CERC_ DISCOMs to Pay Reduced Late Payment Surcharge Amid COVID-19 Outbreak

CERC: DISCOMs to Pay Reduced Late Payment Surcharge Amid COVID-19 Outbreak

Given the ongoing lockdown in the country caused by Coronavirus (COVID-19), the Central Electricity of Regulatory Commission (CERC) has reduced the rate for late payment surcharge (LPS) payable by distribution ...
/ / Grid, Market & Policy
CERC Proposes New Forbearance Price and Removal of Floor Prices for RECs

CERC Proposes New Forbearance Price and Removal of Floor Prices for RECs

The Central Electricity Regulatory Commission (CERC) has issued a proposal for establishing forbearance and floor prices for renewable energy certificates (RECs). RECs are a market instrument to meet renewable purchase ...
CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown

CERC Defers Real-Time Power Market Implementation to June 2020 Amid COVID-19 Lockdown

Amid the Coronavirus (COVID-19) outbreak in India, the Central Electricity Regulatory Commission (CERC) has decided to defer implementing the real-time power market (RPM) until June 1, 2020. In January 2020, ...
/ / Grid, Market & Policy
SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs

SECI and NTPC to Pay GST Compensation to Adani Solar’s SPVs

The Central Electricity Regulatory Commission (CERC) recently passed an order asking Solar Energy Corporation of India (SECI) and National Thermal Power Corporation (NTPC) to pay the requested compensation to Wardha ...
CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

CERC Asked to Reduce Late Payment Surcharge as Cash Flow Dries Up Amid COVID-19 Outbreak

The Ministry of Power (MoP) has disclosed that it has received representations from power distribution companies and state governments requesting a waiver of late payment surcharge (LPS) given the force ...
/ / Grid, Utilities
COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

COVID-19 Forces CERC to Postpone Implementation of Amended DSM Regulations

The Central Electricity Regulatory Commission (CERC) has rescheduled implementing the fifth amendment of deviation settlement regulations from April 1, 2020, to June 1, 2020. The present regulations (Regulation 7) will ...
/ / Grid, Market & Policy
COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

COVID-19 Pandemic Takes a Toll on Solar REC Trading in March

March witnessed a significant drop in trading volume of solar as well as non-solar renewable energy certificates (RECs). As the country fights the outbreak of Coronavirus. Markets all around the ...
/ / Other, Renewable Energy
CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

CERC Extends Validity of Existing Renewable Energy Tariffs Until June 30, 2020

The Central Electricity Regulatory Commission (CERC) has extended the applicability of the Renewable Energy Tariff Regulations, 2017, for three months (from April 01, 2020, to June 30, 2020). The Commission ...
/ / Other, Renewable Energy
CERC Approves a Tariff of ₹2.77kWh for 200 MW of Wind Projects

CERC Approves a Tariff of ₹2.77/kWh for 200 MW of Wind Projects

The Central Electricity Regulatory Commission (CERC) has given tariff approval for 200 MW of wind projects floated by the National Thermal Power Corporation (NTPC). NTPC had issued a request for ...
/ / Wind
PGCIL’s Gujarat Subsidiary Gets Transmission License for 2 GW of Renewable Projects

PGCIL’s Gujarat Subsidiary Gets Transmission License for 2 GW of Renewable Projects

The Central Electricity Regulatory Commission (CERC) has given transmission license to Powergrid Bhuj Transmission Limited (PBLT) to build transmission systems for 2 GW of renewable energy projects in Gujarat. The ...
/ / Grid, T&D
Tata Power to Buy 50 MW of Wind Power from SECI at ₹2.52_kWh

Tata Power to Buy 50 MW of Wind Power from SECI at ₹2.52/kWh

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.52 (~$0.034)/kWh as requested by the Tata Power Delhi Distribution (TPDDL) for 50 MW of wind power from the ...
/ / Wind
Solar and Other Renewable Policy Highlights from April 2019

Policy Highlights for Solar and Other Renewables From February 2020

The month of February witnessed a slew of announcements, both at the center and the state level. The two most critical policy announcements were related to Coronavirus and the basic ...
HPPC Asked to Study Commercial Viability of its Solar Project with Battery Storage

SECI Gets Approval to Sell 600 MW of Solar Power to Haryana and Bihar at ₹2.44/kWh

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.44 (~$0.034)/kWh adopted by the Solar Energy Corporation of India (SECI) to sell 600 MW of solar power allocated ...
/ / Markets & Policy, Solar
SECI’s 750 MW Rajasthan Solar Tender Oversubscribed by 350 MW

