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Core Purpose

Notification by the Central Electricity Regulatory Commission specifying monthly escalation rates for October 2023 for payment towards power procurement under Power Purchase Agreements.

Detailed Summary

By notification No. Eco-M10/2023-CERC dated 29th October 2023, the Central Electricity Regulatory Commission (CERC), acting in pursuance of Clause 5.6(vi) of the Ministry of Power's notification on Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees dated 19.01.2005 (as amended from time to time), the Ministry of Power's communication to CERC dated 13.04.2022, and the Ministry of Power's Resolution dated 11.07.2022 amending the Guidelines for long term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Own and Operate (DBFOO) basis, including allocation of coal under B(I), B(III) and B(IV) of the SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy dated 6.03.2019, notified the monthly escalation rates applicable for October 2023 for payment under Power Purchase Agreements entered into under those guidelines. The notified rates are: escalation rate for imported coal - 6.49%; escalation rate for transportation of imported coal - 4.06%; and escalation rate for inland handling of imported coal - 2.25%. The notification was signed by Harpreet Singh Pruthi, Secretary [ADVT.-III/4/Exty./541/2023-24].

Full Text

7188 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY ubZ fnYyh] 29 vDrwcj] 2023 .—Þforj.k vuqKfIr/kkfj;ksa }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k dj us gsrq ekxZn'kZd fl)karß ls lacaf/kr fo|qr ea=ky; dh le;≤ ij ;Fkkla'kksf/kr rkjh[k 19 -01- 2005 dh vf/klwpuk ds [kaM 5 -6¼vi½ ds vuqlj.k esa] dsUnzh; fo|qr fofu;ked vk;ksx dks fo|qr ea=ky; ds i= fnukad 13-04-2022 vkSj **'kfDr ¼Hkkjr esa dks;yk] ikjn'khZ :Ik esa vkcafVr djus okys vkSj gkuZsflax ds fy, ;kstuk½ uhfr** fnukad 06-03-2019 ds ch¼ I½] ch¼ III½ vkSj ch¼ IV½ ds v/khu dks;ys ds vkcaVu lfgr ekWMy cksyh nLrkostksa ds v/khu ;FkkçnÙk fMtkbu] fuekZ.k] foÙk] LokfeRo vkSj çpkyu ¼Mhch,Qvksvks½ vk/kkj vkSj lzks r bZa/ku ij LFkkfir FkeZy ikoj LVs'kuksa ls fo|qr dh nh?kZdkfyd mikfIr ds fy, ekxZfunsZ'k** ds la'kks/ku ij fnukad 11 -07-2022 ds çLrko ds vuqlj.k esa] dsfofovk Hkqxrku ds iz;kstu ds fy, fuEufyf[kr o`f) njksa dks vf/klwfpr djrk gSA 1- vk;kfrr dks;ys ds fy, o`f) nj 6.49% 2- vk;kfrr dks;ys ds ifjogu ds fy, o`f) nj 4.06% 3- vk;kfrr dks;ys dh varnsZ'kh; mBkbZ&/kjkbZ ds fy, o`f) nj 2.25% gjizhr flag çqFkh] lfpo No. 759] NEW DELHI , FRIDAY , NOVEMBER 17, 2023/ KARTIKA 26, 1945 CG-DL-E-18112023-250118 CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 29th October, 2023 No. Eco -M10/2023 -CERC.—In pursuance of Clause 5.6 (vi) of Ministry of Power (MOP) Notification on “Guidelines for Determination of Tar iff by Bidding Process for Procurement of Power by Distribution Licensees” dated 19.01.2005 as amended from time to time, MOP communication to the Central Electricity Regulatory Commission (CERC) dated 13.04.2022, and MOP Resolution dated 11.07.2022 on ame ndment to the “Guidelines for long term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Own and Operate (DBFOO) basis and sourcing fuel as provided under Model Bidding Documents including allocation of coal under B (I), B(III) and B(IV) of SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy” dated 6.03.2019, the CERC notifies the following escalation rates for the purpose of payment . Monthly Escalation Rates applicable for Octob er 2023 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered into under the Guidelines mentioned above: Sr. No. Description Monthly Escalation Rates for Payment 1 Escalation r ate for imported coal 6.49% 2 Escalation rate for transportation of imported coal 4.06% 3 Escalation rate for inland handling of imported coal 2.25% HARPREET SINGH PRUTHI , Secy. [ADVT. -III/4/Exty./ 541/2023 -24] Uploaded by Dte. of P rinting at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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