CERC Orders Compensation To Hero Solar SPV Over Surge In GST Rates Updated On Thu, May 18th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgment, ordered giving financial compensation to Clean Solar Power (Jodhpur) Private Limited on account of the escalation of Goods and Services Tax (GST) rates from five percent to 12 percent in 2021. Clean Solar Power is a Special Purpose Vehicle (SPV) of Hero Solar Energy. The solar […] Read more
CERC Allows Powergrid To Venture Into Telecom Biz But With Conditions Updated On Wed, May 17th, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) has allowed power transmission company– Powergrid to venture into the telecom business. However, it has imposed some conditions too. As per the CERC (Sharing of Revenue Derived from other businesses) Regulations, 2020, power transmission companies must inform the Commission and seek its approval if they want to […] Read more
CERC Declines To Give Relief To ReNew Wind Energy In Gujarat ISTS Project Case Updated On Thu, May 4th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) declined to give any relief to the ReNew Wind Energy (TN) Private Limited in a case related to its proposed 265 MW of wind project in the Bhuj district of Gujarat. The wind energy developer had signed a Power Purchase Agreement (PPA) with the Solar Energy […] Read more
CERC Directs Delhi International Airport Ltd to Apply for Fresh Accreditation for RE Certificate Updated On Fri, Apr 28th, 2023 by Saurenergy The Central Electrcity Regulatory Commission has approved the plea of Delhi International Airport Limited (DIAL) seeking relaxation of Renewable Energy Certificate (REC) norms owing to change in legal status. It has directed DIAL to apply afresh for accreditation and registration of REC. The petition by DIAL had been filed against the National Load Despatch Centre […] Read more
Amid Surge In Peak Demand, CERC Orders Extension Of RPAS Regulations To State Gencos Updated On Mon, Apr 24th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-motu petition, ordered an extension of the provisions of the Reserve Regulation Ancillary Services (RPAS) to ‘willing’ state-level power generators. The CERC notified these Regulations on August 13, 2015, intending to ensure restoration of the grid frequency at desired levels. Under these regulations, the participating generating companies either […] Read more
CERC Extends Deadline For Power Generators To Submit Details On Generation, Transmission Updated On Fri, Apr 14th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) has extended the deadline for the power generators to submit their details from April 15 to May 15 of this year. The Commission, earlier on March 29, sought information from these generators for making the terms and conditions for tariff for the period starting from April […] Read more
Powerica Ltd Entitled To Compensation Due To Rise of GST Rates Post-Contract, Rules CERC Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest Order, while hearing a petition filed by Powerica Limited, has ruled that the change of Goods and Service Tax (GST) rates after receiving a contract was a deemed case of ‘change of law.’ Accordingly, the regulatory body also ordered compensation to the wind energy company on […] Read more
CERC Approves PXIL’s Plan To Introduce High Price Day-Ahead Market (HP-DAM) Updated On Tue, Apr 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its order on a petition filed by the Power Exchange India Limited (PXIL) on Tuesday, approved its demand for the introduction of the High Price Day Ahead Market (HP-DAM). PXIL had earlier sought approval from the CERC to introduce the HP-DAM on PXIL’s PRATYAY Platform. CERC first heard […] Read more
CERC Amends February 6 Order On DSM Regulations To Cover High Price-DAM Updated On Mon, Apr 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a suo-motu petition, amended its earlier Order of February 6, 2023, relating to its (Deviation Settlement Mechanism and Related Matters) Regulations, 2022. The CERC said it was done to include the changes in DSM Regulations and extend the same for the High Price-Day Ahead Market (HP-DAM). In its February 6 […] Read more
