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Core Purpose

Notification by the Central Electricity Regulatory Commission fixing monthly escalation rates for imported coal costs applicable to power procurement payments under the SHAKTI policy for August 2023.

Detailed Summary

By notification No. Eco-M08/2023-CERC dated 30th August 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), a Ministry of Power communication to CERC dated 13.04.2022, and a Ministry of Power Resolution dated 11.07.2022 amending the guidelines for long-term procurement of electricity from thermal power stations set up on a Design, Build, Finance, Own and Operate (DBFOO) basis sourcing coal allocated under the SHAKTI (Scheme for Harnessing and Allocating Koyala Transparently in India) Policy dated 6.03.2019, notifies monthly escalation rates applicable for August 2023 for payment under Power Purchase Agreements entered into under those Guidelines: an escalation rate of -1.15% for imported coal, 0.01% for transportation of imported coal, and -0.57% for inland handling of imported coal; the notification is signed by Harpreet Singh Pruthi, Secretary, under reference ADVT.-III/4/Exty./435/2023-24. The document also contains a preceding Hindi-language passage covering the same subject matter, which was disregarded per instructions to focus solely on the English content.

Full Text

6024 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] 30 vxLr ] 2023 .—Þforj.k vuqKfIr/kkfj;ksa }kjk ÅtkZ dh mikfIRk ds fy, cksyh çfØ;k }kjk VSfjQ dk vo/kkj.k djus 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 -6 ¼vi½ 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] ch¼III½ 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 lz ksr 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 No. 654] NEW DELHI, THURSDAY , SEPTEMBER 21 , 2023/ BHADRA 30, 1945 CG-DL-E-22092023-248902 1- vk;kfrr dks;ys ds fy, o`f) nj -1.15% 2- vk;kfrr dks;ys ds i fjogu ds fy, o`f) nj 0.01% 3- vk;kfrr dks;ys dh varnsZ'kh; mBkbZ&/kjkbZ ds fy, o`f) nj -0.57% gjizhr flag çqFkh] lfpo CENTRAL ELECTRICITY REGULATORY COMMISSION NOTIFICATION New Delhi, the 30th August, 2023 No. Eco -M08/2023 -CERC.— In pursuance of Clause 5.6 (vi) of 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 commu nication to the Central Electricity Regulatory Commission (CERC) dated 13.04.2022, and MOP Resolution dated 11.07.2022 on amendment to the “Guidelines for long term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Ow n 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 August 2023 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement ente red into under the Guidelines mentioned above: Sr. No. Description Monthly Escalation Rates for Payment 1. Escalation rate for imported coal -1.15% 2. Escalation rate for transportation of imported coal 0.01% 3. Escalation rate for inland handling of imported coal -0.57% HARPREET SINGH PRUTHI , Secy. [ADVT. -III/4/Exty./ 435/2023 -24] 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.

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