Central Electricity Regulatory Commission

In pursuance of Clause 5 6 vi of the Ministry of Power MOP Notification on Guidelines for Determination of Tariff by Bidding Process for Procurement

Issue Date: 20 February 2025 Published: 20 February 2025

Gazette ID: CG-DL-E-20022025-261193 Download PDF

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Core Purpose

CERC notifies monthly escalation rates for January 2025 for power procurement payments by distribution licensees as per power purchase agreements.

Detailed Summary

The Central Electricity Regulatory Commission (CERC) has issued a notification regarding monthly escalation rates applicable for January 2025. These rates are relevant for payments related to the procurement of power by distribution licensees, as per Power Purchase Agreements under existing guidelines. This notification is issued in accordance with Clause 5.6 (vi) of the Ministry of Power (MOP) guidelines dated 19.01.2005, and subsequent MOP communications and resolutions pertaining to tariff determination for power procurement. The guidelines concern long-term procurement from thermal power stations set up on a Design, Build, Finance, Own and Operate (DBFOO) basis and fuel sourcing under Model Bidding Documents and the SHAKTI policy. The notified monthly escalation rates are as follows: for imported coal (-3.39%), for transportation of imported coal (-4.26%), and for inland handling of imported coal (1.12%).

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-20022025-261193 EXTRAORDINARY PART III-Section 4 PUBLISHED BY AUTHORITY No. 135] No. 135] NEW DELHI, THURSDAY, FEBRUARY 20, 2025/PHALGUNA 1, 1946 1300 GI/2025 CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 30th January, 2025 No. Eco-M1/2025-CERC.—In pursuance of Clause 5.6 (vi) of the Ministry of Power (MOP) 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, MOP communication to the Central Electricity Regulatory Commission (CERC) dated 13.04.2022, and MOP Resolution dated 11.07.2022 on an amendment 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 January 2025 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: +-----+------------------------------------------+-------------------------+ | SI. | Description | Monthly Escalation | | No. | | Rates for Payment | +=====+==========================================+=========================+ | 1 | Escalation rate for imported coal | (-)3.39% | +-----+------------------------------------------+-------------------------+ | 2 | Escalation rate for transportation of imported coal | (-)4.26% | +-----+------------------------------------------+-------------------------+ | 3 | Escalation rate for inland handling of imported coal | 1.12% | +-----+------------------------------------------+-------------------------+ HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./992/2024-25]

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