Wednesday, February 1, 2023
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CERC to compensate imported coal-based power producers for higher running cost

CERC has decided to fully compensate imported coal-based plants for higher running costs required for supplying electricity under forced circumstances

CERC introduces floor price for energy savings certificates

The CERC has introduced a floor price or a minimum price at which Energy Savings Certificates shall be traded on the power exchanges

Sanjay Malhotra (IAS) takes charge as Secretary of Department of Revenue

Sanjay Malhotra (IAS) has assumed charge as Secretary of the Department of Revenue under the Ministry of Finance on Thursday

CERC allows gencos to blend 20% imported coal without prior permission from discoms

The CERC has allowed gencos to blend 20% coal from alternative sources, including imported coal, without taking prior permission from beneficiaries, like discoms

Power crisis: CERC proposes ‘deterrent charges’ for power plants with low coal stock

The CERC has proposed “deterrent charges” in the form of a reduction in power tariffs for plants that do not maintain adequate coal stock

Govt mulls renewable generation obligation for all thermal power plants on lines of RPO

Synopsis: To reduce India's coal demand from the power sector and to make electricity cheaper for distribution companies, the government is considering a renewable energy (RE) generation obligation for all power plants on the lines of RPO, said Power Minister RK Singh

Adani Power (Mundra), GUVNL to now approach CERC for approval of amended PPA

Synopsis: Adani Power (Mundra) and Gujarat Urja Vikas Nigam Ltd (GUVNL) have decided to resolve all disputes pertaining to Power Purchase Agreements (PPA), revive supply of power and approach the Central Electricity Regulatory Commission (CERC) for approval

SJVN to commence electricity trading, tie up contracts of 900 MW RTC, says CMD

SJVN CMD Nand Lal Sharma has said that the company aims to commence intra-state trading operations by tying up contracts to the extent of 900 MW RTC or equivalent

SJVN gets Category I licence for inter-state trading of electricity across India from CERC

The Central Electricity Regulatory Commission (CERC) has granted Category I licence for inter-state trading of electricity across India to SJVN Ltd

IEX commences trading of ESCerts under second phase of PAT scheme

The Indian Energy Exchange (IEX) has commenced the trading of Energy Saving Certificates (ESCerts) on Tuesday

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