NTPC to Sell 600 MW of Solar Power to Bihar and Punjab at a Tariff of ₹2.60/kWh

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.60 (~$0.036)/kWh adopted by the National Thermal Power Corporation (NTPC) to sell 600 MW of solar power allocated to ...
/ / Uncategorized
Andhra Offers 5% Annual Escalation On Base Price of Bagasse-Based Renewable Projects

Andhra Offers 5% Annual Escalation On Base Price of Bagasse-Based Renewable Projects

The Andhra Pradesh Electricity Regulatory Commission (APERC) has determined the fuel price for biomass and industrial waste-based projects at ₹3,176.72 (~$45)/metric ton for the financial year (FY) 2019-20. The fuel ...
/ / Other, Waste to Energy
CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

CERC Asks SECI to Compensate Azure Power for Cost Incurred Due to Safeguard Duty

The Central Electricity Regulatory Commission (CERC) has ruled in favor of Azure Power in its petition against the Solar Energy Corporation of India (SECI) that sought to invoke the ‘Change ...
CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

CERC Allows Solar Developers’ Claim for GST Compensation on EPC Cost

In its recent order, the Central Electricity Regulatory Commission (CERC) has reiterated its opinions on the restitution principle in power purchase agreements in the face of a Change in Law ...
/ / Markets & Policy, Solar
CERC Orders NTPC to Pay ACME Solar GST Relief Along With Late Payment Surcharge

CERC Orders NTPC to Pay ACME Solar GST Relief Along With Late Payment Surcharge

The Central Electricity Regulatory Commission (CERC) has directed the National Thermal Power Corporation (NTPC) to pay the dues claimed by ACME Solar along with late payment surcharge within 30 days ...
/ / Markets & Policy, Solar
Change in Legal Status Calls for Fresh Registration for Renewable Energy Certificates

Change in Legal Status Calls for Fresh Registration for Renewable Energy Certificates

The Central Electricity Regulatory Commission (CERC) has dismissed the plea of Weizmann Limited and Karma Energy Limited with regards to issuing renewable energy certificates (RECs). The Commission observed that the ...
/ / Other, Wind
NTPC Issues 300 kW Rooftop Solar Tender for a School in Vindhyachal

NTPC Issues 300 kW Rooftop Solar Tender for a School in Vindhyachal

The National Thermal Power Corporation (NTPC) has floated a tender for the development of a grid-tied interactive rooftop solar PV project in Madhya Pradesh. The rooftop system will be installed ...
/ / Rooftop, Solar
India’s Power Sector Shifting to Short-term Contracts and Spot Markets - Report

India’s Power Sector Shifting to Short-term Contracts and Spot Markets – Report

India’s power sector is currently in a transitional phase, shifting from long-term generation contracts to a greater reliance on short-term contracts and electricity spot markets. In this transition, policymakers and ...
/ / Other, Renewable Energy
CERC Rules in Favor of PGCIL as a Wind Developer Fails to Achieve Timely Financial Closure

CERC Rules in Favor of PGCIL as a Wind Developer Fails to Achieve Timely Financial Closure

The Central Electricity Regulatory Commission (CERC) rejected a plea by Vaayu Renewable Energy Private Limited, a renewable energy developer, who filed a petition seeking for the commission to direct the ...
/ / Wind
CERC Provides Relief to a 50 MW Solar Thermal Project Delayed Due to Drought

CERC Provides Relief to a 50 MW Solar Thermal Project Delayed Due to Drought

The Central Electricity Regulatory Commission (CERC) has extended the scheduled commercial operation date (SCoD) of a 50 MW solar thermal project in Andhra Pradesh. Megha Engineering & Infrastructures Limited (MEIL) ...
/ / Markets & Policy, Solar
CERC Asks NTPC to Refund Solar Developer’s ₹10 Million Deducted as Liquidated Damages

CERC Asks NTPC to Refund Solar Developer’s ₹10 Million Deducted as Liquidated Damages

The Central Electricity Regulatory Commission (CERC) has directed the National Thermal Power Corporation (NTPC) to refund the performance bank guarantee (PBG) of ₹10 million (~$140,800) along with interest to Prayatna ...
/ / Markets & Policy, Solar
CERC Asks Transmission Utility to Allot Wind Developer ReGen’s 600 MW Bay to Others

CERC Asks Transmission Utility to Allot Wind Developer ReGen’s 600 MW Bay to Others

The Central Electricity Regulatory Commission (CERC) has ordered that the Stage II connectivity of ReGen Wind Farm should be revoked. The wind farm had asked for an extension of the ...
/ / Wind