYVhIyk;j fuEufyf[kr mica/kks a }kjk vf/k”kkflr gkxs k% ¼d½ dsUnzh; fo|qr fofu;ked vk;kxs ¼uohdj.kh; ÅtkZ mRiknu ds fy, uohdj.kh; ÅtkZ izek.ki=kas ds fy, fuca/ku ,o a “krsaZ½ ¼izFke la”kk/s ku½ fofu;e] 2026 ds izHkko dh rkjh[k ls iwoZ vkSj 05-12-2022 ds ckn vkjaHk fd, x, uohdj.kh; Åtk Z lzkrs kas ij vk/kkfjr ik= mRiknu LVs”ku ;k dSfIVo mRiknu LVs”ku izek.ki= eYVhIyk;j ds fy, ik= gksxa s tSlk fd fuEufyf[kr lkj.kh es a n”kkZ;k x;k gS% uohdj.kh; ÅtkZ lzkrs izek.ki= eYVhIyk;j vkWu&”kksj iou ,oa lkSj 1 gkbMªk s 1-5 E;qfufliy lkWfyM oLs V ¼,e,lMCY;w½ ,o a 2 xSj&thok”e baZ/ku&vk/kkfjr lgmRiknu ck;kes kl vkSj ck;k¶s ;wy 2-5[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 ¼[k½ dsUnzh; fo|rq fofu;ked vk;kxs ¼uohdj.kh; ÅtkZ mRiknu ds fy, uohdj.kh; ÅtkZ izek.ki=kas ds fy, fuca/ku ,o a “krsaZ½ ¼izFke la”kk/s ku½ fofu;e] 2026 ds izHkko dh rkjh[k ds ckn vkjaHk fd, x, uohdj.kh; ÅtkZ lzkrs kas ij vk/kkfjr ik= mRiknu LVs”ku ;k dSfIVo mRiknu LVs”ku izek.ki= eYVhIyk;j ds fy, ik= gksxa s tSlk fd ifjf”k’V&1 es a n”kkZ;k x;k gSA** 5-2 eyw fofu;e ds fofu;e 12 ds [k.M ¼3½ dk s fuEufyf[kr }kjk izfrLFkkfir fd;k tk,xk% **¼3½ bl fofu;e ds [k.M ¼2½ ds mi[k.M ¼[k½ ds varxZr doj ugha fd, x, vU;

