Home India Central Electricity Regulatory Commission In the exercise of powers conferred under section 178 of the...
Date: 2025-04-11 Category: Extra Ordinary State: Union Government Country: India

In the exercise of powers conferred under section 178 of the Electricity Act,

Issued by Central Electricity Regulatory Commission · Not Applicable

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Okay, I'm ready to generate the policy analysis report based on the provided text. **Report: Analysis of the Central Electricity Regulatory Commission Terms and Conditions of Tariff First Amendment Regulations, 2025** **1. Executive Summary:** This report analyzes the Central Electricity Regulatory Commission (CERC) Terms and Conditions of Tariff First Amendment Regulations, 2025, which amends the CERC Terms and Conditions of Tariff Regulations, 2024. The core purpose of this amendment, as inferred from the text, is to refine and update the tariff determination process for electricity generation companies. Key changes include replacing the "1 year SBI MCLR plus 100 basis points" with the "Bank Rate" in several regulations, adjustments to self-insurance premium rules, revisions to input fuel price calculations (coal), adjustments for overburden removal, and provisions for compensating generating stations operating below normative plant availability factor. These amendments aim to provide clarity, improve accuracy, and address specific operational challenges faced by generating companies. **2. Introduction:** This report aims to provide an informative overview and analysis of the Central Electricity Regulatory Commission (CERC) Terms and Conditions of Tariff First Amendment Regulations, 2025. The analysis is based solely on the policy text provided. **3. Policy Overview:** * This document represents an *amendment* to the Central Electricity Regulatory Commission Terms and Conditions of Tariff Regulations, 2024 (referred to as the "Principal Regulations"). * **Core Objective(s) (Inferred):** Based on the provided text, the primary objectives of these amendments appear to be: * To update and clarify the methodology for calculating various tariff components. * To address specific operational challenges and provide compensation mechanisms for generating companies. * To refine the rules around self-insurance premiums. * To adjust for alternate coal prices. **4. Background and Rationale:** This amendment appears to address issues related to the practical application and fairness of the original CERC Terms and Conditions of Tariff Regulations, 2024. The rationale behind the specific changes can be inferred as follows: * **Replacing "1 year SBI MCLR plus 100 basis points" with "Bank Rate":** This change suggests a move to a more stable and potentially more relevant benchmark for interest rate calculations within the tariff structure. * **Adjustments to Self-Insurance Premium Rules:** The new proviso added to Regulation 36 suggests a need to ensure proper management and utilization of self-insurance funds. * **Revisions to Input Fuel Price Calculations (Coal):** The changes to Regulation 50 indicate an effort to incorporate the price of alternative coal sources in tariff calculations, potentially to address situations where the primary coal source is unavailable or insufficient. * **Adjustment to Overburden Removal (OB):** The need to remove overburden and to deal with excess overburden or shortfall of overburden removal required adjustments to the original regulations. * **Provisions for Compensation Below Normative Plant Availability:**The inclusion of Clause G in Regulation 70 suggests a need to compensate generating stations that are operating below specified capacity factors, which in turn can ensure continued viability and performance during lower utilization. **5. Key Provisions / Changes:** This section focuses on the *specific changes* introduced by the amendment text: * **Regulation 3:** Subregulation 9A is added defining "Bank Rate" as the one-year marginal cost of lending rate as specified by the State Bank of India from time to time plus 100 basis points. * **Change:** Introducing a definition for "Bank Rate." * **Effect:** Provides a specific benchmark for rate calculations. * **Regulations 9 and 10:** Replaces "1 year SBI MCLR plus 100 basis points" with "the bank rate" in several subregulations. * **Change:** Switching from a specific SBI lending rate to a more general "bank rate." * **Effect:** This likely aims to simplify calculations and use a more standardized benchmark rate, and to provide a more consistent formula. * **Regulation 36:** Modifies the percentage from "0.09" to "0.12" in the first proviso to clause d of subregulation 3. Adds a new proviso requiring self-insurance premium to be transferred to a separate fund and reported to the Commission. * **Change:** Adjusting the allowable percentage and adding requirements for self-insurance fund management. * **Effect:** The first change adjusts the acceptable premium calculation. The second ensures accountability and proper use of self-insurance funds. * **Regulation 37:** Modifies the proviso under subregulation 2, and includes changes to input prices of coal, and using "the bank rate." * **Change:** Allowing the Commission to allow interim fuel prices up to 90% of the claimed price. * **Effect:** This change is likely intended to provide more timely tariff adjustments. * **Regulation 50:** Modifies coal costs, and refers to "alternative coal" available. * **Change:** Shifting from Coal India Limited notified prices to the price of alternative coal. Requires generating companies to obtain prior consent from beneficiaries. * **Regulation 51:** Replaces the existing Regulation 51 entirely with a new one detailing adjustments related to overburden removal. * **Change:** Replacing the old Overburden Removal (OB) regulation. * **Effect:** More detailed procedure for calculating overburden removal shortfalls or excess. The provisions do not apply for mines allocated through an auction route under the Coal Mines Special Provisions Act, 2015. * **Regulation 70:** Addition of clause G regarding compensation for plants operating below normative availability. * **Change:** Adding clause G. * **Effect:** Specifies compensation for plants that operate below normative availability factor, which helps provide continued performance during lower utilization. **6. Target Audience and Stakeholders:** Based on the text, the primary target audience and stakeholders are: * Electricity generating companies. * Central Electricity Regulatory Commission (CERC). * Electricity beneficiaries (consumers or distribution companies). * National Load Dispatch Centre (NLDC). * State Bank of India (SBI). **7. Implementation Aspects (Inferred):** * **Responsible Agency/Bodies:** The Central Electricity Regulatory Commission (CERC) is responsible for implementing and overseeing these regulations. The National Load Dispatch Centre (NLDC) also has a role in some calculations. * **Timelines:** The regulations are effective from April 1, 2024 (retroactive). * **Procedures:** The text specifies procedures for calculating adjustments related to fuel costs, overburden removal, and compensation for plants operating below normative availability, to be calculated by various parties including CERC and NLDC. **8. Expected Outcomes / Impact of Changes:** The likely intended outcomes of these amendments are: * **More Accurate Tariff Determination:** By using the "Bank Rate" and including provisions for alternative coal prices, the amendments likely aim to improve the accuracy of tariff calculations, reflecting current market conditions. * **Improved Financial Viability:** The overburden removal and compensation mechanisms could help improve the financial viability of generating companies by addressing specific cost factors. * **Greater Transparency and Accountability:** The requirement to manage self-insurance premiums in a separate fund enhances transparency and accountability. * **Fairer Compensation:** The addition of provisions for generators operating below capacity improves outcomes for those impacted generators. **9. Conclusion:** The Central Electricity Regulatory Commission Terms and Conditions of Tariff First Amendment Regulations, 2025 represent a significant update to the tariff determination framework for electricity generating companies in India. The changes address practical challenges, improve accuracy in calculations, and provide compensation mechanisms to promote efficient and sustainable power generation. These amendments are aimed at ensuring fair and transparent tariff structures for both generators and consumers.

