CERC Notifies Payment Escalation Rates for Power Procurement Agreements
The Central Electricity Regulatory Commission (CERC) has released a notification outlining the annual escalation rates applicable for payments in Power Purchase Agreements (PPAs) entered into by distribution licensees for power procurement. These rates are effective for the period spanning from April 1, 2025, to September 30, 2025.
CERC Notifies Escalation Rates and Discount Rate for Round-The-Clock Renewable Energy Power Bids
The Central Electricity Regulatory Commission (CERC) has issued a notification outlining the annual escalation rates and the discount rate to be used for the evaluation of bids for Round-The-Clock (RTC) power projects that combine grid-connected renewable energy with power from coal-based thermal power projects.
Power Ministry Seeks Stakeholder Input on Draft Amendments to Long-Term Thermal Power Procurement Bidding Documents
The Ministry of Power (MoP) has released draft amendments to the Model Bidding Documents (MBDs) used for the long-term procurement of electricity by Distribution Licensees from thermal power generating stations established on a Design, Build, Finance, Own, and Operate (DBFOO) basis. The Ministry is inviting comments on these proposed changes from all stakeholders within the next 30 days, with a deadline of May 14, 2025.
CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2025
The Central Electricity Regulatory Commission (CERC) has issued the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (First Amendment) Regulations, 2025, effective from April 1, 2024. These amendments introduce several changes impacting power generation tariffs, cost calculations, and operational procedures.
Deadline Extended for Comments on Carbon Credit Trading Regulations
Previously scheduled for December 15, 2024, the new deadline for submitting feedback is now December 31, 2024. This extension allows stakeholders additional time to review the draft regulations and provide input.
CERC Extends Deadline for Feedback on Inter-State Transmission Charge Regulations
It may be recalled that CERC had originally fixed the deadline for receiving comments on this draft as November 11, 2024. CERC has now decided to grant an extension in this deadlines till November 25, 2024. The CERC has granted this extension in response to requests from stakeholders who require more time to review the draft regulations and provide their feedback.
CERC Proposes New Regulations for Carbon Credit Trading
The Central Electricity Regulatory Commission (CERC) has proposed new regulations to govern the purchase and sale of Carbon Credit Certificates (CCCs) in India. The Bureau of Energy Efficiency will categorize CCCs for obligated and non-obligated entities seeking to comply with or offset their carbon footprint. CCCs will be traded on power exchanges, with specific rules for eligibility, price discovery, and registry interaction requiring CERC approval.
CERC Extends Deadline for Comments and Organizes Workshop on GNA Regulations
The Central Electricity Regulatory Commission (CERC) has extended the deadline for stakeholders to submit comments and suggestions on the “Staff Paper on Modifications in the GNA Regulations.” The new deadline is December 2, 2024. Additionally, CERC will also be having an interactive session to facilitate better understanding on the issues arising from these modifications on November 19, 2024.
CEA Provides Key Feedback on CERC’s New Draft Amendments for Electricity Trading
The Central Electricity Authority (CEA) has submitted its comments on the Draft Order in Suo-Motu Petition No. 8/SM/2024 issued by the Central Electricity Regulatory Commission (CERC) on October 4, 2024.
Overall, the CEA’s comments emphasize the need for standardized contracts, increased transparency, and improved competition in the short-term power market.
Stakeholders Gain More Time for Feedback on Resource Adequacy Framework Discussion Paper
It may be recalled that the CEA had released this draft paper on October 18, 2024. Stakeholders were initially given a deadline of November 4, 2024, to provide feedback. Now, by the present notice, the CEA has decided to extend this deadline till November 17, 2024.