uohdj.kh; ÅtkZ lzksrkas ds fy, izek.ki= eYVhIyk;j dk s ifjf”k’V&1 eas fu/kkZfjr fl)kra ks a ij vk/kkfjr i`Fkd vkns”k ds ek/;e ls ekeyk nj ekeyk vk/kkj ij vk;ksx }kjk vo/kkfjr fd;k tk,xkA** 5-3 eyw fofu;e ds fofu;e 12 ds [k.M ¼4½ dk s fuEufyf[kr }kjk izfrLFkkfir fd;k tk,xk% uohdj.kh; ÅtkZ lzkrs kas ij vk/kkfjr mRiknu LVs”ku ;k dSfIVo mRiknu LVs”ku dk s ,d ckj fufnZ’V izek.ki= eYVhIyk;j bl izdkj ds mRiknu LVs”ku ;k dSfIVo mRiknu LVs”ku ds vkjaHk gksus dh rkjh[k ls iUnzg o’kkasZ dh vof/k ds fy, oS/k gksxa %s ijarq fd bl çdkj ds ik= mRiknu LVs”ku ;k dSfIVo mRiknu LVs”ku ds vkjaHk gksus dh rkjh[k iUnzg o’kksZa ds vkx s muds jftLVª”s ku dh oS/krk dh vof/k ds fy,] ,d izek.ki= mRikfnr ;k var{kfsir ;k fxzM es a var{kis .k ds fy, MhEM fo|qr ds exs kokV ?k.Vs ds fy, tkjh fd;k tk,xkA** 6- ewy fofu;e ds fofu;e 14 ds ckn ,d u, fofu;e dk s “kkfey djuk% 6-1 eyw fofu;e ds fofu;e 14 ds ckn ,d u;k fofu;e fuEukuqlkj “kkfey fd;k tk,xk%] **14d- opqZvy fo|qr Ø; djkj ds varxZr izek.ki=kas dk fu:i.k% bu fofu;eks a eas gksrs gq, Hkh] ,d ik= mRiknu LVs”ku ftlus opqZvy fo|qr Ø; djkj eas izos”k fd;k gS] dk s tkjh fd, x, izek.ki= fuEufyf[kr mic/a kkas }kjk vf/k”kkflr gkasxs% ¼d½ uohdj.kh; ÅtkZ mRiknu LVs”ku dk s tkjh fd, x, izek.ki= mu miHkksDrk ;k ukfer miHkksDrk dk s varfjr fd, tk,axs ftuds lkFk bl idz kj ds mRiknu LVs”ku us opqZvy fo|qr Ø; djkj eas izos”k fd;k gSA ¼[k½ opqZvy fo|rq Ø; djkj ds varxZr miHkksDrk ;k ukfer miHkksDrk bl izdkj ds izek.ki=kas ds ek/;e ls uohdj.kh; Ø; ck/;rk ;k uohdj.kh; miHkksx ck/;rk] ;FkkfLFkfr] dh ifwrZ ds fy, ik= gkasxsA ¼x½ miHkksDrk ;k ukfer miHkkDs rk dks ,d ckj varfjr izek.ki= lekIr gk s tk,axs% ijarq fd vkjihvks ;k vkjlhvks ds vfrfjDr miHkksDrk ;k ukfer miHkksDrk ds ØsfMV ds fy, izek.ki=ksa dk s Hkkoh o’kkasZ esa vuqikyu ds fy, vkx s fd;k tk ldrk gS ysfdu ikoj ,Dlpastks a ;k O;kikfj;kas ds ek/;e ls fcØh ds fy, miyC/k ugh a gkasxsA ¼?k½ ,d ik= mRiknu LVs”ku ml ifj;kstuk ds ckjs eas dsUnzh; ,tsla h dk s lwfpr djsxh ftlus opqZvy fo|qr Ø; djkj es a izo”s k fd;k gSA ¼³½ dsUnzh; ,tsla h miHkkDs rkvkas ;k ukfer miHkkDs rkvks a }kjk uohdj.kh; miHkksDrk ck/;rk ;k uohdj.kh;

Ø; ck/;rk ds vuqikyu ds fy, iz;qDr djus ds ckn bl idz kj ds izek.ki=kas dk s lekIr djsxh vkSj blds fjdkWMZ dk s v|ru djsxhA 7- eyw fofu;eks a ds ifjf'k"V&1 dk la'kk/s ku% 7-1 ewy fofu;ekas ds ifjf'k"V&1 dks fuEukuqlkj çfrLFkkfir fd;k tk,xk(4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] Þçek.ki= eYVhIyk;j ds vo/kkj.k ds fy, fl)kra ß d½ çek.ki= eYVhIyk;j dk s fuEufyf[kr dk s /;ku eas j[krs gq, fofHkUu uohdj.kh; ÅtkZ lzksrkas ds VSfjQ jsta ] çkS|ksfxdh ifjiDork] vkSj {kerk ØsfMV@ihd leFkZu ds Lrj ds vk/kkj ij vo/kkfjr fd;k x;k gS% ¼i½ VSfjQ jsta % fuEufyf[kr ij vk/kkfjr VSfjQ jsat d- vf/kfu;e dh /kkjk 63 ds v/khu ckys h çfØ;k ds ek/;e ls vfHkKkr uohdj.kh; ÅtkZ ifj;kstukvkas dk VSfjQ( [k- fofHkUu uohdj.kh; ÅtkZ lzkrs ks a ij vk/kkfjr ifj;kstukvkas ds fy, vk;ksx }kjk tkjh fd, x, VSfjQ vkns'k( x- uohdj.kh; ÅtkZ ifj;kts ukvkas ds fy, jkT; fo|qr fofu;ked vk;kxs ka s }kjk tkjh fd, x, VSfjQ vkns'k( ?k- mi;qä vk;kxs }kjk vo/kkfjr uohdj.kh; ÅtkZ ifj;kts uk fofufnZ"V VSfjQ] ;fn dkbs Z gksA ³- VSfjQ dkjd ds fy, Ldkjs fuEufyf[kr <ax l s çnku fd, x, gSa% VSfjQ jsta Ldksj <¾4 0 4&6 20 6&8 40 8&10 60 10&12 80 12 ls vf/kd 100 ¼ii½ çkS|ksfxdh ifjiDork% d- çkS|ksfxdh ifjDork dks çkjafHkd ;k vkj ,aM Mh pj.k eas çkS|ksfxfd;kas ds lkFk&lkFk] iw.kZr;k O;olk;h—r ¼leFkuZ lfgr ;k mlds fcuk½ ls ysdj lhfer ;k lkbV&fofufnZ"V O;olk;hdj.k okyh çkS|ksfxfd;ks a rd ds :i eas oxhZ—r fd;k x;k gSA [k- çkS|ksfxdh ifjiDork ds fy, Ldkjs fuEufyf[kr <ax l s çnku fd, x, gaS% çkS|ksfxdh ifjDork Ldksj fcuk fdlh çpkj mik;ks a ds iw.kZr;k O;olk;hdj.k 0 iw.kZr;k O;olk;h—r ijarq bldh {kerk dk nksgu vHkh Hkh 20 ckdh gS Hkkjr es a lhfer O;olk;hdj.k 40 lkbV fofufnZ"V {kerk ekStwn gS 60 çkjafHkd pj.k] ijarq {kerk ekStnw gS 80 vkj ,aM Mh pj.k 100 ¼iii½ {kerk ØsfMV@ihd leFkZu% d- {kerk ØsfMV@ihd leFkZu ds Lrj dks Þ'kwU;ß ls Þvfr mPpß Lrjks a ds lkFk /;ku es a j[kk x;k gS tks fd fxzM dh vko';drkvks a ds çfr çfrfØ;k nsus dh çkS|ksfxdh dh {kerk ij fuHkZj djrs gSaA [k- {kerk ØsfMV@ihd leFkZu ds fy, Ldkjs fuEufyf[kr <ax ls çnku fd, x, gaS%[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5 {kerk ØsfMV@ihd Ldksj leFkZu 'kUw ; 0 vfr fuEu 20 fuEu 40 e/;e 60 mPp 80 vfr mPp 100 [k½ blds vfrfjä] iwokZsä rhukas dkjdks a ds fy, egRo fuEukuqlkj çnku fd;k x;k gS% VSfjQ jsta çkS|ksfxdh ifjiDork {kerk ØsfMV@ihd leFkZu 40% 30% 30% x½ bl ifjf'k"V ds [kaMkas ¼d½ vkSj ¼[k½ ds v/khu fofufnZ"V fl)karksa ds vk/kkj ij fofHkUu uohdj.kh;

