CERC reduces REC issuance fee payable to NLDC
In an order dated 05.02.2014. the apex electricity regulator CERC extended the existing fees and charges chargeable by the central agency (NLDC) for registration of REC projects till 31.03.2014. The decision was taken by CERC after scrutiny of audited accounts of the central agency. The registration charges as tabled below, are going to be in effect even after 31.03.2014, till any further orders.
| Particulars | Amount in Rs. |
| Processing Fees (One Time) | 1000 |
| Registration Charges (One time upon registration) | 5000 |
| Annual Charges | 1000 |
| Revalidation charges at the end of 5 years | 5000 |
Table 1 : Fees & Charges for Registration
While there was no change in registration charges, the issuance fee for RECs charged by NLDC was reduced to Rs. 4 per certificate. This is going to continue for a period of one year with effect from 01.04.2014.
Summary of changes –
Fees & Charges for Registration – Same as in Table 1 (Till further orders).
Issuance fee – Rs. 10 per certificate ( till 31.03.2014).
Issuance fee – Rs. 4 per certificate (from 01.04.2014 to 31.03.2015).
The order can be read by clicking here.
An article in Economic Times can be read here.