Home India Central Electricity Regulatory Commission In pursuance of Clause 5 6 vi of Ministry of Power MOP Notif...
Date: 15-May-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 notification issued by the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for April 2023 for payments related to power procurement by distribution licensees. These rates are specifically for power purchased under agreements following the guidelines for tariff determination through bidding processes.

Key Changes

  • The notification specifies the following escalation rates for April 2023:
  • Escalation rate for imported coal: -6.70%
  • Escalation rate for transportation of imported coal: -10.58%
  • Escalation rate for inland handling of imported coal: 0.22%

Impact Analysis

Distribution Licensees

  • Action: Licensees should update their payment calculations for April 2023 to reflect the revised escalation rates.

Power Generators

  • Action: Power generators need to reassess their financial models and potentially renegotiate contracts to mitigate the impact of reduced revenue.

Consumers

  • Monitoring: Consumers should monitor tariff adjustments to see if the reduced costs are passed on.

Transporters and Handling Agencies

  • Action: These entities should review their contracts and operational costs to adjust to the new rates.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for notifying the escalation rates for power procurement. Ministry of Power (MOP): The government ministry that issued the guidelines and resolutions based on which CERC issued the notification. 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 policy by the Ministry of Power related to coal allocation. "Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees” dated 19.01.2005: The original guidelines that this notification amends.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-15052023-245874 xxxGIDHxxx CG-DL-E-15052023-245874 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 321] नई दिल्ली, सोमिार, मई 15, 2023/ििै ाख 25, 1945 No. 321] NEW DELHI, MONDAY, MAY 15, 2023/ VAISAKHA 25, 1945 ubZ fnYyh] 21 vçSy 2023 .—Þforj.k vuKq fIr/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 e=a 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 dks fo|qr e=a 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] ch¼III½ vkSj ch¼IV½ ds v/khu dks;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 es]a 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 (-)6.70% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj (-)10.58% 3- vk;kfrr dks;ys dh varnZ's kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.22% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./102/2023-24] 3127 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, 21st April, 2023 No. Eco-M04/2023-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 April 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 Rates No. for Payment 1 Escalation rate for imported coal (-)6.70% 2 Escalation rate for transportation of imported coal (-)10.58% 3 Escalation rate for inland handling of imported coal 0.22% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./102/2023-24] 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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