ÅtkZ lzksrkas dk s çnku fd;k x;k çek.ki= eYVhIyk;j fuEukuqlkj gS% çkS|ksfxdh VSfjQ çkS|ksfxdh {kerk ,l;w,e vkjbZlh dkjd ifjiDork ØsfMV@ihd eYVhIyk;j leFkZu ¼U;wure çkS|ksfxdh Ldksj ds vk/kkj ij lkekU;h—r vkSj iw.kkZafdr½ egRo &&&& >> 40% 30% 30% lkSj 0 40 20 18 1-0 iou 0 20 40 18 1-0 ck;kes kl @ ck;k¶s ;wy 80 40 40 56 3-0 ,l,pih 40 60 40 46 2-5 iEiIM gkbMªk s 60 40 80 60 3-0 dkts su 80 40 40 56 3-0 o`gr gkbMªks 40 60 60 52 3-0 v‚Q'kkjs iou 100 60 60 76 4-0 ,e,lMCy;w 80 40 40 56 3-0 chbZ,l,l* 40 60 80 58 3-0 gkbfczM vkjbZ 0 40 40 24 1-5 ukVs % *chbZ,l,l dsoy uohdj.kh; ÅtkZ lzksrkas }kjk çHkkfjrA gjçhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./03/2026-27] ukVs % dsUæh; fo|qr fofu;ked vk;kxs ¼uohdj.kh; ÅtkZ mRiknu ds fy, uohdj.kh; ÅtkZ çek.ki=kas grs q fuca/ku o 'krsaZ½ fofu;e] 2022 fnukad 24-05-2022 ds Hkkjr ds jkti= ¼vlk/kkj.k½ ds Hkkx III] [kaM 4] la-272 es a çdkf'kr gq, FkAs6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION AMENDMENT New Delhi, the 24th March, 2026 F. No. RA-14026(11)/1/2022-CERC.—In exercise of powers conferred under sub-section (1) of Section 178 and Section 66 read with clause (y) of sub-section (2) of Section 178 of the Electricity Act, 2003 and all other powers enabling it in this behalf, and after previous publication, the Central Electricity Regulatory Commission hereby makes the following regulations to amend the Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022 (hereinafter referred to as the "Principal Regulations") as under: -

1. Short Title and Comments

1.1 These regulations may be called the Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First Amendment) Regulations, 2026.

