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Core Purpose

Notification by the Central Electricity Regulatory Commission notifying annual escalation and discount rates for the period from 01.04.2025 to 30.09.2025 as per Transmission Service Agreements.

Detailed Summary

The Central Electricity Regulatory Commission (CERC) issued a notification on 15th April, 2025 (F.No. Eco T1/2025-CERC) in pursuance of the "Tariff-based Competitive-bidding Guidelines for Transmission Service", amended up to 10th October 2008, issued by the Ministry of Power and Schedule-7 of the Standard Transmission Service Agreement documents. The CERC hereby notifies an annual escalation rate of 4.94% for escalable transmission charges for the purpose of payment for the period from 01.04.2025 to 30.09.2025. Additionally, in accordance with Schedule-9 of the Standard Transmission Service Agreement under the "Revised Guidelines and Standard Bidding Documents (SBDs) for procurement of Inter-State Transmission Services (ISTS) through Tariff Based Competitive Bidding (TBCB) process" dated 6th August 2021 issued by the Ministry of Power, the CERC notifies a discount rate of 9.88% for determining the Relief under Force Majeure Event & Change in Law during the Construction Period, also applicable for the period from 01.04.2025 to 30.09.2025.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-06052025-262926 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 336] NEW DELHI, MONDAY, MAY 5, 2025/VAISAKHA 15, 1947 2954 GI/2025 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III-SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 15th April, 2025 F.No. Eco T1/2025-CERC. In pursuance of the "Tariff-based Competitive-bidding Guidelines for Transmission Service", amended up to 10th October 2008, issued by the Ministry of Power and Schedule-7 of the Standard Transmission Service Agreement documents, the Central Electricity Regulatory Commission (CERC) hereby notifies the following escalation rate for the purpose of payment for the period from 01.04.2025 to 30.09.2025. Annual Escalation Rate applicable for the purpose of payment as per the Transmission Service Agreement: +-------+---------------------------------------------------------+-------------------------------+ | S. No. | Description | Annual Escalation Rate for | | | | Payment | +=======+=========================================================+===============================+ | 1. | Annual inflation rate for escalable transmission charges | 4.94% | | | for the purpose of payment | | +-------+---------------------------------------------------------+-------------------------------+ 2. In accordance with Schedule-9 of the Standard Transmission Service Agreement under the "Revised Guidelines and Standard Bidding Documents (SBDs) for procurement of Inter-State Transmission Services (ISTS) through Tariff Based Competitive Bidding (TBCB) process" dated 6th August 2021 issued by the Ministry of Power, the CERC hereby notifies the following discount rate for the period from 01.04.2025 to 30.09.2025. Discount rate for determining the Relief under Force Majeure Event & Change in Law during the Construction Period as per the Transmission Service Agreement: +-------+-----------------------------------------------------------------------------------+---------------+ | S. No. | Description | Discount Rate | +=======+===================================================================================+===============+ | 1. | Discount rate for determining the Relief under Force Majeure Event & Change in Law | 9.88% | | | during the Construction Period | | +-------+-----------------------------------------------------------------------------------+---------------+ HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./68/2025-26] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. GORAKHA NATH YADAVA Digitally signed by GORAKHA NATH YADAVAS Date: 2025.05.06 13:59:22 +05'30"

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