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Date: 17-Nov-2023 Category: Extra Ordinary State: Union Government Country: India

In pursuance of Clause 5 6 vi of Ministry of Power MOP Notification on Guidelines for Determination

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The gazette notification issued by the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for October 2023 for payments related to power procurement by distribution licensees. These rates pertain to imported coal, its transportation, and inland handling, as per existing guidelines and agreements.

Key Changes

  • The notification specifies the following monthly escalation rates for October 2023:
  • Escalation rate for imported coal: 6.49%
  • Escalation rate for transportation of imported coal: 4.06%
  • Escalation rate for inland handling of imported coal: 2.25%
  • These rates are applicable for payments under Power Purchase Agreements (PPAs) entered into as per the Ministry of Power's guidelines for long-term power procurement from thermal power stations.

Impact Analysis

Distribution Licensees

  • Action Item: Distribution licensees should review their existing PPAs and financial models to assess the impact of these revised escalation rates on their overall costs and tariffs.

Thermal Power Generators

  • Action Item: Thermal power generators should update their billing processes to incorporate these new escalation rates and ensure accurate invoicing.

Consumers

  • Action Item: Regulators and distribution companies should explore strategies to mitigate the impact of increased costs on consumers, such as optimizing power procurement strategies or implementing energy efficiency programs.

Government

  • Action Item: The Ministry of Power should continue to assess the effectiveness of the SHAKTI policy and other initiatives aimed at ensuring a stable supply of coal for power generation.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for notifying the escalation rates based on the Ministry of Power's guidelines and communications. Ministry of Power (MOP): The government ministry that issued the original guidelines for tariff determination and long-term power procurement, as well as the SHAKTI policy. Distribution Licensees: Entities responsible for procuring and distributing electricity to consumers. Thermal Power Stations: Power plants that generate electricity using coal as fuel. "Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees" dated 19.01.2005: The original guidelines issued by the Ministry of Power for determining tariffs through a bidding process. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy dated 6.03.2019: A government policy aimed at ensuring transparent allocation of coal to power plants.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-18112023-250118 xxxGIDHxxx CG-DL-E-18112023-250118 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण्ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 759] नई दिल्ली, िुक्रिार, निम्ब र 17, 2023/कार्ततक 26, 1945 No. 759] NEW DELHI, FRIDAY, NOVEMBER 17, 2023/KARTIKA 26, 1945 ubZ fnYyh] 29 vDrcw j] 2023 .—Þforj.k vuqKfIr/kkfj;ksa }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k djus gsrq ekxZn'kZd fl)karß ls lacaf/kr fo|qr ea=ky; dh le;≤ ij ;Fkkla'kksf/kr rkjh[k 19-01- 2005 dh vf/klwpuk ds [kaM 5-6¼vi½ ds vuqlj.k eas] dsUnzh; fo|qr fofu;ked vk;ksx dks fo|qr e=a ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr eas dks;yk] ikjn'khZ :Ik eas vkcafVr djus okys vkSj gkusZflax ds fy, ;kstuk½ uhfr** fnukad 06-03-2019 ds ch¼I½] ch¼III½ vkSj ch¼IV½ ds v/khu dks;ys ds vkcaVu lfgr ekWMy cksyh nLrkostks a ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvksvks½ vk/kkj vkSj lzksr bZa/ku ij LFkkfir FkeyZ ikoj LVs'kuks a ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kk/s ku ij fnukad 11-07-2022 ds çLrko ds vuqlj.k eas] dsfofovk Hkqxrku ds iz;kstu ds fy, fuEufyf[kr o`f) njks a dks vf/klwfpr djrk gSA 1- vk;kfrr dks;ys ds fy, o`f) nj 6.49% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj 4.06% 3- vk;kfrr dks;ys dh varnZ's kh; mBkbZ&/kjkbZ ds fy, o`f) nj 2.25% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./541/2023-24] 7188 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 29th October, 2023 No. Eco-M10/2023-CERC.—In pursuance of Clause 5.6 (vi) of Ministry of Power (MOP) Notification on “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees” dated 19.01.2005 as amended from time to time, MOP communication to the Central Electricity Regulatory Commission (CERC) dated 13.04.2022, and MOP Resolution dated 11.07.2022 on amendment to the “Guidelines for long term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Own and Operate (DBFOO) basis and sourcing fuel as provided under Model Bidding Documents including allocation of coal under B (I), B(III) and B(IV) of SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy” dated 6.03.2019, the CERC notifies the following escalation rates for the purpose of payment. Monthly Escalation Rates applicable for October 2023 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered into under the Guidelines mentioned above: Sr. No. Description Monthly Escalation Rates for Payment 1 Escalation rate for imported coal 6.49% 2 Escalation rate for transportation of imported coal 4.06% 3 Escalation rate for inland handling of imported coal 2.25% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./541/2023-24] 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.

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