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Date: 06-Dec-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 gazette notification issued by the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for November 2023 for payments related to power procurement by distribution licensees.
  • These escalation rates are specifically for power purchase agreements (PPAs) entered into under the guidelines for tariff determination through bidding processes.

Key Changes

  • The notification specifies the following monthly escalation rates for November 2023:
  • Escalation rate for imported coal: 9.47%
  • Escalation rate for transportation of imported coal: 0.72%
  • Escalation rate for inland handling of imported coal: 0.03%

Impact Analysis

Distribution Licensees

  • Action Item: Review existing PPAs to understand the implications of these escalation rates and assess the impact on financial performance. Explore strategies to mitigate the increased costs, such as optimizing fuel mix or negotiating PPA terms.

Power Generators

  • Action Item: Ensure accurate and timely invoicing based on the notified escalation rates. Monitor coal prices and transportation costs to optimize procurement strategies.

Consumers

  • Action Item: Advocate for efficient power procurement practices by distribution licensees to minimize cost increases. Explore energy conservation measures to reduce electricity consumption.

Government

  • Action Item: Assess the effectiveness of existing policies related to coal allocation and pricing. Explore measures to promote energy efficiency and reduce reliance on imported coal.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for notifying the monthly escalation rates for power procurement. Ministry of Power (MOP): The government ministry that issued the initial guidelines for tariff determination by bidding process and the SHAKTI policy. Distribution Licensees: Entities responsible for procuring and distributing electricity to consumers. Thermal Power Stations: Power plants that generate electricity using thermal energy, often fueled by coal. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy: A government policy aimed at transparently allocating coal in India. Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees: Guidelines issued by the Ministry of Power regarding tariff determination through bidding process for power procurement by distribution licensees, dated 19.01.2005 as amended from time to time.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-07122023-250473 xxxGIDHxxx CG-DL-E-07122023-250473 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 818] नई दिल्ली, बुधवार, दिसम्बर 6, 2023/अग्रहायण 15, 1945 No. 818] NEW DELHI, WEDNESDAY, DECEMBER 6, 2023/AGRAHAYANA 15, 1945 dsUæh; fo|qr fofu;ked vk;ksx अजधसचू ना नई दिल्ली, 27 नवम् बर, 2023 l-abZdks&,e11@2023&dsfofovk Þforj.k vuqKfIr/kkfj;ks a }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 5-6 ¼vi½ ds vuqlj.k esa] dsUnzh; fo|qr fofu;ked vk;ksx dks fo|qr ea=ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr esa dks;yk] ikjn'khZ :Ik es a vkcafVr djus okys vkSj gkuZsflax ds fy, ;kstuk½ uhfr** fnukad 06-03-2019 ds ch¼I½] ch¼III½ vkSj ch¼IV½ ds v/khu dks;ys ds vkcaVu lfgr ekWMy cksyh nLrkostksa 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, ekxZfuns'Z k** ds la'kks/ku ij fnukad 11-07-2022 ds çLrko ds vuqlj.k esa] dsfofovk] Hkqxrku ds iz;kstu ds fy, fuEufyf[kr o`f) njks a dks vf/klwfpr djrk gSA mijkäs ekxZfunsZ'kkas ds varxZr gq, ÅtkZ Ø; djkj ds vuqlkj forj.k vuqKfIr/kkfj;ks a }kjk ÅtkZ dh mikfIRk ds fy, lank; ds ç;kstu ds fy, uoEcj] 2023 gsrq ykxw ekfld o`f) njs%a Ø-l-a fooj.k Hkqxrku grs q ekfld o`f) nj 1- vk;kfrr dks;ys ds fy, o`f) nj 9.47% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj 0.72% 3- vk;kfrr dks;ys dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.03% gjizhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./600/2023-24] 7534 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 27th November, 2023 No. Eco-M11/2023-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 November 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 9.47% 2 Escalation rate for transportation of imported coal 0.72% 3 Escalation rate for inland handling of imported coal 0.03% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./600/2023-24] 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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