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Date: 18-Oct-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 of Power by Distribution

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

Gazette Notification Description

  • This Extraordinary Gazette notification from the Central Electricity Regulatory Commission (CERC), dated October 18, 2024, announces monthly escalation rates for payments related to power procurement by distribution licensees. These rates are applicable for September 2024 and are based on several previous guidelines and communications from the Ministry of Power (MOP).

Key Changes: Monthly Escalation Rates for September 2024

  • The notification specifies the following monthly escalation rates for September 2024 payments for power procurement by distribution licensees:
  • 1. Escalation rate for imported coal: 0.24%
  • 2. Escalation rate for transportation of imported coal: -2.15%
  • 3. Escalation rate for inland handling of imported coal: 0.61%

Impact Analysis

Impact on Distribution Licensees

  • Action Item: Distribution licensees should review their power purchase agreements and adjust their financial projections accordingly to reflect these changes.

Impact on Power Producers

  • Action Item: Power producers should review their contracts and adjust their revenue projections to account for these changes.

Impact on Consumers

  • Action Item: Monitor electricity tariffs for any changes resulting from the cost adjustments.

Impact on the CERC

  • Action Item: The CERC will likely continue to monitor the impact of these rates and make further adjustments as needed.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The issuing authority of the gazette notification. Responsible for regulating the electricity sector in India. Ministry of Power (MOP): The Ministry of Power is referenced as the source of several guidelines and communications that form the basis of the CERC's notification. It plays a key role in formulating power sector policies. Distribution Licensees: Entities that procure power and are directly impacted by the escalation rates announced in the notification. Power Producers: Entities that sell power to distribution licensees and whose revenue is affected by the changes in escalation rates. Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees (dated 19.01.2005): A key policy document referenced in the notification, providing the framework for power procurement. Guidelines for long term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Own and Operate (DBFOO) basis (amended 11.07.2022): Another key policy document influencing the escalation rates. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy: Policy related to coal allocation, impacting the cost of power generation.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-21102024-258110 xxxGIDHxxx CG-DL-E-21102024-258110 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 829] नई दिल्ली, िुक्रवार, अक्त बू र 18, 2024/आज‍व न 26, 1946 No. 829] NEW DELHI, FRIDAY, OCTOBER 18, 2024/ASVINA 26, 1946 dsUæh; fo|qr fofu;ked vk;kxs vf/klwpuk ubZ fnYyh] 30 flrEcj] 2024 l-abZdk&s ,e09@2024&dsfofovk-&Þforj.k vuqKfIr/kkfj;kas }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k djus grs q ekxZn'kdZ fl)kra ß ls lacaf/kr fo|rq ea=ky; dh le;≤ ij ;Fkk la'kkfs/kr rkjh[k 19-01-2005 dh vf/klwpuk ds [kaM 5-6 ¼vi½ ds vuqlj.k eas] dsUnzh; fo|qr fofu;ked vk;kxs dk s fo|rq e=a ky; ds i= fnukad 13-04-2022 vkjS **'kfDr ¼Hkkjr es a dk;s 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 dk;s ys ds vkcaVu lfgr ekWMy ckys h nLrkots kas ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvkvs k½s vk/kkj vkSj lzkrs bZa/ku ij LFkkfir FkeZy ikoj LVs'kuks a ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kk/s ku ij fnukad 11-07-2022 ds çLrko ds vuqlj.k eas] dsfofovk Hkqxrku ds iz;kts u ds fy, fuEufyf[kr o`f) njks a dks vf/klwfpr djrk gAS 6803 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] mijkäs ekxZfunZs'kksa ds varxZr gq, ÅtkZ Ø; djkj ds vuqlkj forj.k vuqKfIr/kkfj;ks a }kjk ÅtkZ dh mikfIRk ds fy, lank; ds ç;kts u ds fy, flracj 2024 grs q ykx w ekfld o`f) njs%a Hkqxrku gsrq ekfld o`f) Ø-l-a fooj.k nj 1- vk;kfrr dks;ys ds fy, o`f) nj 0.24% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj -2.15% 3- vk;kfrr dks;ys dh varnsZ'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 0.61% gjizhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./598/2024-25] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 30th September, 2024 No. Eco-M09/2024-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 September 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. Description Monthly Escalation Rates No. for Payment 1 Escalation rate for imported coal 0.24% 2 Escalation rate for transportation of imported coal -2.15% 3 Escalation rate for inland handling of imported coal 0.61% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./598/2024-25] 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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