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Date: 10-Dec-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 Licensees

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 for imported coal, its transportation, and inland handling. These rates are to be used for payment purposes in Power Purchase Agreements (PPAs) between distribution licensees and thermal power plants. The rates are applicable for November 2024.
  • The notification is issued in accordance with the Ministry of Power (MOP) guidelines and resolutions related to tariff determination through bidding processes and long-term power procurement from thermal power plants.

Key Changes

  • The monthly escalation rate for imported coal is set at 3.04%.
  • The monthly escalation rate for the transportation of imported coal is set at 0.63%.
  • The monthly escalation rate for the inland handling of imported coal is set at -0.39%.

Impact Analysis

Distribution Licensees

  • Licensees need to review their existing PPAs to understand the implications of these new escalation rates.

Thermal Power Plants

  • Power plants need to review their existing PPAs to understand the implications of these new escalation rates.

Consumers

  • Consumers may need to be informed about the changes in tariffs and the reasons behind them.

Government

  • The government needs to ensure that the escalation rates are fair and reasonable for all stakeholders.

Action Items

  • All stakeholders should review their PPAs and ensure compliance with the new escalation rates.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for setting tariffs and overseeing the power sector in India. CERC has issued this notification. Ministry of Power (MOP): The government ministry responsible for the power sector. MOP issued the guidelines and resolutions referred to in the notification. SHAKTI Policy: Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India. The policy is referenced in the notification regarding the allocation of coal. Power Purchase Agreements (PPAs): Agreements between distribution licensees and power generation companies for the purchase of electricity. The escalation rates are applicable to PPAs entered into under the specified guidelines. Notification dated 19.01.2005: Ministry of Power (MOP) Notification on “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees” MOP communication dated 13.04.2022: Ministry of Power (MOP) communication to the Central Electricity Regulatory Commission (CERC). MOP Resolution dated 11.07.2022: Ministry of Power (MOP) Resolution 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 SHAKTI Policy dated 6.03.2019: SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-11122024-259326 xxxGIDHxxx CG-DL-E-11122024-259326 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 985] नई दिल्ली, मगं लवार, दिसम्ब र 10, 2024/अग्रहायण 19, 1946 No. 985] NEW DELHI, TUESDAY, DECEMBER 10, 2024/AGRAHAYANA 19, 1946 नई दिल् ली, 23 uoEcj 2024 .— Þforj.k vuqKfIr/kkfj;kas }kjk ÅtkZ dh mikfIRk ds fy, ckys h çfØ;k }kjk VSfjQ dk vo/kkj.k dju s grs q ekxZn'kZd fl)kra ß ls lacfa/kr fo|qr ea=ky; dh le;≤ ij ;Fkkla'kkfs/kr rkjh[k 19-01-2005 dh vf/klwpuk ds [kMa 5-6 ¼vi½ ds vuqlj.k es]a 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 es a vkcafVr dju s oky s 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 nLrkostksa ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvksvks½ vk/kkj vkSj lzkrs bZa/ku ij LFkkfir FkeZy ikoj LV's kuksa ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunZs'k** ds la'kks/ku ij fnukad 11-07-2022 ds çLrko ds vuqlj.k es]a dsfofovk Hkqxrku ds iz;kts u ds fy, fuEufyf[kr o`f) njks a dks vf/klwfpr djrk gSA 1- vk;kfrr dks;ys ds fy, o`f) nj 3.04% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj 0.63% 8005 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 3- vk;kfrr dks;ys dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj -0.39% [जवज्ञापन-III/4/असा./754/2024-25] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 23rd November, 2024 No. Eco-M11/2024-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 November 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 3.04% 2 Escalation rate for transportation of imported coal 0.63% 3 Escalation rate for inland handling of imported coal -0.39% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./754/2024-25] 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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