Centre for Regulation & Policy (CRP)
The Centre for Regulation & Policy (CRP) combines policy expertise with regulatory intervention to promote the development of a sustainable energy framework in India. The Centre thus works in tandem with state electricity regulatory commissions and the central and state governments to bring about suitable regulatory and policy reforms for enabling accelerated growth of the RE sector. This includes developing legislative, regulatory, and legal models for the transition to clean, green and sustainable energy. CRP also lends consultancy support to RE investors, public and private utilities, regulatory commissions, etc.
The Centre for Regulation and Policy (CRP) has been empanelled as a consultant by the state electricity regulatory commissions of Maharashtra, Odisha, and Gujarat. CRP has developed expertise in the following key areas:
- RE potential assessment
- RE tariff determination
- Preparation of tariff petition and participation in the regulatory process
- Renewable purchase obligation mechanism
- Renewable energy certificate mechanism
- RE policy formulation
- Policy and regulatory risk assessment
- ARR scrutiny and tariff determination for distribution licensees.
- Conducting training programmes/conferences in the area of policy and regulation.
- Providing consultancy and supporting electricity regulatory commissions in India for adopting regulatory measures, to facilitate growth of sustainable energy.
WISE developed a Model Renewable Energy Law for India in 2005. After more than a year of campaigning for its adoption by Parliament, the draft law was submitted to the Ministry of New and Renewable Energy (MNRE), Govt. of India, in August 2007, for processing the law for Parliament's approval. Consequently, in the Energy Coordination Committee meeting convened by Dr Manmohan Singh in June 2008, the Prime Minister authorized MNRE to come forward with a draft legislation for the promotion and accelerated growth of renewable energy in India. The model draft law prepared by WISE would form the basis of the R E Law for India.