Author: PPD Team Date: 18/02/2025
DERC approves BRPL’s petition for draft PPA with NPCIL for nuclear power
The Delhi Electricity Regulatory Commission (DERC) has approved BSES Rajdhani Power Limited’s (BRPL) petition for the draft power purchase agreement (PPA) between BRPL and Nuclear Power Corporation of India Limited (NPCIL). The agreement pertains to 25 MW of nuclear power from the Rajasthan Atomic Power Station units 5 and 6.
The DERC observed that the draft PPA is largely based on the original PPA dated April 27, 2005, with amendments to align it with the Late Payment Surcharge and Related Matters Rules, 2022, introduced by the Ministry of Power. Other minor deviations in the draft PPA relate to bill presentation, error resolution, and payment methods, which have been mutually agreed upon.
The commission has granted approval for the draft PPA. Under its terms, NPCIL will charge tariffs in accordance with notifications issued by the Department of Atomic Energy, in line with the Atomic Energy Act of 1962. Once signed, BRPL will submit a copy of the PPA to DERC for record-keeping.
Petition No. 33/2024 | Click here to read the full order.
KSERC approves truing up of accounts for KPUPL for FY 2022-23
The Kerala State Electricity Regulatory Commission (KSERC) has approved the truing up of accounts for KINESCO Power and Utilities Private Limited (KPUPL) for the financial year 2022-23.
The approved expenditure and revenue figures after the truing up are as follows (in Rs million):
Purchase of power: Approved: 516.926, Revised: 601.682, Trued up: 581.744
Employee cost: Approved: 6.275, Revised: 8.278, Trued up: 7.305
Administration & general expenses: Approved: 4.773, Revised: 11.546, Trued up: 4.892
Repair & maintenance expenses: Approved: 10.023, Revised: 11.182, Trued up: 10.273
Depreciation: Approved: 6.717, Revised: 6.996, Trued up: 6.846
Interest & finance charges: Approved: 4.891, Revised: 9.745, Trued up: 8.130
Return on equity: Approved: 0.443, Revised: 4.564, Trued up: 0.443
Tax expenses: Approved: 0, Revised: 32.485, Trued up: 0.123
Total expenditure: Approved: 550.048, Revised: 686.478, Trued up: 619.756
Revenue from sale of power: Approved: 611.708, Revised: 693.545, Trued up: 691.179
Non-tariff income: Approved: 33.451, Revised: 21.810, Trued up: 37.139
Total income: Approved: 645.159, Revised: 715.355, Trued up: 728.318
Net surplus/(deficit): Approved: 95.111, Revised: 28.877, Trued up: 108.562
Source: KSERC
Petition No. IA No 01/24 & OP 7/2024 | Click here to read the full order.
KSERC passes suo motu order on tariff classification for Petronet LNG Limited
The Kerala State Electricity Regulatory Commission (KSERC) has passed a suo motu order regarding the classification of the appropriate tariff for Petronet LNG Limited, following the judgment by the Hon’ble High Court on October 23, 2024, in WP (C) No. 39868 of 2023.
After a detailed examination, the commission has directed that the LNG terminal of Petronet at Kochi be classified under a separate tariff category, HT-1(C), effective from December 5, 2024. The tariff details are as follows:
From December 5, 2024 to March 31, 2025:
- Demand charge: Rs 450 per kVA of Billing Demand per Month
- Energy charge: Rs 6.7 per Unit
From April 1, 2025 to March 31, 2027:
- Demand charge: Rs 450 per kVA of Billing Demand per Month
- Energy charge: Rs 6.8 per Unit
Petition No. OP No 41/2024 | Click here to read the full order.
UPERC partly approves NCRTC’s petition for electricity supply terms on franchisee basis
The Uttar Pradesh Electricity Regulatory Commission (UPERC) has partly approved the petition filed by National Capital Region Transport Corporation Limited (NCRTC) regarding the terms of electricity supply inside NCRTC stations/premises on a franchisee basis from Paschimanchal Vidyut Vitran Nigam Limited (PVVNL).
In a previous order dated November 14, 2024, the commission highlighted that the decision regarding the franchisee system lies with the licensee. The commission had noted that NCRTC should have approached PVVNL directly with its proposal and should have come to the commission only if consensus was not reached. As a result, the commission directed NCRTC to meet with PVVNL’s Managing Director to resolve the outstanding issue.
As per PVVNL’s meeting minutes submitted on January 16, 2025, NCRTC’s proposal to act as a franchisee was accepted with modifications to ensure compliance with power factor norms and restrictions on commercial load share.
Regarding NCRTC’s request for a 5 percent revenue retention, the commission pointed out that it had removed this additional charge for the single-point category (LMV-1b) in its tariff order for FY 2022-23. Consequently, the commission concluded that NCRTC’s request for the 5 percent revenue retention was unjustified and therefore denied.
The commission also criticized PVVNL’s reluctance to provide higher commercial load, stating that placing limits on commercial load was not in line with the spirit of the Supply Code and could not be allowed. However, the power factor surcharge, where applicable, will be charged as per the relevant tariff order.
The commission further directed that the methodology for differential billing, as outlined in its orders of April 1, 2022, and June 24, 2022, in petition no. 1698 of 2021, shall be applicable.
Petition No. 2095 of 2024 | Click here to read the full order.
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