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ARTICLE · 01 OCTOBER 2020

Projects, Energy & Infrastructure - September 2020

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CERC on August 25, 2020 notified CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2020 to amend the CERC (Terms and Conditions of Tariff) Regulations, 2019 (Principal Regulations).

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LEGAL & POLICY UPDATES

CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2020

  • Central Electricity Regulatory Commission (CERC) on August 25, 2020 notified CERC (Terms and Conditions of Tariff) (First Amendment) Regulations, 2020 (Amendment Regulations) to amend the CERC (Terms and Conditions of Tariff) Regulations, 2019 (Principal Regulations). These Regulations come into force from the date of their publication in the Official Gazette, except Clause (6) of Regulation 21, which shall be applicable retrospectively from April 01, 2019.
  • The amendments are for introducing a separate tariff stream for revised emission standards, which requires determination of separate capital cost, fixation of date of operation of emission control systems, financial parameters and operational parameters. Formulae for computation of supplementary capacity charges, supplementary energy charges and its recovery mechanism have also been introduced.

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