CERC Approves NTPC License for Inter State Trading of Electricity Updated On Thu, Jul 11th, 2019 by Saurenergy CERC based on materials on record and its finding has directed that NTPC be issued a Category ‘I’ license for inter-State trading in electricity in India. The Central Electricity Regulatory Commission (CERC) in May had approved the application filed by NTPC Ltd. to grant the PSU with an electricity trading license in the country. The […] Read more
Adani Green Energy’s Petition Against PGCIL Dismissed by CERC Updated On Thu, Jun 13th, 2019 by Saurenergy CERC recently heard a petition filed by Adani Green Energy against Power Grid. The Central Electricity Regulatory Commission (CERC) recently heard a petition filed by Adani Green Energy Limited (AGEL) against the Power Grid Corporation of India Limited (PGCIL). The case was about three of Adani’s projects – a 500 MW wind project, 1,000 MW […] Read more
CERC Finalises 5th Amendment For Deviation Settlement Mechanism Updated On Fri, May 31st, 2019 by Saurenergy The commission has accepted all the proposals put forward in the draft fifth amendment of the deviation settlement mechanism regulations. The Central Electricity Regulatory Commission (CERC) has finalised the fifth amendment to its deviation settlement mechanism regulations. The CERC (Deviation Settlement Mechanism and related matters) (Fifth Amendment) Regulations, 2019, will come into effect from June […] Read more
NTPC Granted Electricity Trading License by CERC Updated On Fri, May 31st, 2019 by Saurenergy CERC has granted NTPC Ltd. with an Electricity Trading License to expedite solar and wind projects in the country. The Central Electricity Regulatory Commission (CERC) has approved the application filed by NTPC ltd. to grant the PSU with an electricity trading license in the country. The central commission has proposed granting the power utility with […] Read more
CERC Drafts Outline For Power System Development Fund Updated On Wed, May 29th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued draft regulations for the Power System Development Fund. The proposed regulations deal with the creation of a power system development fund and its implementation, with the objective of tackling the issue of the country’s power sector grappling with transmission related issues. The fund when implemented will come […] Read more
CERC Finds Rs 3.60/kWh as the National Average Power Purchase Cost Updated On Fri, May 10th, 2019 by Saurenergy The APPC shall be applicable during FY 2019-20 and until further orders for the purpose of deviation settlement in respect of the open access and captive wind and solar generators fulfilling the requirement of regional entities. The Central Electricity Regulatory Commission (CERC) has found the Average Power Purchase Cost (APPC) at the national level to […] Read more
CERC Provides Relief For ACME Solar, Accepts Safeguard Duty as Change in Law Updated On Mon, May 6th, 2019 by Saurenergy ACME Solar to get compensated for additional costs incurred in the development of two solar projects due to the levy of Safeguard Duty. The Central Electricity Regulatory Commission (CERC) has in its latest order provided respite to solar power developer (SPD) ACME Solar, after the company filed two petitions with the commission, seeking approval for […] Read more
CERC Extends Validity of RECs Due to Expire Between April and October 2019 Updated On Wed, May 1st, 2019 by Saurenergy Central Electricity Regulatory Commission (CERC) has extended the validity period of RECs which were due to expire between April 1, 2019, and October 31, 2019. The Central Electricity Regulatory Commission (CERC) has, in a big move for the renewable energy generators of solar and non-solar projects in the country who are involved in the trading […] Read more
CERC Passes Order, GST to be Covered Under “Change in Law” Updated On Tue, Apr 16th, 2019 by Saurenergy The Central Electricity Regulatory Commission (CERC) has in its latest order observed that the enactment of Goods and Services Tax (GST) that came into effect from July 1, 2017, will be covered under ‘Change in Law’. The commission issued the order in response to a petition filed by Parampujya Solar Energy Pvt. Limited (PSEPL), a […] Read more