CERC Grants HPX Additional Time To Appoint MD, Independent Director Updated On Thu, Dec 7th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, asked the Hindustan Power Exchange Limited (HPX) to appoint a Managing Director and an Independent Director by the end of March 31, 2024. The order was passed to ensure CERC’s Power Market Regulations (PMR) 2021 compliance. The order came to the fore when the power exchange company […] Read more
CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays Updated On Tue, Dec 5th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […] Read more
CERC Grants PXIL Extra Time To Comply With Power Exchange Norms Updated On Wed, Nov 22nd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment granted the Power Exchange India Limited (PXIL) additional time to comply with the Power Market Regulations of 2021. The development came to the fore when PXIl, one of the three power exchanges in India, moved the Commission seeking an extension of timing to comply with the regulations. […] Read more
CERC Allows Adani Subsidiary Compensation For ‘Change of Law’ Events Updated On Tue, Nov 21st, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, allowed compensation to Mahoba Solar (UP) Private Limited MSUPL) a subsidiary of Adani Green. The central commission allowed the compensation on account of ‘change of law’ events. These include the imposition of increased safeguard duty on the imports of solar cells and modules and the […] Read more
CERC Asks Karnataka SLDC To Compensate RE Generator For Curtailment Updated On Wed, Nov 15th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement asked the Karnataka State Load Despatch Centre (SLDC) and other respondents in the case to compensate two solar power generators for curtailment. The order came to the fore when the generators moved to the central commission seeking compensation against the curtailment of renewable power due to orders […] Read more
CERC Approves Trading Margin of Rs.0.07/kWh in SECI’s PSAs with Distribution Firms Updated On Tue, Nov 7th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI), in its petition, had asked the CERC for the approval of the trading margin of Rs.0.07/kWh agreed to by the distribution companies (Brihanmumbai Electric Supply and Transport; Tripura State Electricity Corporation) in the Power Supply Agreements signed for capacities of 334 MW and 100 MW respectively. The CERC […] Read more
CERC Denies Granting ‘Change Of Law’ Benefits To Adani Green Updated On Mon, Nov 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, declined to give relief to Adani Green on ‘Change of Law’ events on procedural issues. It came after Adani Green, who was a respondent in a petition filed by the Solar Energy Corporation of India (SECI). The Petition was related to the adoption of tariffs. The Petition […] Read more
CERC Allows Wind Generator To Procure REC Despite Delayed Plea Updated On Mon, Oct 23rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, gave relief to a Tamil Nadu-based wind power generator to procure Renewable Energy Certificate (REC) from National Load Despatch Centre (NLDC). This order came after Leo Fasteners, a wind power generator, moved the Commission seeking relief. Leo Fasteners had claimed that despite being a renewable energy generator, […] Read more
CERC Uses ‘Power To Relax’ Provision To Give Relief To RE Generator Updated On Thu, Oct 19th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgement, provided relief to a renewable energy generator using the provision of ‘power to relax.’ The provision is a part of the Renewable Energy Certificate (REC) Regulations. The order came to the fore after the petitioner–Siddhayu Ayurvedic Research Foundation Private Limited (SARFPL), sought the issuance of RECs […] Read more
