CERC
CERC directs IEX to consult CEA on cross-border trading
- Dec 8, 2021
Central Electricity Regulatory Commission (CERC) has directed Indian Energy Exchange (IEX) to approach Central Electricity Authority (CEA) in the matter of IEX seeking permission to allow cross-trading on the exchange. In its order dated December 6, 2021 (No.596/2021), Read more
IEX to resume REC trading after 16-month hiatus
- Nov 23, 2021
Indian Energy Exchange (IEX) in a release said that it would be resuming trading in renewable energy certificates (REC) effective Wednesday, November 24, 2021. The resumption in trading after a 16-month hiatus follows APTEL’s order dated November 9, 2021, Read more
Unsold RECs before impugned order of June 2020, now valid: CERC
- Nov 22, 2021
A recent order by Central Electricity Regulatory Commission (CERC) has said that renewable energy certificates (REC) affected by the Commission’s order of June 17, 2020, will now be considered valid. An order by CERC dated November Read more
Separate licence for additional RTM element in TBCB project, says CERC
- Oct 25, 2021
Central Electricity Regulatory Commission (CERC) has ruled that a separate transmission licence would be required for an additional RTM element with respect to the TBCB project being developed by Powergrid Kala Amb Transmission Ltd. In a recent ruling, CERC Read more
In-principle approval for GDAC on Indian Energy Exchange
- Oct 18, 2021
Central Electricity Regulatory Commission (CERC), it is reliably learnt, has given its in-principle approval to Indian Energy Exchange (IEX) for introducing a new trading instrument “Green Daily Ahead Contract” (GDAC) on the exchange. IEX had proposed the introduction of Read more
Electricity derivatives: Long-pending matter between SEBI and CERC resolved
- Oct 8, 2021
The long-pending matter between SEBI and CERC regarding regulatory jurisdiction of electricity derivatives finally got resolved with the Supreme Court, on October 6, 2021, favorably disposing of the matter in terms of the agreement reached upon by SEBI Read more
Commercial operations of Nabinagar power plant (Unit 3) delayed
- Sep 27, 2021
Unit-3 of the 3x660-mw Nabinagar super thermal power project in Bihar is facing delays in starting commercial operations. The said unit had achieved grid synchronization on March 28, 2021 and it was expected to start commercial operations within six Read more
NTPC’s Barh Stage-1 project: CERC extends timeline for infirm power injection
- Sep 20, 2021
Central Electricity Regulatory Commission (CERC) has allowed interchange of power, including drawl of start-up power and injection of infirm power into the grid up to March 24, 2022, with respect to NTPC’s Barh thermal power project. The relaxation relates Read more
No decision yet on longer duration contracts on power exchanges
- Jul 29, 2021
In a recent order, Central Electricity Regulatory Commission (CERC) said that it was still premature to grant approval to longer-duration contracts sought by Indian Energy Exchange (IEX) and Power Exchange of India Ltd (PXIL) CERC, in its order dated Read more
CERC grants transmission licence to Bikaner-II Bhiwadi Transco
- Jul 19, 2021
Central Electricity Regulatory Commission (CERC) has recently granted transmission licence to Bikaner-II Bhiwadi Transco Ltd, a project SPV of PGCIL. In its order dated July 15, 2021, CERC granted transmission licence under Section 14 of the Electricity Act, 2003. Bikaner-II Read more