Gm, wrldc informed that as per cerc tariff regulations 201419 if rgmofgmo requirement is found lacking in generating stations then roe shall be reduced by 1% for the period for which deficiency continues. Central electricity regulatory commission new delhi cerc. Central electricity regulatory commission cerc, a key regulator of power sector in india, is a statutory body functioning with quasijudicial status under sec 76 of the electricity act 2003. Central electricity regulatory commission hereby makes the following regulations, namely. Uperc captive and renewable energy generating plants. General supply of electric energy to various categories of consumers shall be chargeable u. Tariff regulations, 20192024 free download as powerpoint presentation. Order dated tariff determination regulations 2012 dated 6th feb. Multi year tariff regulations, 2014 meghalaya state electricity. May 23, 2018 the cerc is close to finalising the approach paper for framing the tariff regulations for the period 201924. Central electricity regulatory commission procedure, terms and conditions for grant of trading licence and other related matters first amendment regulations, 2020.
Rampur hydro power station rhps for the period 2014 16. The 09 new regulations were applicable to all power. The company has recognised transmission income during the quarter ended 30h june, 2018 as per the following. Impact analysis of cerc tariff regulations 20192024 on power distribution tariffs in india. Approach paper for terms and conditions of tariff, 201419 central electricity regulatory commission 4 of five years i. In case of power stations where the tariff rates are yet to be approved provisional rates are adopted in accordance with the principles given in the cerc tariff regulations. V of ntpc, declared under commercial operation with effect from 00. Regulations, 2014 applicability these regulations shall come into force on 1. Cerc hearing on draft power tariff rules for 201419 on jan.
The tariff petitions in respect of all the 19 hydro power stations had been filed for the period 2014 19 for fixation of tariff under central electricity regulatory. Suo motu petition by commission sardar sarovar nar. The pass through of minimum alternate tax or income tax in case of tariff determination under section 62 is by virtue of the specific provision in the tariff regulations which require the beneficiaries to bear the tax on the income at the hand of the generating company from the core business of generation and supply of electricity. The cerc 2014 19 tariff regulations will lead to lower roe for ntpc as 1 incentive based on plf change from paf likely to impact core roe negatively by 150bps, 2 gross up of tax to be based on actual basis, likely negatively by 125bps, 3 station heat rate reduced by 50 kcal kwh to 2375 kcalkwh for sets above 500mw, 4 further minor. While every care has been taken to ensure the accuracy of information furnished in this website, cerc does not accept any responsibility or liability for any damage or loss to any person for the result of any action taken on the basis of this information.
India rating and research the final the cerc guidelines for the fy2020 to fy2024 block period are favourable for power generators, as they are largely in line with the draft guidelines, indra said in a statement. Terms and conditions for determination of tariff regulations, 2011 shall. The tariff for barh has not yet been finalized by cerc. Short title and commencement 1 these regulations may be called the central electricity regulatory commission terms and conditions for tariff determination from renewable energy sources regulations, 2012. The paper is likely to be out for public consultations within the next 10 days, pujari told et. The guidelines for the period 201419 were issued by ministry of coal vide order no. All the five regional grids are operating as one synchronized national. Disposal of free electricity received by a state government from hydro power 315. Results of power grid corporation of india limited for the quarter and nine months ended 31si december, 2017 being submitted by the company pursuant to the requirement of regulation 33 of the sebi listing obligations and disclosure requirements regulations, 2015, as modified by circular no.
Generation cost calculation for 660 mw thermal power plants vilas s. Buy central electricity authority regulations book online at best prices in india on. In fact, the central electricity regulatory commission the cerc has had to amend its interstate open access regulations to provide that in case the sldc does not respond on an open access application within a specified period, the approval shall deemed to have been given. Renewable energy certificate mechanism in india a free powerpoint ppt presentation displayed as a flash slide show on id. Buy central electricity authority regulations book online at. Check out the sjvn ltd management discussions live stock. If you are having trouble viewing this site, it may be because you are using a slightly older browser. Cercs final tariff regulation for fy2024 largely in line. The country is demarcated into five regional grids synchronized namely north, west, east, northeast and south. The electricity grid in india is a conglomeration of the power systems owned by various utilities.
