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Core Purpose

Regulations issued by the Central Electricity Regulatory Commission amending the Cross Border Trade of Electricity Regulations to insert a definition of 'Settlement Nodal Agency Charge' and to prescribe the SNA charge payable by participating entities in neighbouring countries.

Detailed Summary

By notification No. 13/2/7/2015-PM/CERC dated 15th December, 2023, the Central Electricity Regulatory Commission, acting under Section 178 of the Electricity Act, 2003 (36 of 2003) read with Section 66 thereof and the Guidelines on the import and export of Electricity issued by the Ministry of Power, notified the Central Electricity Regulatory Commission (Cross Border Trade of Electricity) (First Amendment) Regulations, 2023, effective from the date of publication in the Official Gazette. The amendment inserts a new definition, clause (tt-A), defining 'Settlement Nodal Agency Charge' or 'SNA Charge' as the charge payable to the Settlement Nodal Agency (SNA) by participating entities located in neighbouring countries for discharging mandated functions. It further substitutes Clause (2) of Regulation 30 of the Principal Regulations (Cross Border Trade of Electricity Regulations, published on 08.03.2019 in Part III, Section 4 of the Gazette of India, Extraordinary, No. 160) under Chapter 5 (Payment of Charges and Payment Security Mechanism), providing that the Settlement Nodal Agency may recover from participating entities located in neighbouring countries an SNA charge of 0.50 paisa (half paisa) per kWh on the energy scheduled, and shall formulate a suitable payment security mechanism for the charges collected. The notification was signed by Harpreet Singh Pruthi, Secretary, under Advertisement No. III/4/Exty./640/2023-24.

Full Text

The Gazette of India EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 857] NEW DELHI, TUESDAY, DECEMBER 26, 2023/PAUSHA 5, 1945 CG-DL-E-26122023-250910 CENTRAL ELECTRICITY REGULATORY COMMISSION AMENDMENT New Delhi, the 15th December, 2023 No. 13/2/7/2015-PM/CERC.—In accordance with the provisions of Section 178 of the Electricity Act 2003 (36 of 2003) read with Section 66 thereof and the Guidelines on the import and export of Electricity issued by the Ministry of Power, Government of India, the Central Electricity Regulatory Commission hereby makes the following regulations: 1. Short Title and Commencement (1) These regulations may be called the Central Electricity Regulatory Commission (Cross Border Trade of Electricity) (First Amendment) Regulations, 2023. (2) These regulations shall come into force from the date of publication in the Official Gazette. 2. Definitions and Interpretation (1) In these regulations, unless the context, otherwise requires: "(tt-A) 'Settlement Nodal Agency Charge' or 'SNA Charge' means the charge payable to the SNA by the participating entities located in the neighbouring countries, for discharging the mandated functions;" CHAPTER-5 PAYMENT OF CHARGES AND PAYMENT SECURITY MECHANISM 3. Amendment to Clause (2) of Regulation 30 of the Principal Regulations (1) Clause (2) of Regulation 30 of the Principal Regulations shall be substituted as under: "30 Payment of Transmission charges and other charges (1) XXX (2) Settlement Nodal Agency may recover from the participating entities located in the neighbouring countries SNA charge of 0.50 paisa (Half paisa)/kWh on the energy scheduled, and shall formulate a suitable payment security mechanism for the charges to be collected by it." HARPREET SINGH PRUTHI, Secy. [ADVT.-III/4/Exty./640/2023-24] Note: 1. Principal Regulations were published on 08.03.2019 in Part III, Section 4 of the Gazette of India (Extraordinary) No 160.

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