CERC Announces Draft Deviation Settlement Mechanism

CERC Announces Draft Deviation Settlement Mechanism

The Central Electricity Regulatory Commission (CERC) has issued the draft Deviation Settlement Mechanism (DSM) and Related Matters Regulations, 2021. The regulations seek to ensure, through a commercial mechanism, adherence to ...
/ / Markets & Policy, Solar
CERC Adopts Tariff of ₹2.63kWh for a 300 MW Solar Project

CERC Adopts Tariff of ₹2.63/kWh for a 300 MW Solar Project

The Central Electricity Regulatory Commission (CERC) adopted the tariff of ₹2.63 (~₹0.036)/kWh and a trading margin of ₹0.07 (~$0.0009)/kWh for a 300 MW solar project as requested by NTPC  in ...
/ / Markets & Policy, Solar
Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

Discount Rate of Annuity Payments to Solar Developers Will be 10.41%: CERC

The Central Electricity Regulatory Commission (CERC), in a recent order, has reiterated Solar Energy Corporation of India's (SECI) proposal for a 10.41% discount rate on annuity payments towards the additional ...
/ / Markets & Policy, Solar
CERC Directs SECI To Compensate Solar Developer for GST Claims

CERC Directs SECI to Compensate Solar Developer for GST Claims

The Central Electricity Regulatory Commission (CERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the additional cost incurred due to ...
/ / Markets & Policy, Solar
Odisha Proposes Forecasting and Scheduling Regulations for Wind and Solar Projects

Odisha Proposes Forecasting and Scheduling Regulations for Wind and Solar Projects

The Odisha Electricity Regulatory Commission (OERC) has invited suggestions on the proposed Forecasting, Scheduling, and Deviation Settlement of Wind and Solar Generating Stations at the State Level Regulations, 2021. The ...
/ / Demand Response, Grid
Developer's Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

Developer’s Plea for Extending Commissioning Dates for 140 MW of Solar Projects Rejected

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected the request of a solar developer for extension of the scheduled commissioning dates of two solar projects of 70 ...
/ / Markets & Policy, Solar
APTEL Directs Karnataka Commission to Issue New Tariff Order for Bagasse-Based Projects

APTEL Directs Karnataka Commission to Issue New Tariff Order for Bagasse-Based Projects

The Appellate Tribunal for Electricity (APTEL), in a recent order, ruled that the Karnataka Electricity Regulatory Commission (KERC) should have considered the capital cost of ₹49.25 million (~$664,114)/MW as determined ...
/ / Biofuel, Other
Tender Floated for Bhadla Substation Package for Solar Energy Zones in Rajasthan

Tender Floated for Bhadla Substation Package for Solar Energy Zones in Rajasthan

Power Grid Corporation of India Limited (PGCIL) has floated a tender for a substation package for the extension of 765/400/220 kV Bhadla-II pooling substation under the transmission system strengthening program ...
CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

CERC Denies Transfer of Bank Guarantee for Stage-II Connectivity of Wind Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, rejected ReNew Power’s petition to adjust the bank guarantee upon grant of stage-II connectivity against the letter of award (LoA) issued ...
/ / Wind
Himachal Pradesh Reduces Levelized Tariffs for Solar Projects up to 5 MW

Himachal Pradesh Reduces Levelized Tariffs for Solar Projects Up to 5 MW

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued a generic levelized tariff for solar projects (up to 5 MW) for the financial year (FY) 2021-22. The Commission also sought ...
/ / Markets & Policy, Solar
PGCIL's Rajasthan Subsidiary Secures Transmission License for 8.1 GW of Solar Projects

PGCIL’s Rajasthan Subsidiary Secures Transmission License for 8.1 GW of Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has granted a transmission license to Bikaner-II Bhiwadi Transco, a special purpose vehicle of Power Grid Corporation of India (PGCIL), ...
/ / Grid, T&D
CERC Reserves Judgment on Solar Developer’s Safeguard Duty Compensation Plea

CERC Reserves Judgment on Solar Developer’s Safeguard Duty Compensation Plea

The Central Electricity Regulatory Commission (CERC), in a recent order, directed Phelan Energy India RJ, a solar developer, to file its response for the delay of 161 days in seeking ...
SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