The site is fully compatible with the following browsers. Read more about cerc hearing on draft power tariff rules for 2014 19 on jan 15 on business standard. Commission cerc has notified cerc terms and conditions of tariff regulations, 2014 vide order dated 215 february, 2014 for the determination of transmission tariff for the block period 201419. Advantage discoms comparison of cerc tariff regulations regulations final draft final draft final fy0509 fy1014 fy1014 fy1519 fy1519 return on equity roe % pretax 14. Cerc tariff regulations 2014 19 provides that the impact of actual increase in employee cost on account of pay revision of operational power stations is recoverable from beneficiaries in future. We are trying to widen the scope of deliberations for the tariff regulations. Approval under regulation86 of cerc conduct of business regulations, 1999 and cerc terms and conditions of tariff regulations, 2014 for determination of transmission tariff from doco to 31. Order dated determination of tariff for re sources regulations dated 27 july 2012 and amendment dated 14 march 20 and rpo and rec implementation regulations 20 dated 18. Whereas, in the mean time, cerc has published cerc terms and conditions of tariff. Derc terms and conditions for determination of tariff regulations, 2017 statement of reasons page 2 of 152 1. Conditions of tariff regulations, 2009 and cerc terms and conditions of tariff c regulations 2014 for deterniination of truing up transmission tariff for 200914 tariff block i and transmission tariff for 201419 tariff block for 400kv dic korbaraipur transmission i b line under korbaill transmission system in western region. The repayment for each of the year of the tariff period 201419 shall be. Will net metering model for residential roof top solar pv projects work in delhi.
For private utilities, spares shall be maintained at stationswitchyard level. Cerc also proposed to continue with the debt to equity ratio of 70. Regulation, 1999 and regulation 6 of cerc terms and conditions of tariff regulations, 2009 and cerc terms and conditions of tariff regulations 2014 for determination of i truing up transmission tariff for 200914 tariff block and ii transmission tariff for 201419 tariff block may please be registered. Central electricity regulatory commission payment of fees regulations, 2012. Ntpc takes cerc to court over new tariff regime business. Tariff regulations, 2019 central electricity regulatory commission. The central electricity regulatory commissions cerc recommendations in the draft regulations for 201419, if accepted, may bring down tariffs marginally across the country but will hurt central power companies and spell more financial trouble for state utilities. Advantage discoms cerc has notified the final tariff regulations for fy15 19, which have lowered overall incentives such as shifting from normative plant availability paf to plant load factor plf for earning incentives. Hperc notifies draft supply code fourth amendment regulations, 2020 free access merc approves tariff for procurement of 500 mw solar power by msedcl free access wberc notifies draft cgrf regulations, 2019.
Extension of period of applicability of odisha electricity regulatory commission terms and conditions for determination of generation tariff regulations, 2014 tariff proceedings for fy 202021 sale of utility of licensee us 20 of electricity act 2003. All books are in clear copy here, and all files are secure so dont worry about it. Guidelines for availability of spares and inventories for power. The ppt explanis the important parameters and changes in new regulation compare to old one. Derc terms and conditions for determination of tariff. Cerc terms and conditions for tariff determination from renewable energy sources regulations, 2012. Petition submitted in cerc as per regulation 15 of cerc tariff. Power system operation corporation ltd corporate plan 201718. Regulations and policy guidelines relating to the power sector. Central electricity regulatory commission terms and. Electricity regulator cerc will hold a public hearing on the draft tariff regulations it has prepared for central governmentowned power generation utilities on january 15. Ntpc takes cerc to court over new tariff regime the new cerc guidelines will come into effect on april 1 and remain in force till march 31, 2019. The cerc 201419 tariff regulations will lead to lower roe for ntpc as 1 incentive based on plf change from paf likely to impact core roe negatively by 150bps, 2 gross up of tax to be based on actual basis, likely negatively by 125bps, 3 station heat rate reduced by 50 kcal kwh to 2375 kcalkwh for sets above 500mw, 4 further minor. Download cerc terms and conditions for tariff determination from.
