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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

  • The gazette notification issued by the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for June 2023 for payment purposes related to power procurement by distribution licensees.
  • These rates pertain to power purchase agreements entered under the “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees” issued by the Ministry of Power (MOP).

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 Item: Distribution licensees should update their financial models and power purchase agreements to reflect these revised escalation rates for June 2023.

Thermal Power Stations

  • Action Item: Thermal power stations should re-evaluate their cost structures and bidding strategies in light of these changes.

Consumers

  • Action Item: Monitor the impact of these escalation rates on electricity tariffs and advocate for consumer benefits where possible.

Coal Importers and Transporters

  • Action Item: Coal importers and transporters should explore opportunities to optimize their operations and mitigate the impact of these rate changes.

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 references MOP guidelines, communications, and resolutions. Distribution Licensees: Entities licensed to distribute 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: Guidelines issued by the Ministry of Power that govern the tariff determination process for power procurement 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.-E2x2x0x 72023-247535 CG-DL-E-22072023-247535 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 515] नई दिल्ली, िुक्रवार, िुलाई 21, 2023/आषाढ़ 30, 1945 No. 515] NEW DELHI, FRIDAY, JULY 21, 2023/ASHADHA 30, 1945 ubZ fnYyh] 19 twu] 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)kra ß ls lacfa/kr fo|qr ea=ky; dh le;≤ ij ;Fkk la'kkfs/kr rkjh[k 19-01-2005 dh vf/klwpuk ds [kMa 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, ;kts uk½ uhfr** fnukad 06-03-2019 ds ch¼I½] ch¼III½ vkSj ch¼IV½ ds v/khu dks;ys ds vkcVa u lfgr ekWMy ckys h nLrkots kas ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvksvks½ vk/kkj vkSj lzkrs bZa/ku ij LFkkfir FkeZy ikoj LVs'kukas ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kks/ku ij fnukda 11-07-2022 ds çLrko ds vuqlj.k esa] dsfofovk Hkqxrku ds iz;kts u ds fy, fuEufyf[kr o`f) njks a dks vf/klwfpr djrk gSA 4744 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 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 varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.21% gjizhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./297/2023-24] 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: Sl. Description Monthly Escalation Rates No. 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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