CERC Declines A Decision on IEX Application To Permit Addl. Term Ahead, GTAM Trading Updated On Wed, Jul 28th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has delayed giving a categorical answer on certain approvals sought by Indian Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) until the Supreme Court’s verdict on the same arrives. IEX had filed a petition under the 2010 Power Market Regulations, 2010, for the approval of the introduction […] Read more
CERC Sticks To The Letter In PGCIL Tiff With Renew Power Updated On Tue, Jul 27th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has stuck to the letter of the law, rather than going with the spirit perhaps, in a ruling involving wind developers and a power grid corporation. Renew Power Private Limited obtained Stage-II connectivity for 300 MW at 220 kV Hiriyur sub-station, on the basis of National Thermal Power Corporation […] Read more
CERC Declines to Review Order on Tariffs on Plea by TPDDL Updated On Mon, Jul 26th, 2021 by Saurenergy In a judgement released on July 24, 2021, the Central Electricity Regulatory Commission (CERC) has rejected the plea of Tata Power Delhi Distribution Limited (TPDDL) to review an old order which carried incorrect tariff figure with regards to a power supply agreement signed with Solar Energy Corporation of India (SECI). The issue was the inadvertent […] Read more
CERC Notice To Power Trading Firms For Failing to Maintain Net Worth Updated On Fri, Jul 9th, 2021 by Saurenergy For National Energy Trading Services Limited, and Atria Energy Services Private Limited, a weak balance sheet submitted to the Central Electricity Regulatory Commission (CERC) for downgrading their energy trading licenses has landed both in a hot soup. In both cases, the Central Regulator, after going though the documents on record, has seen a fit case […] Read more
CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project Updated On Mon, Jun 21st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […] Read more
NHPC’s Tariffs For 2000 GW ISTC Solar Adopted By CERC, But Regulator Not Happy Updated On Thu, Jun 3rd, 2021 by Saurenergy NHPC’s largest solar tender to date, the 2000 MW ISTS connected tender, which it concluded in July 2020 by allotting LOA’s (Letter of Award) to the 7 final successful bidders, has got tariffs for the projects adopted finally, after a slight delay. But what should have been a standard procedure turned into a slightly embarassing […] Read more
CERC Sets Stage For Large Batteries With Draft Ancillary Services Regulations Updated On Thu, Jun 3rd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021, whose express purpose is to ensure reliability, safety and security of the grid. Ancillary Services in relation to power system operation, the document explains, means the service necessary to support the grid operation in maintaining power quality, reliability and security of the […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
CERC Shunts SP Infra Plea On Rihand Floating Solar UPERC’s Way, Citing Jurisdiction Updated On Tue, May 25th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order that will hopefully show the way to many similar pleas, has refuse to consider a plea by Rihand Floating Solar Private Limited regarding return of its bank guarantees for the said project from SECI. Rihand Floating Solar is a special purpose vehicle set up by Shapoorji […] Read more
