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Date: 20-Feb-2025 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 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 December 2024 for payments related to power procurement by distribution licensees. These rates are relevant for Power Purchase Agreements (PPAs) entered into under the guidelines for long-term procurement of electricity from thermal power stations.

Key Changes

  • The notification specifies the following monthly escalation rates for December 2024:
  • Escalation rate for imported coal: -0.48%
  • Escalation rate for transportation of imported coal: -4.03%
  • Escalation rate for inland handling of imported coal: 0.31%

Impact Analysis

Distribution Licensees

  • Action Items: Distribution licensees should update their financial models and forecasts to reflect the new escalation rates for December 2024. They should also communicate these changes to relevant stakeholders, including consumers, as necessary.

Thermal Power Stations

  • Action Items: Thermal power stations should review their PPAs and adjust their invoicing to reflect the new escalation rates. They should also assess the impact on their profitability and cash flows.

Consumers

  • Action Items: Consumers should be informed about potential tariff adjustments due to changes in fuel and transportation costs. Increased awareness of the factors influencing electricity pricing can promote better energy conservation.

Government

  • Action Items: The government should continue to monitor the impact of these escalation rates on the power sector and make necessary adjustments to policies and guidelines to ensure a stable and affordable power supply.

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 responsible for formulating policies and guidelines related to the power sector. 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 to power plants. Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees: Guidelines issued by the Ministry of Power for determining tariffs through a bidding process.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-21022025-261192 xxxGIDHxxx CG-DL-E-21022025-261192 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 136] नई दिल्ली, बृहस्ट्प जतिार, फरिरी 20, 2025/फाल्ग नु 1, 1946 No. 136] NEW DELHI, THURSDAY, FEBRUARY 20, 2025/PHALGUNA 1, 1946 ubZ fnYyh] 31 fnlEcj] 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 e=a 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 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'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 (-)0.48% 2- vk;kfrr dks;y s ds ifjogu ds fy, o`f) nj (-)4.03% 3- vk;kfrr dks;y s dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.31% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./993/2024-25] 1301 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 31st December, 2024 F. No. Eco-M12/2024-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 December 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 0.48% 2 Escalation rate for transportation of imported coal (-)4.03% 3 Escalation rate for inland handling of imported coal 0.31% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./993/2024-25] 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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