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.
Public Hearing on Electricity Transmission Charges and Losses Rescheduled for January 3rd
The public hearing previously scheduled for December 11, 2024, will now be held on Friday, January 3, 2025, at 10:30 AM. The hearing will be conducted online via video conferencing. The CERC will share the Microsoft Teams link for the public hearing with registered participants. The deadline to register for the hearing is January 1, 2025.
CERC Notifies Commencement of Clause 8 of DSM Regulations 2024
The stipulation in DSM Regulations regarding charges for deviation by way of injection of infirm power will now come into effect on December 23, 2024. Until December 22, 2024, CERC’s Order dated February 6, 2023, on charges for deviation for injection of scheduled inform power will remain in operation.
Public Hearing on Electricity Transmission Charges and Losses Announced
The Central Electricity Regulatory Commission (CERC) has invited stakeholders to participate in a public hearing on the proposed amendments to regulations governing the sharing of interstate transmission charges and losses. This hearing will take place on December 11, 2024 at 10:30am online through video conferencing.
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.
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.
