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Core Purpose

Notification by the Central Electricity Regulatory Commission fixing the annual escalation rate and discount rate applicable to inter-state transmission service payments for the period 1st October 2023 to 31st March 2024.

Detailed Summary

The Central Electricity Regulatory Commission (CERC), via No. Eco T2/2023-CERC dated 5th October 2023, in pursuance of the Tariff based Competitive-bidding Guidelines for Transmission Service (as amended up to 10th October 2008) issued by the Ministry of Power and Schedule-7 of the Standard Transmission Service Agreement documents, notifies an annual inflation/escalation rate of 0.62% applicable to escalable transmission charges for payment for the period 1st October 2023 to 31st March 2024; and, in accordance with Schedule-9 of the Standard Transmission Service Agreement under the Revised Guidelines and Standard Bidding Documents for procurement of Inter-State Transmission Services (ISTS) through Tariff Based Competitive Bidding dated 6th August 2021, also notifies a discount rate of 7.70% for determining relief under Force Majeure Event and Change in Law during the Construction Period for the same period. The notification is issued under ADVT.-III/4/Exty./544/2023-24 and signed by Harpreet Singh Pruthi, Secretary.

Full Text

7191 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] 5 vDrwcj] 2023 .—fo|qr ea=ky; }kjk tkjh fnukad 10 väwcj] 2008 rd la'kksf/kr ^^ikjs"k.k lsok ds fy, VSfjQ vk/ kkfjr çfrLi/kkZRed&cksyh ekxZfunZs'k^^ vkSj ekud ikjs"k.k lsok djkj nLrkostksa dh vuqlwph&7 ds vuqlj.k esa dsUæh; fo|qr fofu;ked vk;ksx ¼dsfofovk½ fnukad 01 -10-2023 ls 31 -03-2024 dh vof/k ds fy, lank; ds ç;kstu gsrq fuEufyf[kr nj dks vf/klwfpr djrk gSA 1- lank; ds ç;kstu gsrq o`f)&;ksX; ikjs"k.k çHkkjksa ds fy, okf"kZd eqæk LQhfr nj 0-62% 2- fo|qr ea=ky; }kjk tkjh fnukad 6 vxLr] 2021 ds ^^VSfjQ vk/kkfjr çfrLi/kkZRed cksyh ¼Vhchthch½ ds ek/;e ls varj&jkfT;d ikjs"k.k lsok ¼vkbZ,lVh,l½ dh mikfIr ds fy, iqujhf{kr fn'kkfunsZ'k vkSj ekud cksyh nLrkost ¼,lchMh½^^ ds v/khu ekud ikjs"k.k lsok djkj dh vuqlwph& 9 ds vuqlkj dsfofovk] fnukad 01-10-2023 ls 31 -03-2024 dh vof/k ds No. 762] NEW DELHI , FRIDAY , NOVEMBER 17, 2023/ KARTIKA 26, 1945 CG-DL-E-18112023-250121 1 fuekZ.k vof/k ds nkSjku vifjgk;Z ?k Vuk ,oa fof/k esa ifjorZu ds v/khu jkgr dk fu/kkZj.k djus ds fy, NwV nj 7.70% gjizhr flag çqFkh] lfpo CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 5th October, 2023 No. Eco T2/2023 -CERC.—In pursuance of the "Tariff based Competitive -bidding Guidelines for Transmission Service", amended up to 10th O ctober, 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 rate for the purpose of payment for the period from 01 .10.2023 to 31.03.2024. 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 for the purpose of payment 0.62% 2. In accordance with Schedule -9 of the Standard Transmission Service Agreement under the “Revised Guidelines and Standard Bidding Documents (SBDs) for procurement of lnter -State Transmission Services (ISTS) through Tariff Based Comp etitive Bidding (TBGB) process" dated 6th August 2021 issued by the Ministry of Power, the CERC hereby notifies the following discount rate for the period from 01.10.2023 to 31.03.2024. Discount rate for determining the Relief under Force Majeure Event & Change in Law during Construction Period as per the Transmission Service Agreement: S. No. Description Rate 1. Discount rate for determining the Relief under Force Majeure Event & C hange in Law during Construction Period 7.70% HARPREET SINGH PRUTHI , Secy. [ADVT. -III/4/Exty./ 544/2023 -24] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publicat ions, Delhi -110054.

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