Delayed Captive Status of Solar Plant No Cause to Deny REC, finds CERC Updated On Wed, Jan 19th, 2022 by Saurenergy In a case involving refusal to issue of Renewable Energy Certificate (REC) due to late recognition of a solar plant’s captive status, the Central Electricity Regulatory Commission (CERC) ruled in favour of petitioner Suryakant Gupta, the owner of Rajaram Maize Products, who installed a 4.8 MW solar power plant on his own land in Chhattisgarh for captive […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
CERC Favors Mahindra Renewables in Dispute With MPPMCL and DMRC Updated On Mon, Nov 15th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) recently gave a judgement in favour of Mahindra Renewables Private Limited, accepting most of its pleas for compensation from M.P. Power Management Company Limited (MPPMCL) and Delhi Metro Rail Corporation (DMRC) on account of a ‘Change in Law’ event in the power purchase agreement (PPA) executed among the three […] Read more
CERC Provides Relief To Tata Power In Dispute With PGCIL Over Open Access Updated On Fri, Nov 12th, 2021 by Saurenergy In a recent judgement concerning transnational electricity trade between India and Bhutan, the Central Electricity Regulatory Commission (CERC) granted the petition of Tata Power Trading Company Limited (TPTCL), requesting that its power purchase agreement (PPA) with Dagachhu Hydro Power Corporation (DHPC) be considered under the Ministry of Power’s (MoP) guidelines and the Cross Border Trade […] Read more
CERC Refuses to Intervene in SB Energy’s PPA/PSA with NTPC & PSPCL Updated On Wed, Nov 3rd, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) turned down SB Energy’s plea to direct NTPC Ltd. and Punjab State Power Corporation Limited (PSPCL) to neither terminate the PPA and PSA signed between the parties nor undertake any coercive action, such as invocation of the performance bank guarantee, and to extend timelines for Condition […] Read more
CERC Adopts Rs. 2.63/kWh Tariff for 300 MW Solar Project Updated On Thu, Sep 9th, 2021 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has accepted NTPC Limited’s petition to adopt the tariff of Rs. 2.63/kWh and a trade margin of Rs. 0.07/kWh for a 300 MW solar project. In 2019, NTPC (formerly National Thermal Power Corporation Limited) had issued a request for selection (RfS) for setting up 1,200 […] Read more
CERC Rejects Phelan Energy’s Prayer to Review Old Order by SECI Updated On Wed, Sep 1st, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has rejected the review petition of solar developer Phelan Energy India RJ Pvt. Limited, which was filed in relation to an order passed by the Solar Energy Corporation of India Limited (SECI) in 2019. Phelan Energy stated before CERC that in an order passed in October, 2019, SECI had […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
As Renew Solar Withdraws, 2 New Licences Issued for Power Trading Updated On Mon, Aug 2nd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued three new orders pertaining to trading licences, approving Renew Solar’s surrender of its ‘Category IV’ inter-state trading licence and granting new ‘Category V’ inter-state trading licences to energy firms Shubheksha Advisors and Reneurja Power. In 2017, Renew Solar Services Private Limited was granted licence for Category IV to […] Read more
