Date: 2025-11-03Category: Extra OrdinaryState: Union GovernmentCountry: India
In pursuance of the Tariff based Competitive bidding Guidelines for Transmission Service, amended up to 10th October 2008, issued by the Ministry of Power and Schedule 7 of the Standard Transmission Service Agreement documents, the Central Electricity Regulatory Commission
**Executive Summary**
This document from the Central Electricity Regulatory Commission (CERC) notifies the annual escalation rate applicable for payment as per the Transmission Service Agreement from October 1, 2025, to March 31, 2026. It also notifies the discount rate for determining relief under Force Majeure Event & Change in Law during the Construction Period as per the Transmission Service Agreement for the same duration. The notification is issued in pursuance of guidelines from the Ministry of Power.
**Key Points / Main Content**
* **Annual Escalation Rate for Payment:**
* Annual inflation rate for escalable transmission charges for the purpose of payment: -0.67%.
* **Discount Rate for Force Majeure Relief During Construction:**
* Discount rate for determining the Relief under Force Majeure Event & Change in Law during the Construction Period: 9.88%.
**Impact Analysis**
**Stakeholder: Parties involved in Transmission Service Agreements**
* **Impact:** The notified annual escalation and discount rates directly affect the financial aspects of their agreements.
* **Action Required:** Parties must incorporate the new rates into their payment calculations for the specified period (October 1, 2025 to March 31, 2026).
Key Entities Referenced
Central Electricity Regulatory Commission (CERC): The primary regulatory body issuing the notification regarding escalation and discount rates for transmission services.
Tariff-based Competitive-bidding Guidelines for Transmission Service: Guidelines issued by the Ministry of Power, referenced as the basis for CERC's notification.
Ministry of Power: The ministry that issued the guidelines upon which the CERC notification is based.
Standard Transmission Service Agreement: An agreement, specifically Schedule-7 and Schedule-9, referenced for determining escalation and discount rates.
Revised Guidelines and Standard Bidding Documents (SBDs) for procurement of Inter-State Transmission Services (ISTS) through Tariff Based Competitive Bidding (TBCB) process: Guidelines issued by the Ministry of Power, regarding procurement of Inter-State Transmission Services
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-10112025-267536
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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No. 707] NEW DELHI, MONDAY, NOVEMBER 3, 2025/KARTIKA 12, 1947
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[जवज्ञापन-III/4/असा./442/2025-26]
CENTRAL ELECTRICITY REGULATORY COMMISSION
NOTIFICATION
New Delhi, the 21st October, 2025
F. No. Eco T2/2025-CERC.— In pursuance of the "Tariff-based Competitive-bidding Guidelines for
Transmission Service", amended up to 10th October 2008, issued by the Ministry of Power and Schedule-7 of the
Standard Transmission Service Agreement documents, the Central Electricity Regulatory Commission (CERC) hereby
notifies the following escalation rate for the purpose of payment for the period from 01.10.2025 to 31.03.2026.
Annual Escalation Rate applicable for the purpose of payment as per the Transmission Service Agreement:
S. No. Description Annual Escalation Rate for
Payment
1. Annual inflation rate for escalable transmission charges for the
purpose of payment -0.67%
2. In accordance with Schedule-9 of the Standard Transmission Service Agreement under the "Revised Guidelines
and Standard Bidding Documents (SBDs) for procurement of lnter-State Transmission Services (ISTS) through Tariff
Based Competitive Bidding (TBCB) process" dated 6th August 2021 issued by the Ministry of Power, the CERC hereby
notifies the following discount rate for the period from 01.10.2025 to 31.03.2026.
Discount rate for determining the Relief under Force Majeure Event & Change in Law during the Construction
Period as per the Transmission Service Agreement:
S. No. Description Discount Rate
1. Discount rate for determining the Relief under Force Majeure
Event & Change in Law during the Construction Period 9.88%
HARPREET SINGH PRUTHI, Secy.
[ADVT.-III/4/Exty./442/2025-26]
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.