The Central Electricity Regulatory Commission (CERC) on June 22, 2020 has issued an advisory for the development of transmission capacity in an efficient and economical manner under Tariff Based competitive bidding (TBCB) route. Thus, the commission has investigated the issue closely and have made certain modifications in the same.
Following modifications have been issued:
• In terms of proposed transmission lines, the existing substations bids shall be terminated, and the end coordinates shall be fixed upfront.
• Considering new substations if the end coordinates are not fixed upfront, bidding shall be carried out in the packages.
• In cases of certain projects, it was observed that the transmission line was bid under the TBCB route. Thus, there shall be a Transmission Agreement signed between the parties.
• In case there is a delay up till 60 days, the liquidated charges for the monthly delay shall be applicable up to 3.33 percent.
• In certain cases, the foreclosure is applicable, the bidding documents shall be submitted for the foreclosure.
[Advisory No. ENGG-21/1/2019-CERC]