Key Entities Referenced

Electricity Act, 2003: Refers to the main legislation providing the CERC with its powers. Section 178 of the Electricity Act, 2003: Specifies the section of the Electricity Act that empowers the CERC to make regulations. Section 61: Section of the Electricity Act 2003, related to tariff regulations. Central Electricity Regulatory Commission: A government organization responsible for regulating the electricity sector. Central Electricity Regulatory Commission Terms and Conditions of Tariff First Amendment Regulations, 2024: The original regulations being amended. Central Electricity Regulatory Commission Terms and Conditions of Tariff First Amendment Regulations, 2025: The current regulations amending the previous ones. 1.4.2024: Effective date of the regulations. State Bank of India: An Indian public sector bank. 100 basis points: Used to specify an amount added to the Bank Rate for calculation. SBI MCLR: Marginal Cost of Lending Rate, a benchmark lending rate used by State Bank of India. Replaced by Bank Rate. Bank Rate: The benchmark interest rate as specified by the State Bank of India from time to time. Coal Mines Special Provisions Act, 2015: Relates to the allocation of integrated mines through auctions. Ministry of Coal, Government of India: Governmental Ministry Central Government: The Government of India. Grid Code Regulations 2023: Regulations governing the operation of the electrical grid. Regulation 47 of the Grid Code Regulations 2023: Regulation within the Grid Code Regulations related to unit shutdown. Central Electricity Regulatory Commission Ancillary Services Operations Regulations, 2022: Regulations related to the provision of ancillary services in the electricity sector. NLDC: National Load Despatch Centre, an organization responsible for grid management. : Used to specify monetary values
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12042025-262433 xxxGIDHxxx CG-DL-E-12042025-262433 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY 7, 1947 स.ं 293] नई दिल्ली, िुक्रवार, अप्रलै 11, 2025/चत्रै 21, 1947 No. 293] NEW DELHI, FRIDAY, APRIL 11, 2025/CHAITRA 21, 1947 17, 1947 ubZ fnYyh] 4] Qjojh 2025 dsUæh; fo|qr fofu;ked vk;ksx] fo|qr vf/kfu;e] 2003 ¼2003 dk 36½ dh /kkjk 178 vkSj mlds lkFk ifBr mldh /kkjk 61 ds v/khu çnÙk 'kfä;ksa rFkk bl fufeÙk lkeFkZ~;dkjh lHkh vU; 'kfä;kas dk ç;kxs djr s gq, rFkk iwoZ çdk'ku ds ckn] le;&le; ij ;Fkk la'kkfs/kr dsUæh; fo|qr fofu;ked vk;kxs ¼VSfjQ ds fuca/ku vkSj 'krsZa½ fofu;e] 2024 ¼ftls blds i'pkr~ Þewy fofu;eß dgk x;k gS½ dks la'kksf/kr dju s ds fy, ,rn~ }kjk fuEufyf[kr fofu;e cukrk gSA 1-1 bu fofu;eks a dk laf{kIr uke dsUæh; fo|qr fofu;ked vk;kxs ¼VSfjQ ds fuc/a ku vkSj 'krsZa½ ¼çFke la'kk/s ku½ fofu;e] 2025 gSA 1-2 ;s fofu;e fnukad 1-4-2024 ls ço`Ùk gksxa sA 2-1 ewy fofu;eksa ds mi&fofu;e ¼9½ ds ckn mi&fofu;e ¼9d½ fuEukuqlkj tksM+k tk,xk%& ÞcSad njß ls le;&le; ij Hkkjrh; LVsV cSad }kjk ;Fkk fofufnZ"V ,d o"kZ dh _.k dh ekftZuy ykxr dh nj ;k orZeku esa ykxw mlds fdlh çfrLFkkiu ds lkFk 100 csfll IokbaV~l vfHkçsr gSAß 2478 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 3-1 ewy fofu;ekas ds fofu;e 9 ds mi&fofu;e ¼5½ esa] 'kCnkas vkSj okD;k'a kkas Þ1&o"kZ ,lchvkbZ ,elh,yvkj tek 100 csfll IokbaV~l ds lk/kkj.k C;kt dh nj ijß ds LFkku ij 'kCn ÞcSad nj ijß j[ks tk,axsA 3-2 ewy fofu;ekas ds fofu;e 10 ds mi&fofu;e ¼3½ esa] 'kCnks a vkSj okD;ka'kks a Þ1 o"kZ ,lchvkbZ ,elh,yvkj tek 100 csfll IokbaV~lß ds LFkku ij 'kCn ÞcSad njß j[k s tk,axsA 3-3 ewy fofu;ekas ds fofu;e 10 ds mi&fofu;e ¼6½ esa] 'kCnks a vkSj okD;ka'kks a Þ1 o"kZ ,lchvkbZ ,elh,yvkj tek 100 csfll IokbaV~lß ds LFkku ij 'kCn ÞcSad njß j[k s tk,axsA 3-4 ewy fofu;ekas ds fofu;e 10 ds mi&fofu;e ¼7½ esa] 'kCnks a vkSj okD;ka'kks a Þ1 o"kZ ,lchvkbZ ,elh,yvkj tek 100 csfll IokbaV~l ds vk/kkj ij fudkys xbZ njß ds LFkku ij 'kCn ÞcSad njß j[k s tk,axsA 4-1 ewy fofu;ekas ds fofu;e 36 ds mi&fofu;e ¼3½ ds [kaM ¼?k½ ds çFke ijarqd es]a la[;k Þ0-09%ß ds LFkku ij la[;k Þ0-12%ß j[kh tk,xhA 4-2 ewy fofu;ekas ds fofu;e 36 ds mi&fofu;e ¼3½ ds [kaM ¼?k½ ds f}rh; ijra qd ds ckn fuEufyf[kr ijra qd dks tkMs +k tk,xk%& Þijra q ;g fd Lo&chek çhfe;e dks nkoka s dks iwjk dju s ds fy, mi;ksx grs q i`Fkd fuf/k es a vra fjr fd;k tk,xk] vkSj fd, x, O;; ;k Lo&chek fuf/k ls mi;ksx dh xbZ jkf'k dks funZs'k fn, tkus ij vk;kxs dk s miyC/k djokbZ tk,xhAß 5-1 ewy fofu;eks a ds fofu;e 37 ds mi&fofu;e ¼2½ ds v/khu ijarqd dks fuEufyf[kr ijra qd }kjk çfrLFkkfir fd;k tk,xk%& Þijra q ;g fd mRiknu daiuh viuh ;kfpdk es a vra fje buiqV dher dk vuqjks/k dj ldrh gS] ftldh vuqefr vkosnu dh çFke lquokbZ ds ckn nkok dh xbZ buiqV dher ds 90% rd vk;kxs }kjk nh tk ldrh gS( ijra q ;g vkSj fd bu fofu;eks a ds v/khu vo/kkfjr dks;ys dh buiqV dher vkSj bl mi&fofu;e ds lac/a k esa mRiknu daiuh }kjk viukbZ xbZ dks;ys dh buiqV dher ;k bl mi&fofu;e ds çFke ijarqd ds v/khu vk;ksx }kjk vuqKkr vra fje buiqV dher dk vra j bu fofu;ekas ds mi&fofu;e ¼4½ ds vuqlkj olwyh&;ksX; ;k ns; gksxkAß 5-2 ewy fofu;ekas ds fofu;e 37 ds mi&fofu;e ¼4½ vkSj mlds v/khu f}rh; ijra qd esa] 'kCnks a vkSj okD;k'kksa Þ1&o"kZ ,lchvkbZ ,elh,yvkj tek 100 cfsll IokbVa ~lß ds LFkku ij 'kCn ÞcSad njß j[k s tk,axsA 6-1 ewy fofu;eks a ds fofu;e 50 ds mi&fofu;e ¼1½ ds çFke ijarqd esa] 'kCnksa vkSj okD;k'a kksa Þekg esa dks;ys ds vuq:i xzsM ds fy, dks;yk bafM;k fy- dh vf/klwfpr dher ij vk/kkfjrß ds LFkku ij 'kCn vkSj okD;k'a k Þfdlh ekg es a LV's ku dks miyC/k oSdfYid dks;ys dh dher ij vk/kkfjrß vkSj 'kCnksa vkSj okD;k'a kks a ÞykHkkFkhZ ¼ykHkkfFkZ;kas½ dh iwoZ lgefr mRiknu daiuh }kjk çkIr djuk visf{kr gksxkß ds LFkku ij 'kCn vkSj okD;k'a k Þrks mRiknu daiuh dks ykHkkFkhZ ¼ykHkkfFkZ;ks½a ls iwoZ lgefr çkIr djuk gksxkß j[ks tk,axsA 6-2 ewy fofu;eksa ds fofu;e 50 ds mi&fofu;e ¼1½ ds f}rh; ijra qd es]a 'kCnksa vkSj okD;k'a kks a Þekg es a dks;ys ds vuq:i xzsM ds fy, dks;yk bafM;k fy- dh vf/klwfpr dher ij vk/kkfjrß ds LFkku ij 'kCn vkSj okD;k'a k Þfdlh ekg es a LV's ku dks miyC/k oSdfYid dks;ys dh dher ij vk/kkfjrß j[ks tk,axsA 6-3 ewy fofu;eksa ds fofu;e 50 ds mi&fofu;e ¼1½ eas] fuEufyf[kr Li"Vhdj.k varoZsf'kr fd;k tk,xk%[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3 ÞLi"Vhdj.k% mRiknu LV's ku ds fy, oSdfYid dks;yk ml O;oLFkk ls dks;ys dk lzksr gksxk tks mRiknu daiuh }kjk lac) ,dh—r [knku ls dks;ys dh deh ;k xSj&miyC/krk ds ekeys esa dh tkrh vkSj lHkh vU; miyC/k fodYiks a dh rqyuk esa U;wure ykxr O;oLFkk gksrhAß 7-1 ewy fofu;eksa ds fofu;e 51 dks fuEukuqlkj çfrLFkkfir fd;k tk,xk%& ¼1½ mRiknu daiuh [knku ;kstuk eas fofufnZ"V vR;f/kd Hkkj dk fujkdj.k djsxhA ¼2½ o"kZ ds njku vR;f/kd Hkkj fujkdj.k es a deh ;k vkf/kD; ds ekeys es a mRiknu daiuh dk s fnukad 31-3-2029 rd VSfjQ vof/k ds 'k"sk o"kksaZ ds nkSjku ,ls h deh ;k vkf/kD;] ;FkkfLFkfr] ;fn dksbZ gk]s dks lek;ksftr dju s dh vuqefr gkxs hA ijra q ;g fd & d½ fnukda 31-3-2029 dk s vkf/kD; vR;f/kd Hkkj dk]s ;fn dksbZ gks] mu dkj.kks a ls tks mRiknu daiuh ij vkjkIs; ugh a gSa] buiqV dher ds Vªw vi ds le; VSfjQ vof/k dh lekfIr ls vkxs ys tku s dh vuqefr gkxs h( [k½ mRiknu daiuh] Vªwbxa vi ds mís'; ls VSfjQ vof/k dh lekfIr ij vR;f/kd Hkkj ds lek;kts u ds fooj.k çLrqr djxs hA ¼3½ tgk¡ o"kZ es a vR;f/kd Hkkj fujkdj.k] [knku ;kts uk es a fn, x, fu"d"kZ.k dh o"kZ okj vuqlwph ds vuqlkj fujkdj.k fd, tkus oky s vR;f/kd Hkkj ls de gS] rks ml o"kZ ds fy, vR;f/kd Hkkj fujkdj.k ¼Þvksch lek;kstuß½ dh deh ds dkj.k lek;kstu fuEukuqlkj fd;k tk,xk%& d½ ;fn [kuu fodkldrkZ vkSj çpkyd fu;qä fd;k x;k gS%& vksch lek;kts u ¾ [ o"kZ ds nkSjku vR;f/kd Hkkj fujkdj.k dh deh ds fy, lek;kstu dk ?kVd] x [o"kZ ds nkSjku [kuu çHkkj] [k½ ;fn [kuu fodkldrkZ vkSj çpkyd dk s fu;qä ugha fd;k x;k gS%& vksch lek;kts u ¾ [ o"kZ ds nkSjku vR;f/kd Hkkj fujkdj.k dh deh ds fy, lek;kstu dk ?kVd] x [o"kZ ds nkSjku [kuu xfrfof/k ds çpkyu vkSj j[kj[kko [kpsZ] tgk¡] i½ o"kZ ds nkSjku vR;f/kd fujkdj.k dh deh ds fy, lek;kstu dk ?kVd fuEukuqlkj laxf.kr fd;k tk,xk%& [¼[kuu ;kts uk ds vuqlkj okf"kZd fLVªfiax vuqikr½ & ¼o"kZ ds nkSjku dk;s ys dh okLrfod ek=k vkSj fujkdj.k fd, x, vR;f/kd Hkkj ij vk/kkfjr okLrfod fLVªfiax vuqikr½] @ ¼1 + [kuu ;kstuk ds vuqlkj okf"kZd fLVªfiax vuqikr½( ii½ okf"kZd fLVªfiax vuqikr [kuu ;kts uk es a ;FkkfofufnZ"V dks;ys ;k fyXukbV dh ,d ;wfuV ds fy, fujkdj.k fd, tkus okys vR;kf/kd Hkkj dh ek=k dk vuqikr gSA iii½ [kuu çHkkj] [knku fodkldrkZ vkSj çpkyd ds lkFk lafonk ds vuqlkj vksch lek;kstu ds fcuk] [kuu ds fy, mRiknu daiuh }kjk fu;qä [knku fodkldrkZ vkSj çpkyd] tgk¡ Hkh ykxw gks] dks mRiknu daiuh }kjk Hkqxrku fd;k x;k dks;ys ;k fyXukbV dk çfr Vu dkVs fd;k x;k çHkkj gSA iv½ [kuu çHkkj vkSj çpkyu vkSj j[kj[kko O;;] fLVªfiax vuqikr vkSj [kuu ;kstuk ds vuqlkj dks;ys dh okf"kZd ek=k vkSj vR;kf/kd Hkkj ds rnuq:i #i, çfr Vu ds vuqlkj gkxs kA4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] v½ [kuu xfrfof/k ds çpkyu vkSj j[kj[kko O;;] bu fofu;ekas ds fofu;e 43 es a okf"kZd fu"d"kZ.k ykxr esa ekus x, çpkyu vkSj j[kj[kko O;; gkasxs