Tariff period 201419, the provision of tariff regulations, 2014 will be. However, cerc shall be obliged if errorsomissions are brought to its notice for carrying out corrections in the next update. Tariff policy amendment made vide resolution dated 31. Hence, this impact is to be reflected in the appc of fy 201516. Industry update cerc regulations 201519 3 cerc fy1519 regulations. Electricity regulatory commission terms and conditions of tariff. Central electricity regulatory commission wikipedia. Petition under section 62 and 791 a of the electricity act, 2003, read with chapter v of the central electricity regulatory commission conduct of business regulations, 1999 for approval of tariff of indira gandhi super thermal. In exercise of the powers vested under sections 61 and 181 2 s of the act and all other enabling powers and in compliance of the requirement under section 181 3 of. Cerc was initially constituted on 24 july 1998 under the ministry of powers electricity regulatory commissions act, 1998 for rationalization of electricity tariffs, transparent policies regarding. Being central sector generating company, the tariff of nhpc power stations is determined by central electricity regulatory commission cerc as per tariff regulations issued from time to time. Electricity regulatory commission cerc in connection with the filing of the trueup petition for tariff period 2014 19 as part of the compliance of central electricity regulatory commission terms and conditions of tariff regulations, 2014 dated february 21, 2014 hereinafter referred to as the cerc regulation. The procurement of spares shall be limited by cerc permissible limit for initial spares presently 1% of plant and machinery cost upto cutoff date as per clause no.
Generation cost calculation for 660 mw thermal power plants. The central electricity regulatory commission standards of performance of interstate transmission licensees regulations, 2012. Cerc rejects ntpcs plea to revisit tariff norms for 201419 the commission did not find any merit in the representation of ntpc to revisit the provisions of 2014 tariff regulations. No change in return on equity and the same has been maintained at 16. These regulations shall be called the uperc captive and renewable energy generating plants regulations, 2014 hereinafter referred to as cre regulations, 2014. Nhpc directors report nhpc director details the economic. Switching off of a transmission line to restrict over voltage and manual tripping of. Petition submitted in cerc as per regulation 15 of cerc tariff regulations, 2014 and inprincipleapproval of the proposal has been. Ntpc submissions on draft cerc tariff regulations for 201419. Assam electricity regulatory commission payment of fees etc. Control period fy 201419, which are applicable on retrospective basis. Cerc tariff regulations for renewable energy sources regulations, 2009 1.
Read online cerc terms and conditions for tariff determination from. Terms and conditions of tariff regulations, 2014 as amended from time. Cerc determines tariff for assets under fibre optic communication system. Cerc regulations have always facilitated ntpcs capacity addition. Terms and conditions of tariff regulations, 2014 central electricity. Switching off of a transmission line to restrict over voltage and manual. Pserc tariff order fy 201415 for pspcl 1 annexurei general conditions of tariff 1.
In feb14 cerc issued a draft amendment regarding the sharing of interstate transmission charges and losses regulations, which incorporated the poc methodology of determining the cost and losses to be shared by the users of the istsinter state transmission system. Pursuant to cerc tariff regulations for the control period 201419 dated 21. Cerc terms and conditions for tariff determination from. Detailed analysis of cerc tariff regulations for 20192024 final regulations, expected in february 2019 and its impact on power distribution tariffs across various consumer categories in india. Pdf will net metering model for residential roof top solar. Commission has published terms and conditions of tariff regulations for the tariff period 201419 cerc tariff regulations, 2014 in february 2014. Verified the accounting of revenue from sale of energy based on tariff rates approved by the cerc as modified by the orders of appellate authorities. Cerc releases draft renewable energy tariff regulations. The cerc is close to finalising the approach paper for framing the tariff regulations for the period 201924. Hpsebl has considered the tariff of cgs as per the actual bill. Description cerc andhra pradesh arunachal pradesh assam 1. Companys stations would be determined by cerc based on these regulations for the above mentioned period. In the public hearing held by the cerc on draft tariff regulations 201419 in january, ntpc had pleaded with the regulator not to go ahead with.786 180 706 1021 904 1539 885 776 1235 645 790 960 380 568 755 421 70 1301 194 878 582 1144 1379 602 1261 592 282 1113 897 898 677 347 34 833 1459 749