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Date: 21-Jul-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 of Tariff by Bidding Process for Procurement of Power by Distribution Licensees

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This notification from the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates for June 2023, applicable for payments related to power procurement by distribution licensees. These rates are specifically for power generated from thermal power stations that use imported coal, as per the guidelines and policies mentioned in the notification.

Key Changes

  • The notification specifies the following monthly escalation rates for June 2023:
  • Escalation rate for imported coal: -9.10%
  • Escalation rate for transportation of imported coal: -5.41%
  • Escalation rate for inland handling of imported coal: 0.21%

Impact Analysis

Distribution Licensees

  • Action Items: Distribution licensees should revise their payment calculations for June 2023 based on these new escalation rates. They should also analyze the overall impact on their power procurement costs and adjust their financial planning accordingly.

Thermal Power Stations

  • Action Items: Thermal power stations should review their cost structure and negotiate with suppliers to mitigate the impact of the negative escalation rates for imported coal and transportation. They should also optimize their inland handling processes to maximize the benefit from the positive escalation rate.

Consumers

  • Action Items: Monitor electricity tariffs and advocate for fair pricing that reflects the changes in fuel costs.

Coal Importers and Transporters

  • Action Items: Re-evaluate pricing strategies and contracts with thermal power stations to account for the decreased escalation rates. Explore opportunities to optimize operations and reduce costs.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body that issued the notification and is responsible for regulating the power sector in India. Ministry of Power (MOP): The government ministry responsible for the development of the power sector in India. The notification refers to MOP notifications and resolutions. "Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees" dated 19.01.2005: The guidelines that govern the determination of tariffs for power procured by distribution licensees through bidding processes. "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 guidelines that govern long-term power procurement from thermal power stations set up on a DBFOO basis, including coal allocation under the SHAKTI policy. Distribution Licensees: Entities licensed to distribute electricity to consumers. Thermal Power Stations: Power plants that generate electricity using heat produced from burning fuel, in this case, imported coal.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एxलxx.-GअID.-H2x1x0x7 2023-247506 CG-DLxx-xEG-I2D1E0x7x2x0 23-247506 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 512] नई दिल्ली, िुक्रिार, िुलाई 21, 2023/आषाढ़ 30, 1945 No. 512] NEW DELHI, FRIDAY, JULY 21, 2023/ASHADHA 30, 1945 अजधसचू ना नई दिल्ली, 19 िून, 2023 .—Þforj.k vuqKfIr/kkfj;ks a }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k dju s 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 5-6 ¼vi½ ds vuqlj.k eas] dsUnzh; fo|qr fofu;ked vk;ksx dk s fo|qr ea=ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr eas dks;yk] ikjn'khZ :Ik eas vkcafVr dju s oky s vkSj gkusZflax ds fy, ;kstuk½ uhfr** fnukad 06-03-2019 ds ch¼I½] ch ¼III½ vkSj ch ¼IV½ ds v/khu dk;s y s 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 FkeZy ikoj LVs'kuks a ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kks/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 (-)9.10% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj (-)5.41% 3- vk;kfrr dks;ys dh varns'Z kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.21% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./297/2023-24] 4721 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 19th June, 2023 No. Eco-M06/2023-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 June 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. Description Monthly Escalation No. Rates for Payment 1 Escalation rate for imported coal (-)9.10% 2 Escalation rate for transportation of imported coal (-)5.41% 3 Escalation rate for inland handling of imported coal 0.21% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./297/2023-24] 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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