vkSj bu fofu;eksa ds fofu;e 40 es a mi&fofu;e ¼1½ es a Øf'kxa ] ifjogu] okf'kxa ] vkSj gSaMfyax ls lacfa/kr çpkyu vkSj j[kj[kko O;; dks NkMs +dj gksxa sA vi½ tgk¡ mRiknu daiuh us [kuu ds fy, [knku fodkldrkZ vkSj çpkyd dks fu;qä fd;k gS vkSj [knku fodkldrkZ vkSj çpkyd ds lkFk lafonk ds vuqlkj vksch lek;kts u fd;k x;k gS] ogk¡ bu fofu;e ds vuqlkj fuoy vksch lek;kts u dh lax.kuk] bl fofu;e ds fofu;e 51¼3½ ds vuqlkj vksch lek;kstu vkSj [knku fodkldrkZ vkSj çpkyd ds lkFk mRiknu daiuh dh lafonk ds vuqlkj vksch lek;kstu ds vra j ds vk/kkj ij dh tk,xh% ijra q ;g fd ;fn [knku fodkldrkZ vkSj çpkyd ds lkFk lafonk ds vuqlkj vkcs h lek;kts u] fofu;e 51¼3½ ds vuqlkj vkcs h lek;kts u ls vf/kd gksrk gS] rks vksch lek;kts u dks 'kUw ; ekuk tk,xkA ¼4½ vR;f/kd Hkkj fujkdj.k dh deh ;k vf/kdrk] ;fn dksbZ gks] ds dkj.k lek;kstu ls lacfa/kr bl fofu;e ds mica/k] dks;yk [knku ¼fo'ks"k mic/a k½ vf/kfu;e] 2015 ds v/khu uhykeh :V ds ek/;e ls vkcafVr ,dh—r [knku ¼[knkukas½ ds ekey s es a ykxw ugha gkasxsAß 8-1 fofu;e 55 esa] 'kCnkas Þdks;yk ea=ky;] Hkkjr ljdkjß ds LFkku ij 'kCn ÞdsUæ ljdkjß j[ks tk,axsA 9-1 ewy fofu;eks a ds fofu;e 64 ds mi&fofu;e ¼3½ ds [kaM ¼?k½ ds f}rh; ijarqd es]a 'kCn vkSj okD;k'a k Þ[kMa ¼5½ß ds LFkku ij 'kCn Þ[kMa ¼6½ß j[ks tk,axsA 10-1 ewy fofu;eksa ds fofu;e 70¼d½ ds [kMa ¼[k½ es]a 'kCnks a ^^31-03-2024 dk^s^ ds ckn 'kCn ^^;k mlds ckn [kMa kas ¼x½] ¼?k½ vkSj ¼³½ ds v/khu doj fd, x, dks NksM+dj^^ tksMs+ tk,axsA 10-1 ewy fofu;eks a ds fofu;e 70¼[k½ ds [kMa ¼[k½ es]a 'kCnksa ^^31-03-2024 dks^^ ds ckn 'kCn ^^;k mlds ckn^^ tksM+ s tk,xa sA 10-2 ewy fofu;eksa ds fofu;e 70¼³½ eas & d½ paæiqj Vhih,l ¼2x250 esxkokV½ ¼Mhohlh½ ds lac/a k es a lkj.kh esa f}rh; iafä es a lgk;d miHkksx ds eku Þ9-50%ß ds LFkku ij eku Þ9-80%ß j[kk tk,xk( [k½ [kMa ¼?k½ ds mi&[kaM ¼iii½ ds v/khu] 'kCnks a ÞVhih,l&I ¼foLrkj½ß ds LFkku ij 'kCn ÞVhih,l&II ¼foLrkj½ß j[k s tk,axsA 10-3 ewy fofu;eksa ds fofu;e 70 ds [kaM ¼p½ ds ckn [kaM ¼N½ fuEukuqlkj tkMs +k tk,xk%& ¼1½ ftu mRiknu LV's kuksa dk VSfjQ vf/kfu;e dh /kkjk 62 ds v/khu vk;ksx }kjk vo/kkfjr fd;k x;k gS] mUgas LV's ku ghV nj vkSj lgk;d ÅtkZ [kir esa fuEuhdj.k] bu fofu;eks a ds fofu;e 70¼d½ ds v/khu fofufnZ"V ekudh; la;a= miyC/krk dkjd ls uhps yksfMax ds dkj.k vfrfjä f}rh;d bZa/ku rsy dh [kir ds fy, {kfriwfrZ çnku dh tk,xhA ¼2½ bl fofu;e ds fofu;e ¼1½ ds v/khu fuEuhdj.k ds fy, {kfriwfrZ dk ogu ml bdkbZ }kjk fd;k tk,xk ftlds dkj.k la;a= dk çpkyu rnuq:ih ekudh; la;a= miyC/krk dkjd ls fue vuqlwph ij fd;k x;k gSA[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 5 ¼3½ LV's ku ghV nj vkSj lgk;d ÅtkZ [kir ds fy, {kfriwfrZ ÅtkZ çHkkj nj ds laca/k es a irk yxkbZ tk,xhA ¼4½ bl fofu;e ds fofu;e ¼1½ ds v/khu {kfriwfrZ ds mís'; ls] bu fofu;ekas ds fofu;e 70¼x½ ds v/khu fofufnZ"V ekunMa ks a ls vf/kd ldy LVs'ku ghV nj ¼,l,pvkj½ dk fuEuhdj.k fuEukuqlkj ekuk tk,xk%& d½ dks;yk ;k fyXukbV vk/kkfjr mRiknu LVs'kuks a ds fy,%& % % % 1- 85 &100 'kwU; 'kwU; 2- 80 & <85 2-1 1-8 3- 75 & <80 3-0 2-5 4- 70 & <75 4-0 3-3 5- 65 & <70 5-1 4-1 6- 60 & <65 6-1 4-9 7- 55 & <60 7-6 6-0 8- 50 & <55 9-2 7-1 9- 45 & <50 11-3 8-3 10- 40 & <45 13-8 9-9 [k½ xSl ;k rjy bZa/ku vk/kkfjr mRiknu LV's kuksa ds fy,%& ¼i½ lhlhthVh ekMs es a çpkyu djus oky s e‚Mîyw @la;a=% % % 1- 85 &100 'kwU; 2- 80 & <85 2-5 3- 70 & <80 5 4- 60 & <70 8 5- 50 & <60 12 ¼ii½ vksiu lkbdy eksM es a çpkyu dju s okys e‚Mîwy@la;a=% % % 1- 85 &100 'kwU; 2- 80 & <85 3 3- 70 & <80 7 4- 60 & <70 11 5- 50 & <60 16 ¼5½ bl fofu;e ds fofu;e ¼1½ ds v/khu {kfriwfrZ ds mís'; ls] bu fofu;ekas ds fofu;e 70¼³½ ds v/khu fofufnZ"V ekunMa ks a ls vf/kd lgk;d ÅtkZ [kir ¼,bZlh½ ds fuEuhdj.k dk s fuEukuqlkj ekuk tk,xk%& d½ dks;yk ;k fyXukbV vk/kkfjr mRiknu LVs'kuks a ds fy,%6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] % % 1- 85 &100 'kwU; 2- 80 & <85 0-5 3- 70 & <80 1-1 4- 60 & <70 1-8 5- 50 & <60 2-5 6- 40 & <50 3-2 [k½ xSl ;k fyXukbV vk/kkfjr mRiknu LV's kuks a ds fy,% % % 1- 85 &100 'kwU; 2- 80 & <85 0-25 3- 70 & <80 0-50 4- 60 & <70 0-80 5- 50 & <60 1-20 ¼6½ fxzM dksM fofu;e] 2023 ds fofu;e 47 ds vuqlkj ;wfuV 'kVMkmu ds v/khu mRiknu LV's ku ds fy, f}rh;d bZa/ku rsy [kir ds fy, vfrfjä {kfriwfrZ o"kZ esa lkr ¼7½ LVkVZ@LV‚i ls vf/kd ds fy, Lohdk;Z gksxhA bl fofu;e ds fofu;e ¼1½ ds v/khu {kfrifwrZ ds mís'; ls] çfr LVkVZ vi f}rh;d bZa/ku rys [kir dk s fuEufyf[kr ekunMa ;k okLrfod] tk s Hkh fuEurj gk]s ds vk/kkj ij ekuk tk,xk%& 200@210@250 ,eMCY;w 20 40 60 500 ,eMCY;w 30 60 100 660 ,eMCY;w 45 75 130 800 ,eMCY;w 60 