CERC

Regulatory Updates

CERC adopts ISTS transmission charges for three renewable evacuation projects
By January 4, 2026January 4, 2026

The Central Electricity Regulatory Commission (CERC) has approved levelized annual transmission charges for three Inter-State Transmission System (ISTS) projects supporting renewable evacuation and grid strengthening after confirming transparent Tariff Based Competitive Bidding (TBCB) processes. In Petition No. 861/AT/2025, Rajgarh Neemuk Power Transmission Limited vs. Central Transmission Utility of India Ltd. & Others, the Commission adopted levelized annual transmission charges of Rs 3,670.73 million. The charge was quoted by the successful bidder, G R Infraprojects Limited,…

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Regulatory Updates

CERC approves tariff for NHPC’s 2,400 MW solar project
By January 4, 2026January 4, 2026

The Central Electricity Regulatory Commission (CERC) has approved tariff adoption for Inter-State Transmission System (ISTS) connected solar projects while highlighting the absence of a defined policy framework for the Greenshoe Option and restricting enhanced capacity allocation to a single developer. In NHPC Limited vs. Onward Solar Power Private Limited and others, CERC reviewed tariff adoption for 2,400 MW of ISTS-connected solar photovoltaic projects. NHPC sought approval for 1,200 MW of awarded capacity and an additional…

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Regulatory Updates

CERC issues December orders on Inter-State transmission licences
By December 29, 2025December 29, 2025

In a series of orders issued in December 2025, the Central Electricity Regulatory Commission (CERC) adjudicated on multiple applications for Inter-State transmission licences, moving several projects forward for public consultation while rejecting one and imposing significant conditions on others. The Commission granted a final transmission licence under the Regulated Tariff Mechanism mode to POWERGRID Barmer I Transmission Limited (PBITL) in its order dated 18 December 2025 (Petition No. 789/TL/2025). The licence covers the project Implementation…

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CERC clarifies treatment of GST changes on coal as Change in Law
By December 29, 2025December 29, 2025

The Central Electricity Regulatory Commission (CERC), in a suo motu proceeding in Petition No. 10/SM/2025, has issued directions on how generating companies should handle the financial impact of the abolition of the Goods and Services Tax (GST) Compensation Cess and the increase in the GST rate on coal. The Commission held that both developments qualify as separate Change in Law events under Power Purchase Agreements (PPAs) governed by Section 63 of the Electricity Act, 2003,…

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CERC finalises 2019–24 truing-up and sets transmission tariffs for 2024–29
By December 29, 2025December 29, 2025

The Central Electricity Regulatory Commission (CERC) concluded December 2025 with a flurry of orders, finalising the truing-up of transmission tariffs for the 2019-24 period and determining fresh tariffs for the 2024-29 block for a wide array of assets across India. These orders, primarily on petitions filed by the Power Grid Corporation of India Limited (PGCIL), addressed normative costs, condoned delays, implemented Appellate Tribunal for Electricity (APTEL) directives, and set precedents for sharing mechanisms. Northern Region…

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Regulatory Updates

Miscellaneous CERC orders in December 2025
By December 29, 2025January 4, 2026

Rajasthan IV 4B Power Transmission Ltd financing approval RIV4BPTL sought CERC approval to create a security interest on its transmission assets to secure Rs 4,612.70 crore project financing. This included mortgage, hypothecation, and similar encumbrances in favour of IDBI Trusteeship on behalf of lenders. CERC agreed, noting that such security creation is standard for capital-intensive transmission projects. However, it imposed one key protection. The transmission licence cannot be assigned to lenders or a security trustee without…

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Regulatory Updates

CERC adopts tariff for 300 MW ISTS-connected wind power under Tranche XVIII
By December 29, 2025December 29, 2025

The Central Electricity Regulatory Commission (CERC) has adopted the tariff discovered through a competitive bidding process for 300 MW of ISTS-connected wind power projects under Tranche XVIII. The order was issued on 18 December 2025 in Petition No. 758/AT/2025. Solar Energy Corporation of India Limited (SECI) had approached the Commission seeking adoption of tariff discovered through bidding conducted under the Ministry of Power’s Wind Guidelines dated 26 July 2023. SECI had issued a Request for…

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CERC issues show cause notices to 129 inter-State TSPs
By December 29, 2025December 29, 2025

The Central Electricity Regulatory Commission (CERC), in a suo motu proceeding, has issued a show cause notice to 129 Inter-State Transmission Service Providers for failing to comply with mandatory performance reporting requirements under the CERC (Standards of Performance of Inter-State Transmission licensees) Regulations, 2012. The Commission, comprising Chairperson Jishnu Barua and Members Ramesh Babu V., Harish Dudani, and Ravinder Singh Dhillon, recorded systemic non-compliance and directed entities to explain why action under Section 142 of…

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Regulatory Updates

CERC issues framework for virtual power purchase agreements
By December 24, 2025December 24, 2025

The Central Electricity Regulatory Commission (CERC) issued the Guidelines for Virtual Power Purchase Agreements (VPPAs) on 24 December 2025. The framework sets out how VPPAs can be used by designated consumers to meet Renewable Consumption Obligation (RCO) targets. The guidelines are anchored in India’s broader transition towards non-fossil fuel capacity, with a national target of 500 GW by 2030. To support this goal, the Central Government specified minimum non-fossil energy consumption shares for Designated Consumers…

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Regulatory Updates

CERC panel issues standard notice on SCOD extension requirements
By December 12, 2025December 12, 2025

A committee formed by the Central Electricity Regulatory Commission (CERC) has released a standardised notice that lists the full set of information renewable energy developers must provide when seeking an extension of their Scheduled Commercial Operation Date. The notice is intended to ensure consistency in applications filed under Regulation 13(2)(h) of the CERC Sharing of ISTS Charges and Losses Regulations 2020. The notice sets out five categories of documents that Renewable Energy Generating Stations must…

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