CERC pushes Developers to settle Change in law issues with SECI directly, not in court Updated On Tue, Feb 15th, 2022 by Saurenergy In two recent judgements, the Central Electricity Regulatory Commission (CERC) rejected projects developers’ plea to intervene in the cases of claims arising out of Change in Law (CIL) events before the petitioners had attempted to mutually settle the matter with the parties involved in their respecting Power Purchase Agreements (PPAs), i.e. the Solar Energy Corporation of […] Read more
CERC Eases Rules, Compliances For Generators, REC Certificates Updated On Thu, Jan 27th, 2022 by Saurenergy As part of its ongoing efforts to ensure ease of doing business, the Central Electricity Regulatory Commission (CERC) has come out with a suo-motu order on January 22, published on its site on January 24, that relooks some of the rules and compliances mandated for power generators. The new revisions cover rules linked to procedures, […] Read more
Delayed Captive Status of Solar Plant No Cause to Deny REC, finds CERC Updated On Wed, Jan 19th, 2022 by Saurenergy In a case involving refusal to issue of Renewable Energy Certificate (REC) due to late recognition of a solar plant’s captive status, the Central Electricity Regulatory Commission (CERC) ruled in favour of petitioner Suryakant Gupta, the owner of Rajaram Maize Products, who installed a 4.8 MW solar power plant on his own land in Chhattisgarh for captive […] Read more
CERC Votes For Mutual Settlement Of Disputes In ‘Change In Law’ Petitions Updated On Tue, Dec 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in a series of recent orders, has decisively pushed parties petitioning for ‘change in law’ situations to settle their disputes with mutual discussions and understanding. By doing this, the CERC is simply sticking to the letter of the agreements signed in these cases, which do have a provision for […] Read more
CERC Agrees With Tata Motors, Allows One time Relaxation For Issue of RECs Updated On Thu, Dec 9th, 2021 by Saurenergy In an interesting order published yesterday, the Central Electricity Regulatory Commission (CERC) has provided relief to Tata Motors (petitioner), on a plea the latter made against the respondent, National Load Despatch Centre (NLDC) in the matter of issuance of the Renewable Energy Certificates to the Petitioner for the specified period. The Issue: Tata Motors, which […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
CERC Grants Trading License to Renew Energy Updated On Tue, Nov 30th, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has granted ReNew Energy Markets Private Limited’s (formerly known as Renew Vayu Power Private Limited) request to be granted Category `IV` Trading Licence, which permits the inter-state trading of maximum 2,000 MUs of electricity in one financial year across the nation. The application from Renew […] Read more
CERC Favors Mahindra Renewables in Dispute With MPPMCL and DMRC Updated On Mon, Nov 15th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) recently gave a judgement in favour of Mahindra Renewables Private Limited, accepting most of its pleas for compensation from M.P. Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC) on account of a ‘Change in Law’ event in the power purchase agreement (PPA) executed among the three […] Read more
CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access Updated On Fri, Nov 12th, 2021 by Saurenergy In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […] Read more