80 150 VhfFkxa ;k fLFkjhdj.k ekeyksa ds dkj.k] 55% ;wfuV yksfMax ls uhps çpkyu dju s okyh bdkb;ksa ds fy, 0-2 ,e,y@fdykos kV ?kVa k dh vfrfjä fofufnZ"V f}rh;d bZa/ku rsy [kir çnku dh tk,xh rFkk lqijfØfVdy ;k vYVªk&lqijfØfVdy bdkb;kas ds fy,] LVkVZ&vi rsy dh 10% vfrfjä ek=k okf.kfT;d çpkyu dh rkjh[k ¼lhvkMs h½ ls 3 o"kksaZ dh vof/k ds fy, çnku dh tk,xhA ¼7½ {kfriwfrZ dks /;ku es a j[ku s gq,] okLrfod ÅtkZ çHkkjksa ds vfrfjä laxf.kr foÙkh; ykHkks a dk s vk;kxs ds vuqekns u ls ,u,yMhlh }kjk tkjh fd, tkus okyh fØ;kfof/k ds vuqlkj 1%1 ds vuqikr esa mRiknu LV's ku vkSj ykHkkfFkZ;kas ds chp lk>k fd;k tk,xkA ¼8½ LVs'ku ghV nj] lgk;d ÅtkZ [kir vkSj f}rh;d rys [kir ds okLrfod Hkkfjr vkSlr çpkyu ekunMa ka s dk s /;ku esa j[krs gq, foÙkh; o"kZ ds vra es a {kfriwfrZ dk lek/kku fd;k tk,xkA ¼9½ dsUæh; fo|qr fofu;ked vk;ksx ¼lgk;d lsok, a çpkyu½ fofu;e] 2022 ds mica/kks a ds v/khu fo|qr dh vuqlwph es a ifjorZu dk s {kfriwfrZ ds fy, ugha ekuk tk,xkA ¼10½ vkfa'kd ykMs çpkyu vkSj mRiknu LVs'ku dh bdkb;kas ds vusd LVkVZ vkSj LV‚i ds dkj.k ghV nj] lgk;d [kir] vkSj f}rh;d bZa/ku rys [kir ds fuEuhdj.k ds fy, {kfriwfrZ dk irk yxkus ds fy, i)fr dk fu/kkZj.k djus okyh fØ;kfof/k] vk;kxs ds vuqeksnu ls i`Fkd :i ls ,u,yMhlh }kjh tkjh dh tk,xhAß[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 7 d½ ewy fofu;ekas ds fofu;e 71¼d½ ds [kMa ¼4½ esa lkj.kh esa] LVs'ku jafxr ds ,u,ih,,Q ¼%½ dks iaægoh a iafä es]a nqygLrh dks l=goha iafä es a vkSj djNe okxa r w dks lkj.kh dh vafre iafä es a Þ90ß ds :i esa bafxr fd;k x;k gS] ftls Þ87ß }kjk çfrLFkkfir fd;k tk,xkA gjizhr flag çqFkh] lfpo [जवज्ञापन-III/4/असा./25/2025-26] dsUæh; fo|qr fofu;ked vk;kxs ¼VSfjQ ds fuca/ku vkSj 'krasZ½ fofu;e] 2024] fnukad 1 tqykbZ] 2024 ds Hkkjr ds jkti=] vlk/kkj.k] Hkkx&III&[kMa 4 es a fnukad 15 ekpZ] 2024 dh vf/klwpuk la- la- ,y&1@268@2022@lhbZvkjlh }kjk çdkf'kr gq, FksA CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 4th February, 2025 No. L-1/268/2022/CERC—In the exercise of powers conferred under section 178 of the Electricity Act, 2003 (36 of 2003) read with Section 61 thereof and all other powers enabling it in this behalf, and after previous publication, the Central Electricity Regulatory Commission hereby makes the following regulations to amend the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (First Amendment) Regulations, 2024 as amended from time to time (hereinafter referred to as “the Principal Regulations”). 1. Short Title and Commencement 1.1. These regulations may be called the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (First Amendment) Regulations, 2025. 1.2. These regulations shall come into force from 1.4.2024. 2. Amendment of Regulation 3 of the Principal Regulations 2.1 Sub-regulation (9A) shall be added after sub-regulation (9) of Regulation 3 as under:- “Bank Rate” means the one year Marginal cost of the lending rate as specified by the State Bank of India from time to time or any replacement thereof for the time being in force plus 100 basis points.” 3. Amendment of Regulations 9 & 10 of the Principal Regulations 3.1 In sub-regulations (5) of Regulation 9 of the Principal Regulations, the words and expressions “at the simple interest rate of 1-year SBI MCLR plus 100 basis points” shall be substituted by the words “at the bank rate‟. 3.2 In sub-regulation (3) of Regulation 10, the Principal Regulations, the words and expressions “ 1 year SBI MCLR plus 100 basis points” shall be substituted by the words “the bank rate‟. 3.3 In sub-regulations (6) of Regulation 10, the Principal Regulations, the words and expressions “the 1 year SBI MCLR plus 100 basis points” shall be substituted by the words “the bank rate.” 3.4 In sub-regulation (7) of Regulation 10, the Principal Regulations, the words and expressions “of the rate worked out on the basis of 1 year SBI MCLR plus 100 basis points” shall be substituted by the words “the bank rate.” 4. Amendment of Regulation 36 of the Principal Regulations 4.1 In the first proviso to clause (d) of sub-regulation (3) of Regulation 36 of the Principal Regulations, the number “0.09%” shall be substituted by the number “0.12%”. 4.2 The following proviso shall be added after the second proviso to clause (d) of sub-regulation (3) of Regulation 36 of the Principal Regulations:-8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] “ Provided that the self-insurance premium shall be transferred to a separate fund for utilization to meet the claims, and the expenditure incurred or amount utilized from the self-insurance fund shall be made available to the Commission as and when directed.” 