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Date: 09-Mar-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

  • The Central Electricity Regulatory Commission (CERC) has notified the escalation rates for imported coal, transportation of imported coal and inland handling of imported coal for the purpose of payment in power purchase agreements.
  • These rates are applicable for February 2023.
  • This notification is in pursuance of the Ministry of Power (MOP) guidelines and communications regarding tariff determination through bidding process for power procurement by distribution licensees and the SHAKTI policy.

Key Changes

  • The escalation rate for imported coal is (-)12.65%.
  • The escalation rate for transportation of imported coal is 2.49%.
  • The escalation rate for inland handling of imported coal is (-)0.17%.

Impact Analysis

Distribution Licensees

  • Action Item: Distribution licensees should review their power purchase agreements and update their payment calculations based on these new escalation rates for February 2023.

Thermal Power Stations

  • Action Item: Thermal power stations should assess the impact of these rates on their revenue and profitability, and adjust their operational strategies accordingly.

Consumers

  • Action Item: Monitor electricity tariffs to understand the impact of these changes on consumer 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. It issued the guidelines and communications based on which CERC issued the notification. Distribution Licensees: Entities licensed to distribute electricity to consumers. Thermal Power Stations: Power plants that generate electricity using heat, often from coal. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy: A policy by the Ministry of Power related to coal allocation. Notification dated 19.01.2005: Ministry of Power Notification on “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees”
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एलxx.x-GअID.-E1x0x0x 32023-244255 CG-DL-E-10032023-244255 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 160] नई दिल्ली, बृहस्ट्पजतवार, मार्च 9, 2023/फाल्ग नु 18, 1944 No. 160] NEW DELHI, THURSDAY, MARCH 9, 2023/PHALGUNA 18, 1944 ubZ fnYyh 23 Qjojh] 2023 a -—Þforj.k vuqKfIr/kkfj;ks a }kjk ÅtkZ dh mikfIRk ds fy, फा. ckys h çfØ;k }kjk VSfjQ dk vo/kkj.k djus grs q ekxZn'kdZ fl)kra ß ls lacaf/kr fo|rq e=a ky; dh le;≤ ij ;Fkkla'kkfs/kr rkjh[k 19-01-2005 dh vf/klwpuk ds [kaM 5-6 ¼vi½ ds vuqlj.k eas] dsUnzh; fo|qr fofu;ked vk;kxs dk s fo|rq ea=ky; ds i= fnukad 13-04-2022 vkjS **'kfDr ¼Hkkjr es a dk;s yk] ikjn'khZ :Ik es a vkcafVr djus okys vkSj gkuZsflax ds fy, ;kts uk½ uhfr** fnukda 06-03-2019 ds ch¼I½] ch¼III½ vkSj ch¼IV½ ds v/khu dks;ys ds vkcaVu lfgr ekWMy ckys h nLrkots kas ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvkvs ks½ vk/kkj vkSj lzkrs bZa/ku ij LFkkfir FkeZy ikoj LVs'kuks a ls fo|qr dh nh?kdZ kfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kk/s ku ij fnukda 11-07-2022 ds çLrko ds vuqlj.k eas] dsfofovk] Hkqxrku ds iz;kstu ds fy, fuEufyf[kr o`f) njkas dks vf/klwfpr djrk gSA 1569 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 1- vk;kfrr dks;ys ds fy, o`f) nj (-)12.65% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj 2.49% 3- vk;kfrr dks;ys dh varnsZ'kh; mBkbZ&/kjkbZ ds fy, o`f) nj (-)0.17% gjizhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./686/2022-23] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 23rd February, 2023 F. No. Eco-M02/2023-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 February 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: Sl. Description Monthly Escalation Rates No. for Payment 1 Escalation rate for imported coal (-)12.65% 2 Escalation rate for transportation of imported coal 2.49% 3 Escalation rate for inland handling of imported coal (-)0.17% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./686/2022-23] 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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