C-2, Fourth Floor, Aishwarya
Chambers, G.E Road, Telibandha,
Raipur 492001 (C.G.)
+91 896-600-2609, 910-999-8039
Compliance Audit is defined as a systematic, independent and documented verification process of objectively obtaining and evaluating audit evidence to determine whether specified criteria are met.
A Certificate that is proof that 1 MegaWatt-hour (MWh) of electricity was generated from Renewable Energy resource. Once the electricity provider has fed the electricity into the grid, the Renewable Energy Certificate (REC) they received can then be sold on open market.
The entities mandated to purchase a defined quantum on renewable energy of their overall consumption are obligated entities, who can fulfil their RPO requirements by either purchasing renewable energy or by purchasing RECs. Such entities usually include distribution licensees, captive consumers, open-access consumers.
SR has done 12 compliance audits under REC mechanism and covered more than 500 solar installations under RUV and DDG schemes of central government.