5. Amendment of Regulation 37 of the Principal Regulations 5.1 The proviso under sub-regulation (2) of Regulation 37 of the Principal Regulations shall be substituted by the following provisos:- “Provided that the generating company may request an interim input price in its petition, which may be allowed by the Commission up to 90% of the claimed input price after the first hearing of the application; Provided further that the difference between the input price of coal determined under these regulations and the input price of coal either adopted by the generating company in terms of this sub- regulation or the interim input price allowed by the Commission under the first proviso to this sub- regulation shall be recoverable or payable in accordance with sub-regulation (4) of this Regulation.” 5.2 In sub-regulation (4) of Regulation 37 of the Principal Regulations and the second proviso thereunder, the words and expressions “1-year SBI MCLR plus 100 basis points” shall be substituted by the words “the bank rate.‟ 6. Amendment of Regulation 50 of the Principal Regulations 6.1 In the first proviso to sub-regulation (1) of Regulation 50 of the Principal Regulations, the words and expressions “based on the notified price of Coal India Limited for the commensurate grade of coal in a month, prior consent of the beneficiary(ies) shall be required to be obtained by the generating company;” shall be substituted by “based on the price of alternative coal available to the station in a given month, the generating company shall obtain prior consent from the beneficiary(ies);.” 6.2 In the second proviso to sub-regulation (1) of Regulation 50 of the Principal Regulations, the words and expressions “based on the notified price of Coal India Limited for the commensurate grade of coal in a month”, shall be substituted by “based on the price of alternative coal available to the station in a given month”. 6.3 In the sub-regulation (1) of Regulation 50 of the Principal Regulations, the following explanation is inserted : “Explanation: The alternative coal for the generating station will be the sourcing of coal from an arrangement that could have been made by the generating company in case of a shortage or non-availability of coal from the linked integrated mine and offers the least cost arrangement in comparison to all other available options.” 7. Amendment of Regulation 51 of the Principal Regulations 7.1 Regulation 51 of the Principal Regulations shall be substituted by the following:- “51. Adjustment on account of Shortfall of Overburden Removal (OB Adjustment): (1) The generating company shall remove overburden as specified in the Mining Plan. (2) In case of a shortfall or excess of overburden removal during a year, the generating company shall be allowed to adjust such shortfall or excess, as the case may be, if any, during the remaining years of the tariff period till 31.3.2029. Provided that – a) the excess overburden as on 31.3.2029, if any, on account of the reasons not attributable to the generating company, shall be allowed to be carried forward beyond the end of the tariff period at the time of true up of the input price; b) the generating company shall submit the details of the adjustment of overburden at the end of the tariff period for the purpose of truing up. (3) Where the overburden removed in a year is less than the overburden to be removed as per the year wise schedule of extraction given in the mine plan, the adjustment on account of the shortfall of overburden removal (“OB Adjustment”) for that year shall be worked out as under:- a) If Mine Developer and Operator is appointed:- OB Adjustment = [ Factor of adjustment for a shortfall of overburden removal during the year] x [Mining Charge during the year][भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 9 b) If Mine Developer and Operator is not appointed:- OB Adjustment = [ Factor of adjustment for a shortfall of overburden removal during the year] x [ Operation and Maintenance expenses of the mining activity during the year] Where, i) Factor of adjustment for the shortfall of overburden removal during the year shall be computed as under:- [ (Annual Stripping ratio as per mining plan) - (Actual Stripping ratio based on the actual quantity of coal