SECI Asked to Compensate Solar Developer for GST, Safeguard Duty Imposition

The Central Electricity Regulatory Commission (CERC), in a recent order, ruled that Clean Solar Power (Bhadla), a subsidiary of Hero Solar Energy, was entitled to compensation for the additional expense ...
Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment

Ministry Proposes New Mechanism to Reduce Cost of Power and Renewable Curtailment

The Ministry of Power has issued a discussion paper on market-based economic dispatch (MBED) of power and has requested the stakeholders to provide their comments on the matter by June ...
Solar Developer and NTPC Spar Over GST Compensation Claim

Solar Developer and NTPC Spar Over GST Compensation Claim

Renew Wind Energy (TN2) has filed a petition before the Central Electricity Regulatory Commission (CERC), seeking clarification on a previous order it had passed on considering goods and services tax ...
/ / Markets & Policy, Solar
Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

Ministry of Power Proposes Restructuring Renewable Energy Certificates Mechanism

The Ministry of Power has released a discussion paper on redesigning the renewable energy certificate (REC) mechanism for stakeholder comments. The stakeholders have time until June 25, 2021, to submit ...
Generic Tariff of ₹7.08kWh for Waste-to-Energy Projects Until March 2022

Generic Tariff of ₹7.08/kWh for Waste-to-Energy Projects Until March 2022

The Karnataka Electricity Regulatory Commission (KERC) has retained the tariff for waste-to-energy projects at ₹7.08 (~$0.097)/kWh from April 1, 2021, to March 31, 2022. The Commission had determined the tariff ...
/ / Other, Waste to Energy
Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures

Bank Guarantee of a 300 MW Wind Project Stuck Under Regulatory Procedures

The Central Electricity Regulatory Commission (CERC) has reserved its judgment, in reply to a petition filed by ReNew Power and its three subsidiaries on submitting a fresh bank guarantee to ...
/ / Other, Wind
CERC Approves Tariff for 2 GW of ISTS Solar Projects

CERC Approves Tariff for 2 GW of ISTS Solar Projects

The Central Electricity Regulatory Commission (CERC), in a recent order, has adopted tariffs of ₹2.55 (~$0.034)/kWh and ₹2.56 (~$0.035)/kWh through competitive bidding by NHPC for 2 GW solar projects. The ...
CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

CERC Proposes Allowing Energy Storage Resources to Help in Maintaining Grid Stability

The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021. The guidelines aim to provide for power procurement through the administered process as well as from the ...
CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

CERC Agrees to Compensate for Carrying Cost Due to Change in Law Event for a Thermal Project

The Central Electricity Regulatory Commission (CERC), in a recent order, approved an imported coal-based thermal power generator's request for compensation for the additional expenses incurred due to the increase in ...
Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee

Wind Developer Seeks Declaration of PPA Termination, Return of Bank Guarantee

The Central Electricity Regulatory Commission (CERC), has responded to a petition by Sprng Wind Energy seeking a declaration that the power purchase agreement (PPA) signed with SECI stood terminated and ...
/ / Other, Wind
APTEL Allows Transfer of RECs To New Owners of a Bagasse-Based Power Project

APTEL Allows Transfer of RECs to New Owners of a Bagasse-Based Power Project

The Appellate Tribunal for Electricity (APTEL) passed an order directing the Power System Operation Corporation (POSOCO) and the Bihar Renewable Energy Development Agency to allow the registration and accreditation of ...
/ / Other, Renewable Energy
CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects

CERC Asks PGCIL Not to Encash Bank Guarantees of Terminated Wind Projects

The Central Electricity Regulatory Commission (CERC), responding to ReNew Power’s petition, has directed the Power Grid Corporation of India Limited (PGCIL) not to encash bank guarantees submitted towards its wind ...
/ / Other, Wind
SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

SECI Asked to Compensate Solar Developer for GST and Safeguard Duty Impact

The Central Electricity Regulatory Commission (CERC), in a recent ruling, directed the Solar Energy Corporation of India (SECI) to compensate a solar developer for the increase in cost incurred due ...