Regulatory Developments in Power Trading Sector: May 19, 2025

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  CERC grants Category V trading licence to Visan Infrastructure The Central Electricity Regulatory Commission (CERC) has approved a Category V interstate electricity trading licence for Visan Infrastructure Private Limited (VIPL), allowing it to trade electricity across India. The order follows VIPL’s compliance with regulatory norms on financial capacity and technical expertise. Under the Trading Licence Regulations, 2020, Category V licensees require a net worth of Rs 20 million and a liquidity ratio of at…

Regulatory Developments in Power Transmission Sector: May 19, 2025

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  TNERC issues draft 2025 Grid Code  The Tamil Nadu Electricity Regulatory Commission (TNERC) has released the draft Tamil Nadu Electricity Grid Code, 2025 (TNEGC), repealing the 2005 version. The draft aims to align grid operations with the Indian Electricity Grid Code (IEGC), 2023, and invites public comments until June 11, 2025. The Code will apply to all users of the intra-state transmission system, including the State Load Despatch Centre (SLDC), State Transmission Utility (STU),…

Regulatory Developments in Power Generation Sector: May 19, 2025

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  APTEL recognises fly ash and coal charge hikes as Change in Law The Appellate Tribunal for Electricity (APTEL) has overturned the Maharashtra Electricity Regulatory Commission’s (MERC) order, declaring additional fly ash transport costs and revised coal charges as “Change in Law” (CIL) events under Power Purchase Agreements (PPAs) between RattanIndia Power Limited and Maharashtra State Electricity Distribution Company (MSEDCL). The case involved three claims. First, APTEL ruled that the Ministry of Environment’s 2016 and…

Regulatory Developments in Renewable Sector: May 16, 2025

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  GERC approves tariffs for 500 MW BESS under GUVNL’s Phase-IV tender The Gujarat Electricity Regulatory Commission (GERC) has approved tariffs discovered through Gujarat Urja Vikas Nigam Limited’s (GUVNL) Phase-IV global bidding for standalone Battery Energy Storage Systems (BESS) with a capacity of 500 MW/1000 MWh. The procurement is aimed at meeting Gujarat’s Renewable Purchase Obligations (RPO) and Energy Storage Obligations (ESO) as mandated by the Ministry of Power. The petition was filed under Sections…

Regulatory Developments in Power Distribution Sector: May 16, 2025

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  APTEL allows TNERC to revisit pre-2003 tariff for Southern Railway The Appellate Tribunal for Electricity (APTEL) has ruled that the Tamil Nadu Electricity Regulatory Commission (TNERC) can review a 2001 electricity tariff hike imposed on Southern Railway. The judgment sets aside TNERC’s earlier dismissal and remands the case for a fresh decision within six months. The case involves a tariff hike under G.O. No. 95 of 2001, which raised rates for Southern Railway’s traction…

Miscellaneous Regulatory Developments in Power Sector: May 7, 2025

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  APERC warns state transmission wing for years of MYT non-compliance The Arunachal Pradesh State Electricity Regulatory Commission (APERC) has directed the state’s Transmission Planning & Monitoring Zone (TP&MZ) to file its Multi Year Tariff (MYT) petition within one month. The Commission noted that no MYT application had been filed since 2019, despite multiple reminders and notices issued under the 2018 and 2024 MYT Regulations. TP&MZ cited manpower shortages as the cause of the delay…

Regulatory Developments in Power Trading Sector: May 7, 2025

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  CERC reforms power trading to improve price discovery   The Central Electricity Regulatory Commission (CERC) has issued an order to reform electricity trading in India. The order addresses concerns around price discovery, liquidity, and market fragmentation across power exchanges. It applies to the Term Ahead Market (TAM), Day-Ahead Contingency (DAC), and Intra-Day contracts, and aims to enhance transparency and competition. In the TAM segment, power exchanges must discontinue user-defined time slots, such as hourly contracts,…

Regulatory Developments in Power Distribution Sector: May 7, 2025

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  TGERC approves additional surcharge for open access consumers in FY 2025-26 The Telangana Electricity Regulatory Commission (TGERC) has approved an additional surcharge (AS) of Rs 1.45 per kWh for open access (OA) consumers for the first half of FY 2025-26 (April to September).  The Federation of Telangana Chambers of Commerce and Industry (FTCCI) contested the proposed AS of Rs 1.69/kWh, deeming it excessive. However, Telangana Discoms (TGDISCOMs) defended the surcharge, arguing that it was…

Regulatory Developments in Power Transmission Sector: May 7, 2025

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  APTEL directs WBERC to reconsider HEL’s disallowed transmission costs The Appellate Tribunal for Electricity (APTEL) has ruled in favour of Haldia Energy Limited (HEL), setting aside key cost disallowances by the West Bengal Electricity Regulatory Commission (WBERC) related to a 400 kV dedicated transmission project. APTEL directed WBERC to revise its 2020 order and re-evaluate several claims, while allowing others outright. The case involved HEL’s appeal against WBERC’s disallowance of Rs 45.44 crore from…

Regulatory Developments in Renewable Sector: May 7, 2025

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  APERC approves 400 MW wind-solar hybrid projects  The Andhra Pradesh Electricity Regulatory Commission (APERC) has granted approval for four amended Power Purchase Agreements (PPAs) totaling 400 MW of wind-solar hybrid power. The projects, developed by Axis Energy Ventures India Private Limited (AEVIPL) under the Bundling, Balancing, and Banking (BBB) scheme, will supply electricity to the Southern Power Distribution Company of Andhra Pradesh (APSPDCL) at a fixed tariff of Rs 4.60 per kWh for 25…