CERC sets phased X-factor reduction for RE deviation, keeps FY27 unchanged
The Central Electricity Regulatory Commission (CERC) has finalised a phased reduction trajectory for the “X” parameter used to compute deviation percentages for wind and solar generators, introducing differentiated timelines for the two technologies while retaining the existing methodology for FY 2026–27. The order, dated March 31, 2026, resolves a key issue left open under the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2024, how to transition the deviation formula denominator from available capacity to…