CERC
Revised framework of Day-Ahead Merit Order Dispatch Mechanism finalized
- Apr 27, 2023
The Union Ministry of Power has finalized a revised structure of the “Day-Ahead National-level Merit Order Despatch Mechanism” with a view to lowering the overall cost of electricity generation, a government release said. The revised mechanism is expected to Read more
WRSR Transmission sees 15 per cent drop in L1 bid, post e-RA
- Apr 13, 2023
The interstate transmission scheme housed under “WRSR Transmission Ltd” saw a 15 percent drop in L1 bids, after the e-reverse auction (e-RA) round. In a special study by T&D India, based on official reports issued by Read more
PGCIL completes acquisition of three project SPVs for ISTS schemes
- Apr 2, 2023
Power Grid Corporation of India Ltd (PGCIL) announced that it has completed the acquisition of three project special purpose vehicles, incorporated for the development of interstate transmission system (ISTS) schemes. In independent stock exchange filings, PGCIL announced that it Read more
Kishtwar Transmission: CERC adopts transmission charges
- Mar 27, 2023
In a recent order, Central Electricity Regulatory Commission (CERC) has adopted the transmission charges relating to the project being developed by “Kishtwar Transmission Ltd,” a subsidiary of Sterlite Power. Sterlite Power won the project under the tariff-based competitive bidding Read more
Recent Regulatory Reforms and its implications on Future Electricity Transactions
- Mar 15, 2023
The Central Electricity Regulatory Commission (CERC) is in the process of framing many new regulations – such as Grid code, General Network Access (GNA) Regulations, Transmission Sharing Regulations, Renewable Energy Certificate (REC) Regulations, Ancillary Regulations, Deviation Settlement Mechanism Read more
IEX commences trade in HP-DAM segment
- Mar 13, 2023
Indian Energy Exchange (IEX) has announced the commencement of trade in the High Price Day Ahead Market (HP-DAM) segment. The Central electricity Regulatory Commission (CERC) in its order dated February 16, 2023, approved the introduction of HP-DAM in the Read more
CERC allows High-price Day Ahead Market (HP-DAM) on IEX
- Feb 16, 2023
In a very recent order, Central Electricity Regulatory Commission (CERC) has allowed Indian Energy Exchange (IEX) to introduce High Price Day Ahead Market (HP-DAM) on the exchange’s Integrated Day Ahead Market (I-DAM) segment. IEX had filed Read more
ReNew Transmission wins its third ISTS concession in TBCB mode
- Feb 9, 2023
ReNew Transmission Ventures Pvt Ltd has won its third interstate transmission system (ISTS) project under the tariff-based competitive bidding (TBCB) mechanism. According to information available from Central Electricity Regulatory Commission (CERC), ReNew Transmission has been selected as the successful Read more
CERC relaxes conditions on ISTS waiver
- Jan 2, 2023
In a recent order, Central Electricity Regulatory Commission (CERC) has offered more relaxation with respect to waiver of ISTS-related transmission charges. The order has given a six-month extension, from the original December 31, 2022 to the revised June 30, Read more
CERC issues transmission licence to Neemuch TBCB project
- Dec 5, 2022
Central Electricity Regulatory Commission (CERC), in its order dated December 1, 2022, has granted ISTS transmission licence to Powergrid Neemuch Transmission Ltd. Powergrid Neemuch Transmission Ltd (PNTL, originally known as Neemuch Transmission Ltd) is developing an interstate transmission system Read more