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Date: 17-May-2024 Category: Extra Ordinary State: Union Government Country: India

In pursuance of Clause 5 6 vi of the Ministry of Power MOP Notification on Guidelines for Determination of Tariff by Bidding Process

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 monthly escalation rates applicable for April 2024 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered into under the mentioned Guidelines.
  • This notification follows Clause 5.6 (vi) of the Ministry of Power (MOP) Notification dated 19.01.2005, MOP communication to CERC dated 13.04.2022, and MOP Resolution dated 11.07.2022.

Key Changes

  • The escalation rate for imported coal is 1.88%.
  • The escalation rate for transportation of imported coal is -0.55%.
  • The escalation rate for inland handling of imported coal is -0.22%.
  • These rates are applicable for the purpose of payment for Procurement of Power by Distribution Licensees for April 2024.

Impact Analysis

Distribution Licensees

  • Action Item: Distribution licensees should assess the impact of these rates on consumer tariffs and plan accordingly.

Thermal Power Stations

  • Action Item: Thermal power stations should evaluate the impact on their profitability and adjust their operations if necessary.

Consumers

  • Action Item: Monitor tariff adjustments by distribution licensees to understand the impact on electricity bills.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body that issued the notification and determines the escalation rates. Ministry of Power (MOP): The government ministry that issued the initial guidelines and communicated with CERC. Distribution Licensees: Entities responsible for procuring and distributing electricity to consumers. Thermal Power Stations: Power plants that generate electricity using thermal energy, often relying on coal as fuel. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy: A policy related to coal allocation in India.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-20052024-254258 xxxGIDHxxx CG-DL-E-20052024-254258 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 366] नई दिल्ली, िुक्रिार, मई 17, 2024/ििै ाख 27, 1946 No. 366] NEW DELHI, FRIDAY, MAY 17, 2024/VAISAKHA 27, 1946 ubZ fnYyh] 22 vçSy, 2024 —Þforj.k vuKq fIr/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 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 es]a 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 nLrkots ks 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;y s ds fy, o`f) nj 1.88% 2- vk;kfrr dks;y s ds ifjogu ds fy, o`f) nj -0.55% 3- vk;kfrr dks;y s dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj -0.22% [जिज्ञापन-III/4/असा./134/2024-25] 3092 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 22nd April, 2024 No. Eco-M04/2024-CERC—In pursuance of Clause 5.6 (vi) of the 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 an 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 2024 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 1.88% 2 Escalation rate for transportation of imported coal -0.55% 3 Escalation rate for inland handling of imported coal -0.22% Harpreet Singh Pruthi, Secy. [ADVT.-III/4/Exty./134/2024-25] 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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