CERC
SC dismisses Karnataka discoms' plea over Adani Power invoices
A bench led by Justice PS Narasimha refused to interfere with the Appellate Tribunal for Electricity's (Aptel) order that also refused to stay the invoices and upheld the Central Electricity Regulatory Commission's (CERC) direction to the discoms to pay the entire amount claimed by Adani Power in 45 days. The top court asked the appellate tribunal to pronounce its final order in the matter within three months.
SC rejects IEX plea against CERC market coupling order
The Supreme Court dismissed the Indian Energy Exchange's appeal against the CERC's market coupling order. Justices refused to interfere with the Appellate Tribunal for Electricity's previous ruling on the matter. The court kept legal questions open for future consideration as norms are still in draft. CERC plans to introduce power market norms, including market coupling, within six weeks.
CERC refuses to intervene in transfer of Azure’s 2333 MW to Adani Green Energy Limited
The Central Electricity Regulatory Commission (CERC) has declined to intervene in the transfer of Azure Power India's 2333 MW capacity to Adani Green Energy Limited (AGEL) for the Andhra Pradesh solar power project. CERC says it lacks jurisdiction as SECI asked it to "take note" and there is nothing in the Act which gives this power.
CERC to compensate imported coal-based power producers for higher running cost
The order was related to Tata Power Co Ltd approaching the CERC against the tariff fixed by the power ministry after a forced directive last year to keep operating to avert a power crisis. The CERC order also said that the tariff fixed by the power ministry was for an interim period.
CERC chief Pradeep Kumar Pujari may get extension
A senior government official said that as a special case, the Centre is likely to allow Pujari to continue as the CERC chief till he turns 65. He is currently 63 years old. Pujari, a former power secretary, was appointed to head the CERC for three years till January 31.
SC extends forced leave of CERC members for 4 more weeks
CERC has not held hearings since August 28 this year after the Supreme Court asked two members of CERC to go on leave till the time a member-law is appointed. This has left the regulator with just chairperson PK Pujari while the quorum for hearings is two members, besides the chair.
CERC issues statutory advise to power ministry against framing of 3 rules; cites jurisdictional overlap
ET had Oct 14 reported that CERC has advised the government against introducing rules to lower late payment surcharge on distribution companies, saying they are non-tenable under law and may lead to infringement of its jurisdiction, said people aware of the matter.
Solicitor General to examine contempt of SC directions in CERC member appointment
The Supreme Court, which is hearing a contempt petition against non-appointment of member law in CERC, expressed dissatisfaction with the submissions made by the Union power ministry.
Piyush Goyal lauds CERC's role in power sector; stresses on need to keep power affordable
Lauding CERC's role in the rise of power sector, Union Minister Piyush Goyal today stressed the need for keeping electricity affordable.
Punjab State Power Corporation petitions APTEL about CERC's compensatory tariff order
Punjab State Power Corp has petitioned APTEL challenging CERC's order about compensatory tariff to two Mundra projects of Tata Power and Adani Power.
A clarification on why CERC’s compensation to Tata, Adani for high coal prices sets dangerous precedents
This is with reference to inaccuracies in “Why CERC’s compensation to Tata, Adani for high coal prices sets dangerous precedents and dents competition’” published in ET Magazine, dated March 2, 2014.
CERC order to help us sustain operations, revive investor confidence: Vneet Jaain, Adani Power
"CERC has proposed sharing of burden of hardship and accordingly, compensatory tariff will be curtailed by sharing of profit accrued from Indonesian mines."
CERC draft regulations a win-win situation: Arup Roy Choudhury, NTPC
"The CERC draft regulations, is absolutely a win-win situation and we were pretty surprised when our shares tanked."
CERC to start work soon on framing new power tariff norms
CERC will soon start studying various sectoral aspects, including current trends and challenges, to decide on power tariff norms for the 2014-19 period.
CERC to take up Reliance Power's tariff revision plea by July-end
CERC will hear the petition filed by Reliance Power for revision of tariff from its Krishnapatnam project in Andhra Pradesh by July end.
Government seeks applications for CERC chief post
"The post of chairperson, CERC will fall vacant on June 9, 2013. It is proposed to fill up the anticipated vacancy," the Power Ministry said.
Fuel risks should not be fully passed on to consumers: CERC
Amid acute coal shortages hurting power generation, CERC has said fuel risk should not be "entirely" passed on to consumers.
CCI, CERC differ over anti-competition norms in power sector
Differences have cropped up b/w the CERC and the Competition Commission over keeping a tab on anti-competitive practices in the domestic power sector.
CERC to appoint consultant to assess regulatory impact
The Central Electricity Regulatory Commission (CERC) plans to engage a consultant to assess the overall impact of its tariff regulations on the power sector.
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