In the matter of determination of project specific tariff for Solar PV power plant at Rajnandgaon, Chhattisgarh (SECI) – EQ
Summary:
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**1. Case Overview**
This document is a Record of Proceedings (RoP) from the Central Electricity Regulatory Commission (CERC) regarding a petition filed by the Solar Energy Corporation of India (SECI). SECI is seeking a review of the Commission’s previous order dated September 8, 2025, which determined the project-specific tariff for a Solar PV power plant located in Rajnandgaon, Chhattisgarh.
– **Petition Number:** 137/GT/2024 (Review Petition filed in 2025)
– **Subject:** Review of tariff order dated 8.9.2025.
– **Petitioner:** Solar Energy Corporation of India (SECI)
– **Respondent:** Chhattisgarh State Power Distribution Company Limited (CSPDCL)
– **Regulatory Forum:** Central Electricity Regulatory Commission (CERC)
**2. Core Business Issue**
At the heart of this proceeding is a dispute over the tariff (price) at which SECI will supply power to CSPDCL from the Rajnandgaon solar plant. SECI has asked the CERC to review its earlier decision on the tariff. This suggests that SECI believes the initially determined tariff is unfavorable or contains errors that need correction, directly impacting the revenue stream from this project.
**3. Key Parties & Their Commercial Interests**
| **Party** | **Role & Business Interest** |
| :— | :— |
| **SECI (Petitioner)** | **Seller/Developer.** SECI is the central government entity responsible for implementing renewable energy projects. Their interest is to secure a higher or more accurate tariff to ensure the project’s financial viability and recover their costs. |
| **CSPDCL (Respondent)** | **Buyer/Distribution Company (Discom).** CSPDCL is the state utility that will purchase the power. Their interest is to keep the tariff as low as possible to manage their power purchase costs and ultimately, consumer tariffs in Chhattisgarh. |
**4. Business Implications & Strategic Takeaways**
– **Financial Uncertainty for SECI:** Until the Commission issues a final order on this review, the tariff for the Rajnandgaon project remains unsettled. This creates uncertainty for SECI’s revenue projections and project financing.
– **Potential for Tariff Revision:** The outcome of this review could lead to an upward or downward revision of the tariff, or it could uphold the original order. This will directly impact the profitability of the project for SECI and the power purchase cost for CSPDCL.
– **Importance of Regulatory Follow-up:** For companies involved in the power sector (like SECI), actively participating in regulatory proceedings and filing timely responses (like the rejoinder due March 24) is critical to protecting their commercial interests.
– **Indicator of Future Disputes:** This case highlights the contentious nature of tariff determination for renewable projects, where developers (SECI) and buyers (Discoms) often have conflicting financial objectives.
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