CERC Extends Deadline for Feedback on Inter-State Transmission Charge Regulations

It may be recalled that CERC had originally fixed the deadline for receiving comments on this draft as November 11, 2024. CERC has now decided to grant an extension in this deadlines till November 25, 2024. The CERC has granted this extension in response to requests from stakeholders who require more time to review the draft regulations and provide their feedback.

CERC Proposes New Regulations for Carbon Credit Trading

The Central Electricity Regulatory Commission (CERC) has proposed new regulations to govern the purchase and sale of Carbon Credit Certificates (CCCs) in India. The Bureau of Energy Efficiency will categorize CCCs for obligated and non-obligated entities seeking to comply with or offset their carbon footprint. CCCs will be traded on power exchanges, with specific rules for eligibility, price discovery, and registry interaction requiring CERC approval.

CERC Extends Deadline for Comments and Organizes Workshop on GNA Regulations

The Central Electricity Regulatory Commission (CERC) has extended the deadline for stakeholders to submit comments and suggestions on the “Staff Paper on Modifications in the GNA Regulations.” The new deadline is December 2, 2024. Additionally, CERC will also be having an interactive session to facilitate better understanding on the issues arising from these modifications on November 19, 2024.

Power Purchase Escalation Rates Announced for October 2024- March 25

The Ministry of Power has announced the annual escalation rates applicable for the period from October 1, 2024, to March 31, 2025. These rates will be used to calculate payments for power procured by distribution licensees under various Power Purchase Agreements (PPAs). These escalation rates will be used to adjust the payments made to power producers based on changes in fuel costs and other relevant factors.

New Guidelines Issued to Enhance Power System Operations

These guidelines aim to ensure that LDCs are staffed with sufficient skilled personnel to handle the increasing complexity of power system operations. They provide a framework for determining the optimal number of staff required, their qualifications, and training needs.

India Launches Scheme Guidelines For Implementation Of Pilot Projects For Green Hydrogen

The Government of India has approved a issued new scheme implementation guidelines to promote the production and utilization of green hydrogen through innovative methods and pathways. The scheme guidelines aim to explore and validate the potential of green hydrogen as a clean and sustainable energy source. This scheme was issued on November 8, 2024. This […]

CEA Provides Key Feedback on CERC’s New Draft Amendments for Electricity Trading

The Central Electricity Authority (CEA) has submitted its comments on the Draft Order in Suo-Motu Petition No. 8/SM/2024 issued by the Central Electricity Regulatory Commission (CERC) on October 4, 2024.
Overall, the CEA’s comments emphasize the need for standardized contracts, increased transparency, and improved competition in the short-term power market.