Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues_

Is Unconditional Letter of Credit the Answer to Solar, Wind Payment Issues?

Cases of payment delays to renewable generators have become common and on the rise. However, the Ministry of Power has given these developers a shot in the arm by introducing ...
/ / Markets & Policy, Solar
DISCOMs Feel the Heat_ No Letter of Credit, No Advance Payment, No Power

DISCOMs Feel the Heat: No Letter of Credit, No Advance Payment, No Power

The Ministry of Power has issued procedural guidelines for the scheduling of power to distribution companies in case of non-maintenance of the line of credit under the payment security mechanism. Recently, Minister ...
/ / Grid, Market & Policy
DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power

DISCOMs Mandated to Maintain Letter of Credit as Payment Security Mechanism to Buy Power

In a bold move, RK Singh, Union Minister of State for Power and New & Renewable Energy has announced the approval of a proposal to make it mandatory for distribution ...
/ / Grid, Market & Policy
Grid Access Registration Fees Set for DISCOMs, Power Traders, Generating Companies

Grid Access Registration Fees Set for DISCOMs, Power Traders, Generating Companies

The Central Electricity Regulatory Commission (CERC) has issued a notification about fees to be collected by Regional Load Despatch Centres (RLDC) from the generating companies, distribution licensees, inter-state transmission licensees, buyers, ...
/ / Grid, Market & Policy
CERC Proposes Draft Fees and Charges For DISCOMs and other Entities

CERC Proposes Draft Fees and Charges For DISCOMs and other Entities

The Central Electricity Regulatory Commission (CERC) has issued draft (Fees and Charges of Regional Load Dispatch Centre (RLDC) and other related matters) Regulations, 2019. These regulations will come into effect ...
/ / Grid, Market & Policy
India Records Power Supply Deficit of 0.6 Percent During Apr-Sep 2018

CERC’s Final Amendment to Interstate Open Access Power Regulations

The Central Electricity Regulatory Commission (CERC) has finalized the amended regulations for open access in interstate transmission, which were initially passed in 2008. The new regulations will be in effect ...
/ / Markets & Policy, Solar
CERC Proposes Granting Category I Inter-State Trading License to Refex Energy

CERC Issues Regulations for Seamless Implementation of ISTS Across the Country

The Central Electricity Regulatory Commission (CERC) has published regulations for ISTS (Inter-State Transmission System) implementation in the official gazette. These regulations have been in force since July 23, 2018. The ...
/ / Grid, Grid Optimization
CERC Amends Regulations for Open Access in Interstate Transmission

CERC Amends Regulations for Open Access in Interstate Transmission

The Central Electricity Regulatory Commission (CERC) has amended the regulations for Open Access in Interstate Transmission, which were first passed in 2008. The new regulations will be called the CERC ...
/ / Grid, Market & Policy
CERC Releases Procedural Guidelines for ISTS Connectivity of Renewable Projects

CERC Releases Procedural Guidelines for ISTS Connectivity of Renewable Projects

The Central Electricity Regulatory Commission (CERC) has released procedural regulations for granting Inter-State Transmission System (ISTS) connectivity to renewable energy projects. This procedure is being issued in accordance with Regulation ...