1.2 These Regulations shall come into force from the date of publication in the Official Gazette.

2. Amendment to Regulation 2 of the Principal Regulations:

2.1 A new sub-clause (g-i) shall be inserted after sub-clause (g) under clause (1) of Regulation 2 of the

Principal Regulations as under: “(g-i) ‘Designated Consumer’ shall have the same meaning as assigned to it under the Energy Conservation Act, 2001, as amended from time to time or any reenactment thereof;”

2.2 A new sub-clause (o-i) shall be inserted after sub-clause (o) under clause (1) of Regulation 2 of the

Principal Regulations as under: “(o-i) ‘Renewable Consumption Obligation’ or ‘RCO’ means the requirement specified by the Central Government under clauses (n) and (x) of Section 14 of the Energy Conservation Act, 2001, as amended from time to time or any reenactment thereof, for the minimum share of consumption of non-fossil sources (renewable energy);”

2.3 A new sub-clause (u-i) shall be inserted after sub-clause (u) under clause (1) of Regulation 2 of the

Principal Regulations as under: “(u-i) ‘Virtual Power Purchase Agreement’ or ‘VPPA’ shall have the same meaning as assigned to it under the Central Electricity Regulatory Commission (Power Market) Regulations, 2021, as amended from time to time or any reenactment thereof;”

3. Amendment to Regulation 4 of the Principal Regulations:

3.1 In clause (3) of Regulation 4 of the Principal Regulations, the words and expression “including renewable energy generating plant not fulfilling the conditions of captive generating plant as prescribed in the Electricity Rules, 2005 but having self-consumption,” shall be inserted after the words and expression “A captive generating station based on renewable energy sources”.

4. Amendment to Regulation 10 of the Principal Regulations:

4.1 Clause (3) of Regulation 10 of the Principal Regulations shall be substituted as under: “(3) Application for issuance of Certificates shall be made by an eligible entity, being a distribution licensee or an open access consumer, within three months from the date of certification by the concerned State Commission about the purchase of electricity from renewable energy sources in excess of the renewable purchase obligations as determined by the concerned State Commission.

Provided that no Certificate shall be issued in case the application is made beyond the period of three months from the date of certification by the concerned State Commission.”

5. Amendment to Regulation 12 of the Principal Regulations:

5.1 Clause (2) of Regulation 12 of the Principal Regulations shall be substituted by the following:[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 7 “(2) The Certificate Multiplier for different renewable energy sources shall be governed by the following

provisions:

(a) The eligible generating stations or captive generating stations based on renewable energy sources, commissioned after 05.12.2022 and before the date of effect of the Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First Amendment) Regulations, 2026, shall be entitled to the Certificate Multiplier as

indicated in the following table:

Renewable En ergy Sources Certificate Multiplier On-shore Wind and Solar 1 Hydro 1.5 Municipal Solid Waste (MSW) and 2 non-fossil fuel-based cogeneration Biomass and Biofuel 2.5

(b) The eligible generating stations or captive generating stations based on renewable energy sources, commissioned after the date of effect of the Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) (First Amendment) Regulations, 2026, shall be entitled to the Certificate Multiplier as indicated in Appendix-1.”

5.2 Clause (3) of Regulation 12 of the Principal Regulations shall be substituted by the following: “(3) The Certificate Multiplier for other renewable energy sources, not covered under sub-clause (b) of clause (2) of this Regulation, shall be determined by the Commission, on a case-by-case basis through a separate order based on the principles stipulated in Appendix-1.”

5.3 Clause (4) of Regulation 12 of the Principal Regulations shall be substituted by the following: “(4) The Certificate Multiplier, once assigned to an eligible generating station or a captive generating station based on renewable energy sources, shall remain valid for a period of fifteen years from the date of

commissioning of such generating station or captive generating station:

Provided that for the period of validity of their Registration beyond fifteen years from the date of commissioning of such eligible generating station or captive generating station, one Certificate shall be issued for one Megawatt hour of electricity generated and injected or deemed to be injected into the grid.”

