Petition with CERC (Change in Law) of Transmission Service Agreement related to POWERGRID Neemuch Transmission System Ltd – EQ
Summary:
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### Key Business Points
**1. Nature of Petition:**
– **Legal Basis:** Filed under **Sections 63 and 79** of the Electricity Act, 2003, read with **Article 12 (Change in Law)** of the Transmission Service Agreement dated 24.08.2022.
– **Purpose:** To seek relief or tariff adjustment due to an event classified as “Change in Law,” which typically includes unexpected changes in Indian laws, taxes, duties, or regulatory provisions that impact the project’s financial viability or costs.
**2. Parties Involved:**
– **Petitioner:** POWERGRID Neemuch Transmission System Limited (PNTSL) – a project-specific special purpose vehicle (SPV) and subsidiary of PGCIL.
– **Respondents:** Includes Madhya Pradesh Power Management Company Ltd. (MPPMCL) and others, likely including other state distribution companies (Discoms) and the Central Transmission Utility (CTUIL).
**3. Status of Filings at the Time of Hearing (25 March 2026):**
– **CTUIL (Respondent):** Submitted that its counsel had been recently engaged and requested, and was granted, additional time to file a reply.
– **MPPMCL & CSPDCL (Respondents):** Had already filed their replies in the matter.
– **Petitioner (PNTSL):** Sought time to file rejoinders to the replies filed (or to be filed) by CSPDCL and CTUIL.
**4. CERC Directives:**
– The Commission granted **CTUIL four weeks** to file its reply.
– The Petitioner (PNTSL) was granted **three weeks thereafter** to file its rejoinder(s) to CTUIL’s reply.
– The petition was directed to be listed for the **next hearing on 23 June 2026**.
**5. Presiding Coram:**
– Chairperson: Shri Jishnu Barua
– Members: Shri Ramesh Babu V., Shri Harish Dudani, Shri Ravinder Singh Dhillon
**6. Parties Present (at hearing):**
– **Petitioner:** Represented by Advocates Shri Shubham Arya, Ms. Pallavi Saigal, Ms. Kaavya Madan.
– **Respondents:** Multiple advocates representing MPPMCL, MSEDCL (Maharashtra), CSPDCL (Chhattisgarh), and CTUIL, along with CTUIL officials Shri Ranjeet S. Rajput and Shri Akshayvat Kislay.
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