MoP withdraws Guidelines regarding Discoms drawing Power after Expiry of PPA
Post PPA expiration, both parties are afforded the liberty to decide whether to enter into another agreement for the purchase or sale of power. Alternatively, the generator has the option to sell power through exchanges or enter into bilateral agreements with entities of their choosing. This approach ensures the establishment of a fair and competitive marketplace.
CERC announces June 2023 Escalation Rates for Power Procurement by Distribution Licensees
In accordance with the Ministry of Power (MOP) notification on “Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees,” the Central Electricity Regulatory Commission (CERC) has released the monthly escalation rates for payment for the procurement of power by distribution licensees for the month of June, 2023.
Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2023
The regulations clarify that any country connected to the National Grid or Regional Grid will be treated as a separate control area. This recognition enables effective planning of generation and transmission resources to meet projected demand while complying with specified reliability standards. Emphasis is placed on integrating environmentally friendly technologies, such as renewable energy sources, flexible resources, energy storage systems, and demand response measures, to manage the intermittent and variable nature of renewable energy sources.
