CERC Conditions For Grant Of Transmission Licence Regulations, 2024
Only entities selected through competitive bidding or chosen by the government for specific projects can apply for a license for inter-state transmission of electricity. Distribution licensees and bulk consumers developing dedicated lines are exempt from seeking such licences. Licensees are prohibited from engaging in electricity trading.
CERC Connectivity and General Network Access To Inter-State Transmission System (Second Amendment) Regulations, 2024
The amendment regulations introduce a new category for entities authorized to procure renewable energy for their own consumption or for resale. They also now provide that minor deficiencies in applications will be intimated within 10 working days, allowing for faster corrections.
Draft CERC Indian Electricity Grid Code (First Amendment) Regulations, 2024
The draft amendments inter-alia provide that generating stations other than Renewable Energy Generating Stations (REGS) and Energy Storage Systems (ESS) cannot inject infirm power for more than one year from the date they first synchronize with the grid. The CERC is inviting comments, suggestions, and objections from stakeholders and interested individuals on the proposed amendments. Submissions must be received by July 15, 2024.
CERC Issues Renewable Energy Tariff Regulations, 2024
The regulations address over-generation, tariff design, and financial principles for cost and return calculations. They also require developers to recover statutory charges and allow for deviations, regulation relaxation, and implementation issue resolution.
Deadline Extended for Comments On Staff Paper On Power Exchange Bidding Oversight
The Central Electricity Regulatory Commission (CERC) has extended the deadline for stakeholders to submit comments and suggestions on the Staff Paper titled “Regulatory Oversight on Bidding Behaviour in Power Exchanges.” The extension was granted in response to requests from stakeholders who sought more time to provide their feedback.
Public Hearing on New Proposed Charges Associated With Regional Load Despatch Centres
The CERC released draft regulations on April 4, 2024, outlining a new framework for calculating and collecting fees used to operate RLDCs. The public comment period ended on May 20, 2024. However, in order to gather diverse perspectives, the CERC will hold a public hearing on May 30, 2024, at 2:30 PM via video conferencing.
Extension In Timeline For Furnishing Comments On Draft DSM Regulations, 2024
These draft regulations outline the process for managing deviations from power schedules in the Indian electricity grid. The CERC notes that several stakeholders requested more time to provide feedback on the draft regulations. The CERC has responded to this request by extending the deadline from May 24, 2024, to June 3, 2024.
CERC Seeks Input on Transition to Monthly Coal Escalation Rates
A Staff Paper outlining the current method and proposing different transition options has been published on the CERC website. Stakeholders, including power companies and industry experts, are encouraged to submit comments and suggestions by June 24, 2024.
CERC Notifies Annual Escalation Rates For Bid Evaluation And Payment Under Transmission Service Agreement
These rates will be used for determining payments for existing transmission services and for evaluating bids for new transmission projects based on older bidding documents. These rates are determined following the “Tariff-based Competitive Bidding Guidelines for Transmission Service” and relevant Ministry of Power guidelines.
New Escalation Rates for Power Procurement and Bid Evaluation From Renewable Energy & Thermal Power Projects
The Annual Escalation Rates are applicable for the period from April 1, 2024 to September 30, 2024 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered. Additionally, CERC has also notified the Annual Escalation Rates applicable for bids opening from March 31, 2025 for the purpose of bid evaluation.
Central Electricity Regulatory Commission Notifies New Location For Its Hearings
The Central Electricity Regulatory Commission (CERC) has announced that effective from May 17, 2024, it will hold its hearings in Court Room, 7th Floor, Tower B, World Trade Centre, Nauroji Nagar, New Delhi-110029.
Draft JERC (Procurement of Renewable Energy) (Fifth Amendment) Regulations, 2024
The draft regulations outline several key amendments, including changes to definitions, renewable purchase obligations, and mechanisms for meeting renewable energy targets. Specific amendments include the substitution of regulations related to renewable energy certificates, changes to renewable purchase obligation targets for different types of renewable energy sources, and provisions for meeting obligations through various methods such as own generation, open access procurement, requisition from distribution licensees, and purchase of renewable energy certificates.