To attract more investment in the renewable energy sector, particularly in windpower, the Central Electricity Regulatory Commission (CERC) has proposed that wind power should be freely tradable across the country, a top official today has said.
Modalities were being worked out for a Renewable Energy Certificate concept which would act as an incentive for investment and would be in place by April 2010, CERC Chairman Pramod Deo said.
Power generated from wind cannot be transferred or sold to other states, he said during the 13th Annual General Meeting of Indian Wind Power Association here.
Deo said the certificate holder can sell the power to the required states, individuals or other trading companies.
He said there would be a national registry under National Load Despatch Centre where the producer could register, which would monitor the supply of power to various states.
This system would encourage competition and create market for power across the State.
Similarly, CERC has sought suggestions from different power producers for working out a preferrential power tariff, which was expected to be in place in a couple of months.