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Core Purpose

Notification by the Central Electricity Regulatory Commission notifying annual escalation and discount rates for bid evaluation of transmission service projects based on old Standard Bidding Documents for the period 1st April to 30th September 2024.

Detailed Summary

By Notification No. Eco T1(Old SBD)/2024-CERC dated 2nd April 2024, the Central Electricity Regulatory Commission, in pursuance of paragraph 14 of the Ministry of Power Resolution dated 10th August 2021 on 'Tariff Based Competitive-bidding Guidelines for Transmission Service', notified the escalation rates for bid evaluation of transmission projects based on the old Standard Bidding Documents and Guidelines for the period from 01.04.2024 to 30.09.2024, namely an annual escalation rate of 4.32% for escalable transmission charges and a discount rate of 9.25% for computation of levelized transmission charges; the notification is signed by Harpreet Singh Pruthi, Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-18052024-254241 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 361] NEW DELHI, FRIDAY, MAY 17, 2024/VAISAKHA 27, 1946 THE GAZETTE OF INDIA: EXTRAORDINARY [PART III-SEC.4] CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 2nd April, 2024 No. Eco T1(Old SBD)/2024-CERC.— In pursuance of paragraph 14 of the MOP Resolution dated 10th August 2021 on “Tariff Based Competitive-bidding Guidelines for Transmission Service”, the CERC hereby notifies the following rates for the purpose of bid evaluation for projects based on the old Standard Bidding Documents (SBDs) and Guidelines for the period from 01.04.2024 to 30.09.2024 as under. Annual Escalation Rates for Bid Evaluation: +---------+---------------------------------------------------------+--------------------------------------------+ | Sl. No. | Description | Annual Escalation Rates for Bid Evaluation | +=========+=========================================================+============================================+ | 1 | Annual escalation rate for escalable transmission charges | 4.32% | +---------+---------------------------------------------------------+--------------------------------------------+ | 2 | Discount rate for computation of levelized transmission charges | 9.25% | +---------+---------------------------------------------------------+--------------------------------------------+ HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./131/2024-25]

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