Page 2 - Cerc

Industry cheers, states clamour over Electricity Bill amendments

While this has irked electricity regulators in a few states, the industry is cheering the paradigm shift since it will push reforms and private investment in the power distribution sector

A softer approach on commodities this time even as shortages loom globally

Unlike in the past, the Centre isn't restricting movement within the economy, but has only imposed export curbs. Consequently, there is no rush to use the Essential Commodities Act

Regulator asks power exchanges to cap bid prices as demand surges

The prices discovered at the power exchanges have remained significantly high during the last few days.

Resolution of Sebi-CERC dispute to open gate for power market reforms: Govt

On October 6, SC settled the long-pending matter between SEBI and CERC regarding regulatory jurisdiction of Electricity Derivatives

CERC allows BSES discoms to exit PPAs with NTPC Dadri power plant

Under the RPO, the discoms are required to purchase a certain proportion of electricity from renewable sources as mandated by the power regulators.

SC allows CERC to open and clear pending cases, restricts some functions

The country's apex electricity regulator was under suspension since August 2020 when the power ministry failed to appoint a mandatory member (Law) in CERC's quorum

CERC plans to embrace AI, machine learning to improve functioning

First quasi-judicial body to strengthen its digital back-end

Power sector regulator to embrace AI, machine learning to boost functioning

The CERC will be the first such quasi-judicial regulatory body to embrace AI and machine learning (ML)

CERC to remain shut for one more month as Centre hunts for legal member

ACME Solar intervenes for release of reserved orders at CERC

Power regulator wants govt not to infringe regulatory jurisdiction

Power regulator CERC has advised Union Ministry of Power against jurisdictional overreach in framing regulations for the power sector that infringes the substantive functions of the Central Commission

Supreme Court orders CERC to remain under suspension for one more month

The apex court said the earlier judgment of August 28, 2020, would continue to remain in force till October 26 or till the time a member (law) is appointed

PGCIL didn't recover Rs 6,853 cr relinquishment charges from customers: CAG

The CAG observed that total 26,836 MW of LTA were surrendered by the customers from September 2010 to March 2018

The Sebi-CERC turf war over control of trading in energy as a commodity

The stakes are indeed steep because international traders in this market are often massive entities who could swamp a regulator with little experience

A first in India as IEX gets the go-ahead for green energy trading

Exchange will offer trade in four types of 'green term-ahead' contracts; it already has a platform for trading of Renewable Energy Certificates

Covid-19 crisis: ACME cancels pact to supply power at record low tariff

Files petition with CERC to prevent SECI and Power Grid Corp from encashing bank guarantee and letter of comfort submitted for project

Covid-19: CERC pares late payment surcharge by 0.5% on power discoms

Power ministry last week asked CERC to provide relief to discoms as they are unable to collect payments from consumers because of the 21-day lockdown

Govt to introduce real-time power market from April 1, says CERC chairman

The main purpose of introducing real-time power market is to deal with the renewables interference and better portfolio management by discoms, gencos and other consumers.

CERC's tariff regulations: In tandem with electricity sector's trends

The CERC announced the regulations for the 2019-2014 this week

NTPC, Power Grid Corporation get relief from tariff, returns overhang

CERC draft keeps regulated returns for power utilities unchanged, maintains tariff structure

CERC may allow amendments to PPAs of power firms by Dec-end in Gujarat

With the Supreme Court asking the CERC to look into power purchase agreements signed by various states with private firms, floodgates for tariff revisions may open up