TAG: "CERC"

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IEX Reports 13.7 Percent Revenue Growth to INR 160.5 Crore in Q3 FY'25

IEX sees substantial growth in Q3 FY'25, with revenue at INR 160.5 Crore and PAT rising by 16.9 percent to INR 107.3 Crore. The exchange also reported a 15.9 percent rise in electricity volumes and a 31 percent increase in Renewable Energy Certificates traded.

CERC | January 25, 2025 | By EI News Network | 399

CERC Rejects SECI's Proposed Tariff for BESS Project Due to Delays and Market Price Shifts

CERC rejected SECI's tariff proposal for the Gujarat BESS project, citing delays in agreements and falling battery prices, which misaligned the tariff with current market conditions. The Commission emphasised the importance of adhering to timelines and ensuring fair pricing.

CERC | January 05, 2025 | By EI News Network | 902

CERC Issues Clarifications and Amendments to DSM Regulations, Effective December 2024

The CERC's DSM Regulations 2024 clarifies provisions on infirm power, grid stability, and deviations. Effective from December 23, 2024, it addresses stakeholder concerns, trial run procedures, and charges, without retrospective applicability.

CERC | December 23, 2024 | By EI News Network | 938

CERC Rejects SECI’s Request for Additional Trading Margin on BESS Ancillary Services

CERC ruled against SECI's request for an additional trading margin for BESS charging and discharging in Ancillary Services, citing potential financial burden and double payment. The Commission emphasised cost optimisation and upheld its original order, dismissing SECI’s review petition.

CERC | November 20, 2024 | By EI News Network | 718

CERC Issues Draft Regulations for Carbon Credit Trading Scheme

CERC's draft regulations for the Carbon Credit Trading Scheme (2023) establish a framework for trading Carbon Credit Certificates on Power Exchanges. They ensure transparency, market oversight, pricing mechanisms, penalties for non-compliance, and fees to manage registry operations, supporting India’s carbon market development.

CERC | November 14, 2024 | By EI News Network | 1236

CERC Amends Indian Electricity Grid Code Regulations

The CERC has revised the Indian Electricity Grid Code, introducing new rules for infirm power injection, operational capacity revisions, and compensation mechanisms, aiming to improve efficiency and reliability in India's electricity sector.

CERC | October 25, 2024 | By EI News Network | 1295

CERC Issues Draft Notification for Amendments to Inter-State Transmission Charges Regulations

CERC's draft notification outlines key amendments to enhance inter-state transmission charges and losses regulations. Changes include dual connectivity provisions, and extended waivers for renewable energy projects, aiming to improve efficiency, transparency, and cost-sharing in India's electricity market.

CERC | October 21, 2024 | By EI News Network | 669

GERC Releases Draft Regulations for RE Procurement in Gujarat

GERC has released draft regulations for renewable energy procurement in Gujarat, focussing on strict Renewable Purchase Obligations (RPO), energy storage, and compliance through RECs. Feedback is invited until October 18, 2024, with a public hearing on October 25, 2024.

CERC | October 03, 2024 | By EI News Network | 907

Power Grid Acquires Bhadla-III Power Transmission for INR 6.42 Crore

Bhadla-III Power Transmission has been acquired by Power Grid pursuant to the company emerging as the successful bidder under Tariff Based Competitive Bidding.

CERC | August 30, 2024 | By EI News Network | 726

CERC Proposes Amendments to Connectivity and Network Access Regulations

CERC has released a draft for the third amendment to the Connectivity and General Network Access (GNA) Regulations, formally titled the Central Electricity Regulatory Commission (Connectivity and General Network Access to the Inter-State Transmission System) (Third Amendment) Regulations, 2024.

CERC | August 22, 2024 | By News Bureau | 830