The Central Electricity Regulatory Board (CERC) on January 06, 2023, issued a notification regarding Monthly Escalation Rates applicable for December 2022 for the purpose of payment for Procurement of Power by Distribution Licensees as per the Power Purchase Agreement entered into under the following guidelines namely: -
(i) Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees
(ii) Guidelines for long-term Procurement of Electricity from Thermal Power Stations set up on Design, Build, Finance, Own and Operate (DBFOO) basis and sourcing fuel as provided under Model Bidding Documents including allocation of coal under B (I), B(III) and B(IV) of SHAKTI (Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India) Policy
The following has been stated namely: -
• Escalation rate for imported coal - (-)9.99%
• Escalation rate for transportation of imported coal - (-)5.72%
• Escalation rate for inland handling of imported coal - (-)0.24%
[Notification No. Eco-M12/2022-CERC]
