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Date: 05-Jan-2023 Category: Extra Ordinary State: Union Government Country: India

In pursuance of Clause 56 vi of 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

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • This notification from the Central Electricity Regulatory Commission (CERC) announces the monthly escalation rates applicable for December 2022 for payments related to power procurement by distribution licensees. These rates are specifically for power generated from thermal power stations using imported coal, as per the guidelines and policies mentioned in the notification.

Key Changes

  • The notification specifies the following monthly escalation rates for December 2022:
  • Escalation rate for imported coal: -9.99%
  • Escalation rate for transportation of imported coal: -5.72%
  • Escalation rate for inland handling of imported coal: -0.24%
  • These rates are to be used for payment purposes as per the Power Purchase Agreements (PPAs) entered into under the relevant guidelines.

Impact Analysis

Distribution Licensees

  • Action Items: Distribution licensees should incorporate these revised escalation rates into their payment calculations for December 2022 and subsequent months until new rates are notified. They should also analyze the impact on their overall power procurement costs and adjust their strategies accordingly.

Thermal Power Stations using Imported Coal

  • Action Items: These power stations should review their cost structures and operational efficiencies to mitigate the impact of reduced revenue. They may also need to renegotiate their coal supply contracts or explore alternative fuel sources.

Consumers

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

Coal Importers and Transporters

  • Action Items: These entities should assess the impact on their profitability and explore strategies to optimize their operations and maintain competitiveness.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for regulating the electricity sector in India, including tariff determination and notification of escalation rates. Ministry of Power (MOP): The government ministry responsible for the development of the power sector in India, including formulating policies and guidelines. Distribution Licensees: Entities licensed to distribute electricity to consumers. Thermal Power Stations: Power plants that generate electricity by burning fuel, in this case, imported coal. SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy: A policy aimed at ensuring transparent allocation of coal in India. 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 for power procurement.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एxलx.x-GअID.-E0x5xx0 12023-241704 CG-DL-E-05012023-241704 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 06] नई दिल्ली, बृहस्ट्प जतिार, िनिरी 5, 2023/पौष 15, 1944 No. 06] NEW DELHI, THURSDAY, JANUARY 5, 2023/PAUSHA 15, 1944 अजधसचू ना नई दिल्ली, 23 दिसम्बर, 2022 .—Þforj.k vuKq fIr/kkfj;ks a }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k dju s gsrq ekxZn'kZd fl)karß ls lacaf/kr fo|qr e=a ky; dh le;≤ ij ;Fkkla'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;ksx dks fo|qr e=a ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr eas dks;yk] ikjn'khZ :Ik eas vkcafVr djus oky s vkSj gkuZsflax ds fy, ;kstuk½ uhfr** fnukad 06-03-2019 ds ch¼I½] ch¼III½ vkSj ch¼IV½ ds v/khu dk;s 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'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 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 (-)9.99% 2- vk;kfrr dks;y s ds ifjogu ds fy, o`f) nj (-)5.72% 3- vk;kfrr dks;y s dh varnZs'kh; mBkbZ&/kjkbZ ds fy, o`f) nj (-)0.24% gjizhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./532/2022-23] 65 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 23rd December, 2022 No. Eco-M12/2022-CERC.—In pursuance of Clause 5.6 (vi) of 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 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 2022 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 No. Rates for Payment 1 Escalation rate for imported coal (-)9.99% 2 Escalation rate for transportation of imported coal (-)5.72% 3 Escalation rate for inland handling of imported coal (-)0.24% HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./532/2022-23] 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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