Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project
Power ministry last week asked CERC to provide relief to discoms as they are unable to collect payments from consumers because of the 21-day lockdown
The main purpose of introducing real-time power market is to deal with the renewables interference and better portfolio management by discoms, gencos and other consumers.
The CERC announced the regulations for the 2019-2014 this week
CERC draft keeps regulated returns for power utilities unchanged, maintains tariff structure
With the Supreme Court asking the CERC to look into power purchase agreements signed by various states with private firms, floodgates for tariff revisions may open up
The CERC will take views of all the stakeholders to revise tariff of imported coal-based power projects in Gujarat
Coal quality slippage to be paid by coal supplier or railways
PLF in 2017-18 was 59.68 down from 77.5 % in 2009-10, while the government forecasts the same to go lower to 56.50 by FY22
New REC prices also on hold, trading to resume post clarity on unsold RECs
IEX plans to introduce green day-ahead market based on collective transactions
Lately, the central government has also been promoting the spot market
To expedite development of the power transmission network and avoid delay
Moots hand-holding of states by Central Electricity Authority and central transmission utility for accurate demand forecasting
CERC is hearing the pleas by Tata Power and Adani Power to determine compensation under the force majeure clause of power purchase agreement
The consultants are expected to do economic analysis and research related to tariffs, markets, fuel availability and open access
In order to review the performance of the two power exchanges, the Commission engaged Deloitte Touche Tohmatsu India and KPMG Advisory Services for IEX and PXIL respectively.
CERC had backlog of 734 pending cases as on March last year; It cleared 300 cases - all of PGCIL - in the past four months
Advises Centre to ask states to execute energy accounting & implement availability based tariff