and overburden removed during the year )] / (1+Annual Stripping Ratio as per Mining Plan); ii) Annual Stripping ratio is the ratio of the volume of overburden to be removed for one unit of coal or lignite as specified in the Mining Plan. iii) Mining Charge is the quoted charge per tonne of coal or lignite paid by the generating company to the Mine Developer and Operator engaged by the generating company for mining, wherever applicable, without the OB adjustment as per contract with the Mine Developer and Operator. iv) Mining Charge and Operation and Maintenance expenses shall be in terms of Rupees per tonne corresponding to the stripping ratio and annual quantity of coal and overburden as per the mining plan. v) Operation and Maintenance expenses of the mining activity shall be the Operation and Maintenance expenses considered in the annual extraction cost in Regulation 43 of these regulations and excluding the Operation and Maintenance expenses related to crushing, transportation, washing, and handling in sub-regulation (1) of Regulation 40 of these regulations. vi) Where the generating company has engaged the Mine Developer and Operator for mining and the OB Adjustment is carried out as per the contract with the Mine Developer and Operator, the net OB adjustment as per this regulation shall be computed on the basis of the difference between the OB adjustment as per Regulation 51(3) of this regulation and the OB adjustment as per the contract of the generating company with the Mine Developer and Operator: Provided that if the OB adjustment as per the contract with the Mine Developer and Operator exceeds the OB adjustment as per Regulation 51(3), the OB adjustment shall be treated as NIL. (4) The provisions of this Regulation regarding adjustment on account of shortfall or excess overburden removal, as the case may be, shall not be applicable in case of the integrated mine(s) allocated through an auction route under the Coal Mines (Special Provisions) Act, 2015.” 8. Amendment of Regulation 55 of the Principal Regulations. 8.1 In Regulation 55, the words “ Ministry of Coal, Government of India” shall be substituted by the words “the Central Government ”. 9. Amendment of Regulation 64 of the Principal Regulations. 9.1 In the Second proviso to clause (d) of sub-regulation (3) of Regulation 64 of the Principal Regulations, the words and expression “clause (5)” shall be substituted by “clause(6)”. 10. Amendment of Regulation 70 of the Principal Regulations 10.1 In Clause (b) of Regulation 70(A) of the Principal Regulations, the words “ or thereafter, except those covered under clauses (c), (d) and (e);” shall be added after the words “as on 31.03.2024”. 10.1 In Clause (b) of Regulation 70(B), the Principal Regulations, the words “ or thereafter” shall be added after the words “as on 31.03.2024”.10 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] 10.2 In Regulation 70(E) of the Principal Regulations - a) In the table of Clause (b), the value of auxiliary consumption as “9.50%’ in the second row in the table in respect of Chandrapur TPS (2x250 MW) (DVC) shall be substituted as “9.80%”; b) Under sub-clause (iii) of clause (d), the words “TPS-I (Expansion)” shall be substituted as “TPS-II (Expansion)”. 10.3 Clause (G) shall be added after Clause (F) of Regulation 70 of the Principal Regulations as follows:- “(G) Compensation for the operation of generating station below normative plant availability factor (1) The generating stations whose tariff is determined by the Commission under Section 62 of the Act shall be compensated for degradation of station heat rate and auxiliary energy consumption, consumption of additional secondary fuel oil due to loading below the normative plant availability factor specified under Regulation 70(A) of these regulations. (2) The compensation for degradation under regulation (1) of this regulation shall be borne by the entity that has caused the plant to be operated at a schedule lower than the corresponding Normative Plant Availability Factor. (3) The compensation for the station heat rate and auxiliary energy consumption shall be worked out in terms of energy charge rate. (4) For the purpose of compensation under regulation (1) of this regulation, the degradation of gross station heat rate (SHR) over and above the norms specified under Regulation 70(C) of these regulations shall be considered as under:- a) For coal or lignite based generating stations:- Sr. Unit loading as a % of Installed Increase in SHR (for sub- Increase in SHR (for super No. Capacity of the Unit critical units) % critical units) % 1. 