6. Insertion of a new Regulation after Regulation 14 of the Principal Regulations:

6.1 A new Regulation shall be inserted after Regulation 14 of the Principal Regulations, as under: “14A. Treatment of Certificates under the Virtual Power Purchase Agreement:

Notwithstanding anything contained in these regulations, the Certificates issued to an eligible generating station that has entered into a virtual power purchase agreement shall be governed by the

following provisions:

(a) The Certificates issued to the renewable energy generating station shall stand transferred to the consumer or the designated consumer with whom such generating station has entered into a virtual power purchase agreement.

(b) The consumer or the designated consumer under the virtual power purchase agreement shall be eligible to meet its renewable purchase obligation or renewable consumption obligation, as the case may be, by way of such Certificates.

(c) The Certificates, once transferred to the consumer or the designated consumer, shall stand

extinguished:8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]

Provided that the certificates to the credit of the consumer or the designated consumer over and above the RPO or RCO can be carried forward for compliance in future years, but shall not be available for sale in the power exchanges or through traders.

(d) An eligible generating station shall inform the Central Agency about the Project that has entered into a virtual power purchase agreement.

(e) The Central Agency shall extinguish such Certificates after they are used for compliance with the Renewable Purchase Obligation or Renewable Consumption Obligation by the consumers or the designated consumers, and update its record.”

7. Amendment to Appendix-1 of the Principal Regulations:

7.1 Appendix-1 of the Principal Regulations shall be substituted by the following; “Principles for Determination of Certificate Multiplier A) Certificate Multiplier has been determined based on the Tariff Range, Technology Maturity, and level of Capacity Credit / Peal Support of various renewable energy sources, by taking into account the following:

(i) Tariff Range: Tariff range based on a. Tariffs of renewable energy projects discovered through the bidding process under Section 63 of the Act; b. Tariff Orders issued by the Commission for projects based on various Renewable Energy Sources;

c. Tariff Orders issued by State Electricity Regulatory Commissions for Renewable Energy Projects; d. Renewable Energy Project Specific Tariffs determined by the Appropriate Commission, if any. e. Scores have been assigned for the Tariff Factor in the following manner:

Tariff Range Score <=4 0 4-6 20 6-8 40 8-10 60 10-12 80 Above 12 100

(ii) Technology Maturity: a. Technology maturity is categorised from fully commercialised (with or without support) to those with limited or site-specific commercialisation, as well as technologies at the nascent or R&D stage.

b. Scores have been assigned for Technology Maturity in the following manner:

Technology Maturity Score Fully commercialised without any promotional measures 0 Fully commercialised but potential still to be harnessed 20 Limited commercialisation in India 40 Site Specific Potential Exists 60 Nascent stage, but potential exists 80 R & D Stage 100

(iii) Capacity Credit/ Peak Support: a. The level of Capacity Credit/ Peak Support has been considered, with levels ranging from “Nil” to “Very High”, depending on the capability of the technology to respond to grid requirements.

b. Scores have been assigned for Capacity Credit / Peak Support in the following manner:[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 9 Capacity Credit/ Peak Support Score Nil 0 Very Low 20 Low 40 Medium 60 High 80 Very High 100 B) Further, weightage has been assigned against the aforesaid three factors as under:

Tariff Range Technology Maturity Capacity Credit / Peak Support 40% 30% 30% C) Based on the principles specified under clauses (A) and (B) of this Appendix, the Certificate Multiplier assigned to various renewable energy sources, is as follows:

Technology Tariff Technology Capacity SUM REC Multiplier Factor Maturity Credit/ Peak (Normalised based on Support Minimum tech. score and rounded off) Weightage ---- >> 40% 30% 30% Solar 0 40 20 18 1.0 Wind 0 20 40 18 1.0 Biomass / Biofuel 80 40 40 56 3.0 SHP 40 60 40 46 2.5 Pumped Hydro 60 40 80 60 3.0 Cogen 80 40 40 56 3.0 Large Hydro 40 60 60 52 3.0 Offshore Wind 100 60 60 76 4.0 MSW 80 40 40 56 3.0 BESS* 40 60 80 58 3.0 Hybrid RE 0 40 40 24 1.5

Note: * BESS charged by Renewable Energy Sources only.

HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./03/2026-27]

Note: The Central Electricity Regulatory Commission (Terms and Conditions for Renewable Energy Certificates for Renewable Energy Generation) Regulations, 2022, were published in Part III, Section 4, No. 272 of the Gazette of India (Extraordinary) dated 24.05.2022.

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