CERC proposes compensation charges for GNA timeline extensions
The Central Electricity Regulatory Commission (CERC) has issued a draft procedure to levy compensation charges on connectivity grantees seeking additional time to meet key project milestones under the General Network Access (GNA) Regulations, 2022. The proposal, introduced through Petition No. 5/SM/2026, aims to standardise the treatment of extension requests for submission of land documents, achieving financial closure (FC), and achieving commercial operation date (CoD). CERC has exercised its powers under Regulations 41 and 42 of…