Daily News Wrap-Up: CERC to not Condone Delay for Transmission Line Project
DERC sets rules for users to sell and purchase electricity through P2P transactions
June 28, 2024
The Central Electricity Regulatory Commission has decided not to condone the delay beyond the revised Scheduled Commercial Operation Date (SCOD) of October 31, 2017, for the Vindhyachal-Jabalpur 400 kV 2nd double circuit transmission line project associated with the 750 MW Rewa Ultra Mega Solar Park in Madhya Pradesh. However, the Commission has allowed the capitalization of Interest During Construction and Incidental Expenditure During Construction for the period between March 15, 2017 (originally the scheduled commercial operation date- SCOD) and October 31, 2017 (the revised SCOD).
The Delhi Electricity Regulatory Commission has released guidelines for prosumers and consumers to sell and purchase electricity through secure peer-to-peer transactions. The Delhi distribution companies (DISCOMs) had filed a petition to determine charges to enable these transactions. The Commission’s guidelines cater to prosumers, excluding those carrying out ground-mounted projects and consumers who choose to transact energy among themselves through an online platform of service provider(s) or distribution licensees.
The Solar Energy Corporation of India has invited bids to set up 1,000 MW/2,000 MWh standalone battery energy storage systems in India under tariff-based global competitive bidding. The last date for the submission of bids is August 5, 2024. Bids will be opened on August 8. Bidders must submit a non-refundable document fee of ₹50,000 (~$598.9) and a bid processing fee of ₹20,000 (~$239.5)/MW for the quoted capacity subject to a maximum amount of ₹2 million (~$23,958.7) + GST.
The Ministry of Commerce has allowed developers of Special Economic Zones (SEZ) and units in SEZs to install solar systems for captive consumption, following demands from the Export Promotion Council for Export Oriented Units and SEZs . In a clarification, the ministry said that duty benefits under Section 26 of the SEZ Act are allowed for SEZs to install, operate, and maintain renewable energy equipment like solar panels exclusively for captive use on the condition that the power generated is not wheeled out to the domestic tariff areas. The solar equipment will be treated as capital goods.
The Samastipur division of the Eastern Railway has issued a request for qualification to empanel state-wise developers for implementing 1 MW grid-connected rooftop solar systems. The rooftop solar systems will be installed at various locations/stations/depots at service buildings. The last date to submit bids is July 25, 2024. Bids will be opened on the same day.
Maharashtra Energy Development Agency has invited bids to implement 10 MW grid-connected rooftop solar power systems in renewable energy service company mode on government sector buildings in the state. Bids must be submitted by July 22, 2024. Bids will be opened the next day. Maharashtra’s renewable energy policy targets installing 2,000 MW of grid-connected rooftop solar projects. The generated solar power will be used for captive purposes, and any surplus will be fed into the grid, according to Maharashtra Electricity Regulatory Commission net-metering regulations.