The Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (Second Amendment) Regulations, 2021

Sep 16, 2021 | by TeamLease RegTech Legal Research Team

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Industry Specific Compliance

The Central Electricity Regulatory Commission on February 19, 2021 has issued the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (Second Amendment) Regulations, 2021 to further amend the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2019. The Regulation will be applicable for the five-year tariff period from April 1, 2019 to March 31, 2024 except amendment in Regulation 6 and Regulation 59 of the Principal Regulations. 

The amendment in the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2019 are as follows: -

• In Regulation 2(2) (1a) which specifies These regulations shall apply in all cases where a generating company has the arrangement for supply of coal or lignite from the integrated mine(s) allocated to it, for one or more of its specified end use generating stations, whose tariff is required to be determined by the Commission under section 62 of the Act read with section 79 thereof, has been inserted. 

• In Regulation 3 (4a) which specifies “’Annual Target Quantity’ or ‘ATQ”, has been inserted. 

• In Regulation 4(4) (a) which specifies “tonne”, has been inserted. 

• In Regulation 7A which specifies “Supply of Coal or Lignite prior to the Date of Commercial Operation of Integrated Mine”, has been inserted. 

• In Regulation 9 (4) which specifies “   “, the following proviso has been made: -

“Provided that a generating company with integrated mine(s) shall file a petition for determination of input price of coal or lignite from the integrated mine(s) not later than 60 days from the date of commercial operation of the integrated mine(s) or from the date of notification of these regulations, whichever is later and may also seek determination or revision of tariff of the concerned generating station(s) in accordance with these regulations.”

• In Chapter 9 which specifies “Determination”, Regulation 36A to 36P has been inserted. 

• In Regulation 59(2) which specifies “Unless otherwise agreed by the parties, the charges payable by a beneficiary or long term customer shall be first adjusted towards late payment surcharge on the outstanding charges and thereafter, towards monthly charges billed by the generating company or the transmission licensee, as the case may be, starting from the longest overdue bill”, has been inserted.

[Notification No- -1/236/2018/CERC] [Gazette ID- 229628]

 


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