Deadline Extended for Comments on Carbon Credit Trading Regulations
Previously scheduled for December 15, 2024, the new deadline for submitting feedback is now December 31, 2024. This extension allows stakeholders additional time to review the draft regulations and provide input.
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.
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.
Stakeholders Gain More Time for Feedback on Resource Adequacy Framework Discussion Paper
It may be recalled that the CEA had released this draft paper on October 18, 2024. Stakeholders were initially given a deadline of November 4, 2024, to provide feedback. Now, by the present notice, the CEA has decided to extend this deadline till November 17, 2024.
Deadline Extended For Feedback On Draft Amendments To Electricity Trading Contracts
CERC had proposed revisions to the regulations governing power trading on power exchanges in India. Stakeholders were initially given a deadline of November 4, 2024, to provide feedback. This deadline has now been extended till November 11, 2024.
Report On Short-Term Power Market In India 2023-24
The report sheds light on the evolving landscape of the country’s power sector, with a detailed exploration of short-term power transactions across various mechanisms. The report, structured into four main sections, covers an overview of the power sector, trends in short-term power markets, cross-border electricity trade, and trading of renewable energy certificates.
Draft Amendment Rules for Electricity Late Payment Surcharge
The rules will apply to outstanding dues of generating companies, transmission licensees, and electricity trading licensees. The draft rules also propose a procedure for settling dues arising from court orders.
CERC Extends Timeline For Complying With Changes In Charges For Deviation Of Infirm Power
The stipulation in DSM Regulations regarding charges for deviation by way of injection of infirm power will now come into effect on December 1, 2024. Until November 30, 2024, CERC’s Order dated February 6, 2023, on charges for deviation for injection of scheduled inform power will remain in operation.
