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Date: 12-Apr-2024 Category: Extra Ordinary State: Union Government Country: India

Whereas the Central Electricity Regulatory Commission Terms and Conditions for Tariff determination from Renewable Energy Sources Regulations

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The Central Electricity Regulatory Commission (CERC) has extended the applicability of the Renewable Energy (RE) Tariff Regulations, 2020.
  • This extension ensures continued regulatory guidance for tariff determination from renewable energy sources.

Key Changes

  • The RE Tariff Regulations, 2020, initially applicable from July 1, 2020, to March 31, 2023, have been further extended.
  • The applicability period has been extended until June 30, 2024, or until the notification of new regulations by the Commission for the next control period, whichever is earlier.
  • Previous extensions were granted until September 30, 2023 (vide notification dated March 27, 2023) and then until March 31, 2024 (vide notification dated September 6, 2023).

Impact Analysis

Renewable Energy Generators

  • Action Item: Monitor for the release of new regulations by CERC for the next control period.

Electricity Distribution Companies (DISCOMs)

  • Action Item: Ensure compliance with the RE Tariff Regulations, 2020, until the new regulations are in effect.

Investors in Renewable Energy Projects

  • Action Item: Factor in the extended applicability period in investment decisions and project timelines.

Consumers

  • Action Item: No direct action required, but consumers may benefit from stable renewable energy tariffs.

Key Entities Referenced

Central Electricity Regulatory Commission (CERC): The regulatory body responsible for tariff determination and regulation of the electricity sector in India. RE Tariff Regulations, 2020: The Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020, which govern tariff determination for renewable energy sources.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-12042024-253673 xxxGIDHxxx CG-DL-E-12042024-253673 xxxGIDExxx असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 251] नई दिल्ली, िुक्रिार, अप्रलै 12, 2024/चत्रै 23, 1946 No. 251] NEW DELHI, FRIDAY, APRIL 12, 2024/CHAITRA 23, 1946 ubZ fnYyh] 28 ekpZ] 2024 pwfad dsUæh; fo|qr fofu;ked vk;ksx ¼uohdj.kh; ÅtkZ lzkrs ls VSfjQ vo/kkj.k ds fy, fuca/ku rFkk 'krsZa½ fofu;e] 2020 ¼blds ckn ÞvkjbZ VSfjQ fofu;e] 2020ß ds :i es a lanfHkZr½ fnukad 1 tqykbZ] 2020 ls 31 ekpZ] 2023 dh vof/k ds fy, ço`Ùk FkkA pwfad vk;kxs us fnukad 27 ekpZ] 2023 dh vf/klwpuk la-vkj,&14026¼11½@4@2020& dsfofovk }kjk mä fofu;eks a ds ykxw gksus dh vof/k dk foLrkj fnukad 30 flrEcj] 2023 rd fd;k FkkA blds ckn] vk;ksx u s vf/klwpuk la[;k la&vkj]&14026¼11½@4@2020&dsfofovk fnukad 06 flrEcj] 2023 ds ek/;e ls nkcs kjk 31 ekpZ 2024 rd mä fofu;e dh ç;kTs ;rk dh vof/k dk foLrkj fd;k FkkA vc bl çdkj] vkjbZ VSfjQ fofu;e 2020 ds fofu;e 1 ds [kaM ¼2½ ds v/khu 'kfä;kas dk ç;kxs djr s gq, vk;kxs ,rn}kjk 30 twu 2024 rd ;k vxyh fu;a=.k vof/k ds fy, vk;kxs }kjk fofu;eksa dh vf/klwpuk rd] tks Hkh igy s gks] mä fofu;ekas dh ç;kTs ;rk dh vof/k dk s vkxs c<+krk gSA gjçhr flag çqFkh] lfpo [जिज्ञापन-III/4/असा./020/2024-25] 2543 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 28th March, 2024 No. RA-14026(11)/4/2020-CERC.—Whereas the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 (hereinafter referred as “RE Tariff Regulations, 2020”) were applicable for the period from 1st July 2020 to 31st March 2023. Whereas the Commission vide notification No.: RA-14026(11)/4/2020-CERC dated 27th March, 2023 initially extended the period of applicability of the said regulations till 30th September, 2023. Thereafter, the Commission vide notification No.: RA-14026(11)/4/2020-CERC dated 06th September, 2023 again extended the period of applicability of the said regulations till 31th March, 2024. Now therefore, in exercise of the powers under clause (2) of Regulation 1 of the RE Tariff Regulations,2020 the Commission hereby further extends the period of applicability of the said regulations till 30th June, 2024 or notification of the Regulations by the Commission for the next control period, whichever is earlier. HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./020/2024-25] 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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