Executive Summary:
This document amends the Central Electricity Regulatory Commission (CERC) Payment of Fees Regulations, 2012. It defines "Trading Licence Regulations, 2009" and "Trading Licence Regulations, 2020" and modifies the annual license fee structure for inter-state electricity trading. The regulations are effective from April 1, 2020, and include specific provisions for the financial year 2020-21.
Key Points / Main Content:
Definitions:
Trading Licence Regulations, 2009: Refers to the CERC regulations for granting trading licenses, as amended.
Trading Licence Regulations, 2020: Refers to the CERC regulations for granting trading licenses, as amended.
Annual License Fee Structure:
Licensees for inter-state electricity trading under the Trading Licence Regulations, 2020, must pay an annual license fee.
The fee is based on the volume of electricity proposed to be traded in a financial year.
Fee categories are defined with corresponding limits and fees.
Category I: No Limit - Rs. 40 Lakh
Category II: Upto 7000 MUs - Rs. 15 Lakh
Category III: Upto 4000 MUs - Rs. 6 Lakh
Category IV: Upto 2000 MUs - Rs. 3 Lakh
Category V: Upto 500 MUs - Rs. 2 Lakh
Provisions for Financial Year 2020-21:
License fees for 2020-21 are determined based on the Trading Licence Regulations, 2020.
Category III & IV licensees (2009) pay fees as Category V licensees (2020).
Category II licensees (2009) pay fees as Category IV licensees (2020).
Category I licensees (2009) pay fees as Category I, II, III, or IV licensees (2020), based on the proposed trading volume.
Fees paid are subject to adjustment based on the trading license category determined by Regulation 21 of the Trading Licence Regulations, 2020.
Impact Analysis:
Inter-State Electricity Trading Licensees:
Impact: Changes to annual license fee payments based on revised regulations and trading volume.
Action Required: Determine applicable category under Trading Licence Regulations, 2020 and pay fees accordingly, subject to potential adjustments.
CERC:
Impact: Implementation and enforcement of the amended fee regulations.
Action Required: Ensure compliance with the new regulations in processing and granting inter-state trading licenses.
Key Entities Referenced
Electricity Act, 2003: A law enacted by the Parliament of India to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity.
Central Electricity Regulatory Commission (CERC): An organisation responsible for regulating the electricity sector in India.
Central Electricity Regulatory Commission Payment of Fees Regulations, 2012: Regulations established by the Central Electricity Regulatory Commission (CERC) regarding the payment of fees.
Central Electricity Regulatory Commission Payment of Fees Second Amendment Regulations, 2020: Amendment regulations to the Central Electricity Regulatory Commission Payment of Fees Regulations, 2012.
Trading Licence Regulations, 2009: Regulations by the Central Electricity Regulatory Commission (CERC) concerning the procedure, terms, and conditions for granting trading licenses and related matters, as amended from time to time.
Trading Licence Regulations, 2020: Regulations by the Central Electricity Regulatory Commission (CERC) concerning the procedure, terms, and conditions for granting trading licenses and related matters, as amended from time to time.
New Delhi: The location where the notification was issued.
SANOJ KUMAR JHA: Secretary.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
xxxGIDHxxx
सी.जी.-डी.एलxx.-xअGI.D-0E2xx1x1 2020-222894
CG-DL-E-02112020-222894
असाधारण
EXTRAORDINARY
भाग III—खण्ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 462] नई दिल्ली, सोमवार, नवम्बर 2, 2020/कार्ततक 11, 1942
No. 462] NEW DELHI, MONDAY, NOVEMBER 2, 2020/KARTIKA 11, 1942
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5334 GI/2020 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4]
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CENTRAL ELECTRICITY REGULATORY COMMISSION
NOTIFICATION
New Delhi, the 13th of April, 2020
No. L-1/160/2020-CERC.—In exercise of powers conferred under clause (g) of sub- section (1) of Section
79 read with Section 178 of the Electricity Act, 2003 (36 of 2003), and all other powers enabling it in this behalf, the
Central Electricity Regulatory Commission hereby makes the following regulations to amend the Central Electricity
Regulatory Commission (Payment of Fees) Regulations, 2012 (hereinafter referred to as “the Principal
Regulations”), namely.-
1. Short title and commencement
(1) These regulations may be called the Central Electricity Regulatory Commission (Payment of Fees) (Second
Amendment) Regulations, 2020.
(2) These regulations shall come into force with effect from 1st April 2020.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
2. Amendment of Regulation 2 of the Principal Regulations
The following sub-clauses shall be added after sub-clause (m) of Clause (1) of Regulation 2 of the Principal
Regulations as under:
“(n) “Trading Licence Regulations, 2009” means the Central Electricity Regulatory Commission (Procedure,
Terms and Conditions for grant of trading licence and other related matters) Regulations, 2009, as amended
from time to time;
(o) “Trading Licence Regulations, 2020” means the Central Electricity Regulatory Commission (Procedure,
Terms and Conditions for grant of trading licence and other related matters) Regulations, 2020, as amended
from time to time.”
3. Amendment of Regulation 7 of the Principal Regulations
(1) Clause (3) of Regulation 7 of the Principal Regulations shall be substituted as under:-
“(3) Any person who has been granted or is deemed to have been granted licence by the Commission for inter-
State trading in electricity in accordance with Trading Licence Regulations, 2020 shall pay the annual licence fee
at the rates specified hereunder:
Volume of electricity proposed to
Annual Licence Fee
S. No. Category of licence
be traded in a Financial Year (Rs. in lakh)
1 Category I No Limit 40
2 Category II Upto 7000 MUs 15
3 Category III Upto 4000 MUs 6
4 Category IV Upto 2000 MUs 3
5 Category V Upto 500 MUs 2
Provided that the licensees shall pay the annual licence fee of their respective categories of licence under the
Trading Licence Regulations, 2020 based on their Net Worth and volume of electricity, as determined in
accordance with Regulation 21 of Trading Licence Regulations, 2020:
Provided further that the annual licence fee shall be paid for the financial year 2020-21 as under:
(a) Category III and IV licensees under Trading Licence Regulations, 2009 shall pay the annual licence fee as
applicable for Category V licensee under the Trading Licence Regulations, 2020;
(b) Category II licensees under Trading Licence Regulations, 2009 shall pay the annual licence fee as
applicable for Category IV licensee under the Trading Licence Regulations, 2020; and
(c) Category I licensees under Trading Licence Regulations, 2009 shall pay the annual licence fee as
applicable for Category I or II or III or IV licensee, as applicable, under the Trading Licence Regulations,
2020 based on the volume proposed to be traded during 2020-21:
Provided also that the annual licence fee for the financial year 2020-21, paid as per (a), (b) or (c) of second
proviso above, is subject to adjustment of fee as per the determination of category of trading licence in
accordance with Regulation 21 of the Trading Licence Regulations, 2020.”
SANOJ KUMAR JHA, Secy.
[ADVT.-III/4/Exty./315/2020-21]
Note : Principal Regulations were published on 30.3.2012 in Part III, Section 4 of the Gazette of India
(Extraordinary), No 79 and first amendment to the Principal Regulations were published on 22.6.2017 in Part
III, Section 4 of the Gazette of India (Extraordinary) No 246.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.