India : Central Electricity Regulatory Commission to Fix Provisional Tariff Hike

The power regulator Central Electricity Regulatory Commission (CERC) will draw out a mechanism to determine the provisional increase in electricity tariffs from power plants that install emission control equipment, in some relief to power companies and lenders. However, lenders and power companies have said that most projects have not placed orders for the equipment and hence it was not possible for them to complete retrofitting this equipment by 2022. In order to ensure uninterrupted power supply in the country, a phased implementation plan for installation of FGD in plants for a capacity of 1,61,402 MW and up-gradation of 64,425 MW plants by 2022 was prepared by the Central Electricity Authority in consultation with stakeholders.

The Central Pollution Control Board (CPCB) has said that projects which fail to comply with the new emission norms by the specified deadlines would be considered non-complying and be liable for penal action, including the closure of the plant and imposition of environmental compensation.

Source : https://www.constructionweekonline.in/business/13221-central-electricity-regulatory-commission-to-fix-provisional-tariff-hike

Smart Grid Bulletin April 2020


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