Central Electricity Regulatory Commission (CERC)

CERC Declines A Decision on IEX Application To Permit Addl. Term Ahead, GTAM Trading

The Central Electricity Regulatory Commission (CERC) has delayed giving a categorical answer on certain approvals sought by Indian Energy Exchange Limited (IEX) and Power Exchange India Limited (PXIL) until the Supreme Court’s verdict on the same arrives. IEX had filed a petition under the 2010 Power Market Regulations, 2010, for the approval of the introduction […]

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CERC Sticks To The Letter In PGCIL Tiff With Renew Power

The Central Electricity Regulatory Commission (CERC) has stuck to the letter of the law, rather than going with the spirit perhaps, in a ruling involving wind developers and a power grid corporation. Renew Power Private Limited obtained Stage-II connectivity for 300 MW at 220 kV Hiriyur sub-station, on the basis of National Thermal Power Corporation […]

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CERC Declines to Review Order on Tariffs on Plea by TPDDL

In a judgement released on July 24, 2021, the Central Electricity Regulatory Commission (CERC) has rejected the plea of Tata Power Delhi Distribution Limited (TPDDL) to review an old order which carried incorrect tariff figure with regards to a power supply agreement signed with Solar Energy Corporation of India (SECI). The issue was the inadvertent […]

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CERC Orders SECI to Compensate Hero Energy for Extra Expenses in Bhadla Solar Project

The Central Electricity Regulatory Commission (CERC) has ordered Solar Energy Corporation of India Limited (SECI) to pay the requisite compensation to Clean Solar Power (Bhadla) Pvt. Ltd., a wholly owned subsidiary of Hero Solar Energy Private Limited (HSEPL) that developed solar projects with 300 MW capacity in Rajasthan, on account of additional costs incurred by the […]

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IEX Q4 FY21 Results: ‘Unprecedented Performance’; Rs 100 Cr Revenues

The Indian Energy Exchange (IEX) released its audited consolidated financial results for the fourth quarter ended March 31, 2021, today, announcing an “unprecedented performance” in the last fiscal year. The New Delhi-headquartered power trading exchange, which is regulated by Central Electricity Regulatory Commission (CERC), reported 37.3% YoY growth in electricity volumes in the last year. In […]

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