IEX Gets CERC Approval For High Price Day Ahead Market (HPDAM) Trading Updated On Fri, Feb 17th, 2023 by Saurenergy In an interesting development that will benefit the high variable cost generators to participate in the power trading market, the Indian Energy Exchange (IEX) has got final approval from the Central Electricity Regulatory Commission (CERC) to introduce trading in High Price Day Ahead Market (HP-DAM) contracts. The move, and approval by the CERC was necessitated […] Read more
CERC Grants Extension of Time for Drawal of Start-Up Power to NTPC Updated On Mon, Feb 13th, 2023 by Saurenergy The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the Telangana (steam-based thermal power station) STPS consists of two units […] Read more
In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions Updated On Sun, Feb 12th, 2023 by Saurenergy The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […] Read more
Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC Updated On Fri, Feb 3rd, 2023 by Saurenergy Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […] Read more
APTEL Asks Andhra Pradesh DISCOM to Pay Dues to Vibrant at Lower Rate Than in PPA Updated On Wed, Jan 18th, 2023 by Saurenergy The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL has asked APSPDCL to compensate the firm at Rs.2.93 per […] Read more
CERC Directs SECI to Compensate TPREL Irrespective of Dues from DISCOMS Updated On Tue, Jan 10th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) has given a nod to Tata Power Renewable Energy Limited’s ( TPREL) claim for compensation caused by change in law events due to enactment of GST Laws. TPREL had entered into a PPA with SECI and claimed compensation of Rs. 48,88,44,968 along with the carrying cost towards compensation for […] Read more
CERC Approves Tariff For SECI’s 1200 MW RTC Power Project Updated On Tue, Jan 10th, 2023 by Saurenergy SECI’s landmark RTC tender for green energy has received formal CERC approval for tariff adoption and trading margins. SECI had issued a tender in 2019 for “Round-the-Clock” supply of 400 MW ISTS-connected Renewal Energy project with assured peak power supply in India under tariff based competitive bidding. SECI recently filed a petition with CERC for […] Read more
CERC Rejects Azure’s Plea for Extension of LTA Start Date, Exemption from Transmission Charges Updated On Mon, Jan 2nd, 2023 by Saurenergy The CERC has quashed the petition of Azure Power and its subsidiaries Azure Power Forty-Three, Azure Power Forty-One and Azure Power Maple, which sought the extension of the long term access start date. The petition also pleaded for extension of deadline from completion of the dedicated transmission line and pooling substation and exemption from transmission […] Read more
CERC Puts Cap of Rs 12 per kWh on Normal Rate of Charges for Grid Deviations Updated On Tue, Dec 27th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has indicated irregularities with reference to adherence of DSM Regulations (Deviation Settlement Mechanism), 2022. The regulatory body has pointed that grid connected entities are showing a tendency to overschedule in order to avoid payment of deviation charge for overwithdrawal or under-injection. Consequently, the system frequency has remained high for […] Read more