85 -100 Nil Nil 2. 80 - <85 2.1 1.8 3. 75 - <80 3.0 2.5 4. 70 - <75 4.0 3.3 5. 65 - <70 5.1 4.1 6. 60 - <65 6.1 4.9 7. 55 - <60 7.6 6.0 8. 50 - <55 9.2 7.1 9. 45 - <50 11.3 8.3 10. 40 - <45 13.8 9.9 b) For gas or liquid fuel based generating stations:- (i) Module/ plant operating in CCGT mode: Sr. Module/ plant loading as % of installed capacity Increase in SHR (for module/ plant) (%) No. 1. 85 -100 Nil 2. 80 - <85 2.5 3. 70 - <80 5 4. 60 - <70 8 5. 50 - <60 12[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 11 (ii) Module/ plant operating in Open Cycle mode: Sr. Module/ plant loading as % of installed capacity Increase in SHR (for module/ plant) (%) No. 1. 85 -100 Nil 2. 80 - <85 3 3. 70 - <80 7 4. 60 - <70 11 5. 50 - <60 16 (5) For the purpose of compensation under regulation (1) of this regulation, the degradation of auxiliary energy consumption (AEC) over and above the norms specified under Regulation 70(E) of these regulations shall be considered as under:- a) For coal or lignite based generating stations: Sr. Unit loading as a % of Installed Capacity % degradation in AEC admissible No. 1. 85 -100 Nil 2. 80 - <85 0.5 3. 70 - <80 1.1 4. 60 - <70 1.8 5. 50 - <60 2.5 6. 40 - <50 3.2 b) For gas or liquid based generating stations: Sr. Module/ plant loading as % of installed capacity % degradation in AEC admissible No. 1. 85 -100 Nil 2. 80 - <85 0.25 3. 70 - <80 0.50 4. 60 - <70 0.80 5. 50 - <60 1.20 (6) The additional compensation for secondary fuel oil consumption shall be permissible over and above seven (7) starts/stops in a year for the generating station under Unit Shutdown in terms of Regulation 47 of the Grid Code Regulations 2023. For the purpose of compensation under regulation (1) of this regulation, the secondary fuel oil consumption per start up shall be considered based on the following norms or actual, whichever is lower:- Unit Size (MW) Secondary fuel oil consumption per start up (Kl) Hot Warm Cold 200/210/250 MW 20 40 60 500 MW 30 60 100 660 MW 45 75 130 800 MW 60 80 150 Additional specific secondary fuel oil consumption of 0.2 ml/ kWh shall be provided for units operating below 55% unit loading and for Supercritical or ultra-supercritical units, a 10% extra quantity of start-up oil shall be provided for a period of 3 years from the Date of Commercial Operation (CoD), due to teething or stabilization issues. (7) The financial gains computed, after taking into account compensation, over and above the actual energy charges shall be shared between the generating station and the beneficiaries in the ratio of 1:1. in accordance with the procedure to be issued by NLDC with the approval of the Commission. (8) There shall be a reconciliation of the compensation at the end of the financial year considering actual weighted average operational parameters of station heat rate, auxiliary energy consumption and secondary oil consumption.12 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] (9) The change in the schedule of power under the provisions of Central Electricity Regulatory Commission (Ancillary Services Operations) Regulations, 2022 shall not be considered for compensation. (10) Procedure stipulating the mechanism to work out the compensation for degradation of heat rate, auxiliary consumption, and secondary fuel oil consumption due to part load operation and multiple start and stop of units of the generating station shall be issued by the NLDC separately with the approval of the Commission.” 11. Amendment of Regulation 71 of the Principal Regulations a) In the table in Clause (4) of Regulation 71(A) of the Principal Regulations, the NAPAF (%) of the station Rangit is indicated in the fifteenth row, Dulhasti is indicated in the seventeenth row and Karcham Wangtoo is indicated in the last row of the table as “90” shall be substituted by “87”; HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./25/2025-26] Note: The Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024 were published vide notification No. No. L-1/268/2022/CERC dated 15th March 2024 in the Gazette of India, Extraordinary, Part III-Section 4. No. 468 dated 1st July 2024. 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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