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Date: 27-Nov-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 for Procurement

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This gazette notification issued by the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for October 2024 for the purpose of payment for the procurement of power by distribution licensees.
  • These rates are specifically for thermal power stations that are set up on a Design, Build, Finance, Own and Operate (DBFOO) basis, using imported coal as fuel.

Key Changes

  • The notification specifies three escalation rates for imported coal:
  • Escalation rate for imported coal is -2.77%.
  • Escalation rate for transportation of imported coal is -2.54%.
  • Escalation rate for inland handling of imported coal is 0.87%.
  • These rates are applicable for payments made by distribution licensees for power procured as per the Power Purchase Agreements (PPAs) under the mentioned guidelines.
  • The rates are applicable for the month of October 2024.

Impact Analysis

Distribution Licensees

  • Action Item: Distribution licensees should review their Power Purchase Agreements (PPAs) and update their payment calculations for October 2024 based on these revised escalation rates.

Thermal Power Generators

  • Action Item: Power generators should update their financial models and billing systems to incorporate these new escalation rates for October 2024.

Consumers

  • Action Item: Consumers should monitor their electricity bills and any tariff adjustments made by their respective distribution licensees.

Government

  • Action Item: The government should continue to monitor the impact of these rates and make adjustments as necessary to ensure a stable and efficient power supply.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body that issued the notification and is responsible for regulating the electricity sector in India. Ministry of Power (MOP): The government ministry that issued the initial guidelines and resolutions related to power procurement and coal allocation. Distribution Licensees: Entities responsible for distributing electricity to consumers. Thermal Power Stations: Power plants that generate electricity using thermal energy, specifically those using imported coal. SHAKTI Policy: Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India, a government policy related to coal allocation.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-28112024-259008 xxxGIDHxxx CG-DL-E-28112024-259008 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 948] नई दिल्ली, बुधिार, निम्ब र 27, 2024/अग्रहायण 6, 1946 No. 948] NEW DELHI, WEDNESDAY, NOVEMBER 27, 2024/AGRAHAYANA 6, 1946 ubZ fnYyh] 16 uoEcj] 2024 .—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 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 ea=ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr es a dks;yk] ikjn'khZ :Ik eas vkcafVr djus okys vkSj gkuZsflax 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'kuksa 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 eas] 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 -2.77% 2- vk;kfrr dks;y s ds ifjogu ds fy, o`f) nj -2.54% 3- vk;kfrr dks;y s dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.87% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./718/2024-25] 7678 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 16th November, 2024 No. Eco-M10/2024-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 October 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: Sl. Description Monthly Escalation No. Rates for Payment 1 Escalation rate for imported coal -2.77% 2 Escalation rate for transportation of imported coal -2.54% 3 Escalation rate for inland handling of imported coal 0.87% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./718/2024-25] 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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