CERC allows PXIL to introduce hydropower contracts in GTAM Updated On Tue, Apr 5th, 2022 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
AP Biomass Energy Generators Hopes For Relief Rise After APTEL Order Updated On Tue, Mar 15th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently given its verdict with regards to four appeals against the Tariff Orders passed by the Andhra Pradesh Electricity Regulatory Commission (APERC) in May and July 2014. The appeals made by Biomass Energy Developers Association &Ors and South Indian Sugar Mills Association &Ors, which were all filed against […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
CERC Notifies Draft Regulations 2022 for Issuance of RECs Updated On Wed, Feb 23rd, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has notified Draft Regulations, 2022, for the issuance of renewable energy certificates (RECs), which are aimed at developing the renewable power market. CERC has invited comments, suggestions, and objections from the relevant stakeholders and interested persons with respect to the Draft Regulations. The responses are to be sent on […] Read more
Settle CIL Case with SECI Directly, Not in Court, CERC tells Adani Solar Updated On Mon, Feb 21st, 2022 by Saurenergy The Central Electricity Regulatory Commission has declined to accord the ‘in-principle approval’ sought by Adani Solar for a ‘Change in Law’ event with regards to its PPA with SECI for a 50 MW solar plant in Rajasthan. In November 2018, Adani Solar Energy Four Private Limited (formerly known as Kilaj Solar (Maharashtra) Private Limited) (ASEFPL) entered […] Read more
CERC Accords Approval to New Power Exchange Proposal Updated On Fri, Feb 18th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has approved Pranurja Solutions Limited’s request to be permitted to change its name and to set up and operate a power exchange, subject to the fulfilment of certain conditions laid by the commission. In 2018, Pranurja petitioned CERC, seeking the grant of registration to establish and operate a power […] Read more
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
APTEL To Decide On Delhi Discoms, Dadri Power Plant Dispute Updated On Mon, Jan 24th, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) will hear on Monday (Jan 24) an NTPC’s plea challenging a Central Electricity Regulatory Commission’s Order, allowing Delhi’s three power distribution companies to exit their power purchase agreements with its Dadri I power plant. Against the CERC Order, the NTPC had earlier approached the Supreme Court, but the apex […] Read more
