TAG: "CERC Ruling"

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CERC Approves Tariff for SECI’s 1.2 GW Hybrid Projects

CERC has approved the tariff for SECI’s 1.2 GW Wind-Solar Hybrid Power Projects (Tranche VI) under competitive bidding. The order validates the discovered tariff, ensures regulatory compliance, and approves a INR 0.07/kWh trading margin, enabling project execution and financial closure.

CERC Ruling | March 03, 2025 | By EI News Network | 139

CERC Approves Tariff for 900 MW Solar Projects by SECI

CERC has adopted tariffs for 900 MW of solar projects under SECI’s Tranche-XI. While 300 MW are secured under PPAs and PSAs, the tariff for the remaining 600 MW is approved, subject to future agreements being finalised.

CERC Ruling | February 05, 2025 | By EI News Network | 367

CERC Grants Compensation to RE Firm for GST Hike Impact on Solar Project Costs

CERC has granted Beempow Energy compensation for increased costs due to the GST rate hike on renewable energy devices. The compensation will cover additional expenditure on the solar project, with payment terms including a 9.12 percent discount rate over 15 years.

CERC Ruling | February 01, 2025 | By EI News Network | 473

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 Ruling | January 05, 2025 | By EI News Network | 1112

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 Ruling | November 20, 2024 | By EI News Network | 845