In the matter with the CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to Raghanesda RE Transmission Limited – EQ
Summary:
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### **1. Petitioner and Purpose**
* **Petitioner:** *Raghanesda RE Transmission Limited (RRTL)*
* A 100% wholly-owned subsidiary of **Dineshchandra R. Agrawal Infracon Pvt. Ltd.**
* Registered Office: New Delhi.
* **Application Under:** Sections **14 & 15** of the *Electricity Act, 2003*, read with *CERC (Transmission Licence) Regulations, 2024*.
* **Objective:** Grant of **inter-State Transmission Licence** to establish the project —
> **“Transmission system for evacuation of Renewable Energy (RE) power from Raghanesda Area of Gujarat – 3 GW under Phase-I”**
> on a **Build, Own, Operate, and Transfer (BOOT)** basis.
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### **2. Transmission System – Project Scope**
| **Sl. No.** | **Transmission Element** | **Scheduled COD** | **Quoted Transmission Charge %** |
| ———– | ——————————————————————————————————————————————————————————————————————————————– | —————————– | ——————————– |
| 1 | Establishment of **765/400 kV Raghanesda GIS Substation** with 4×1500 MVA ICTs, 2×330 MVAr (765 kV) Bus Reactors, 2×125 MVAr (420 kV) Bus Reactors, and associated bays. Includes provision for future ICTs, bus reactors, and HVDC station. | 27 months from effective date | 52.69% |
| 2 | **Raghanesda (GIS) – Banaskantha (PG) 765 kV D/C Line** | — | 36.50% |
| 3 | **2×765 kV Line Bays** at Banaskantha (PG) Substation | — | 2.80% |
| 4 | Creation of **220 kV Switchyard (Bus Section-I)** at Raghanesda PS (GIS) with 2×500 MVA, 400/220 kV ICTs | 30.09.2027* | 7.28% |
| 5 | **1×220 kV Line Bay (GIS)** for interconnection of *Azure Power Sixty-Three Pvt. Ltd. (300 MW)* | 30.09.2027* | 0.36% |
| 6 | **1×220 kV Line Bay (GIS)** for interconnection of *Sunsure Solarpark RJ One Pvt. Ltd. (350 MW)* | 31.03.2028 | 0.37% |
* Minimum schedule of **27 months from the effective date**.
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### **3. Key Technical Highlights**
* **GIS Substation:** 4×1500 MVA (13×500 MVA single-phase units with one spare).
* **Bus Reactors:** 2×330 MVAr (765 kV) & 2×125 MVAr (420 kV).
* **Future Expansion:**
* Provision for additional ICTs, HVDC ±800 kV (6000 MW) terminal station, multiple 400 kV & 220 kV bays.
* **Interconnections:** Azure Power (300 MW) and Sunsure Solarpark (350 MW).
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### **4. Bidding and Tariff Details**
* **Bid Process Coordinator (BPC):** *PFC Consulting Limited (PFCCL)*
* **Bidding Mode:** *Tariff-Based Competitive Bidding (TBCB)* under Section 63 of the Electricity Act, 2003.
* **Successful Bidder:** *Dineshchandra R. Agrawal Infracon Pvt. Ltd.*
* **Annual Transmission Charges (ATC):** ₹**2328.71 million/year**.
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### **5. Regulatory Process**
* **Prima Facie Order:** 30 September 2025 – CERC proposed licence grant.
* **Public Notice:** Published on 8 October 2025 in *Indian Express* (English) and *Amar Ujala* (Hindi).
* **Objections Received:** *None*.
* **Hearing Date:** 16 October 2025.
* **Final Order:** 24 October 2025 – Licence granted.
* **CTUIL Recommendation:** Issued on 8 August 2025 – supported grant of licence.
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### **6. CERC Decision**
* CERC confirmed that the Petitioner met all requirements under the *Electricity Act, 2003* and *CERC Transmission Licence Regulations, 2024*.
* **Transmission Licence granted** to **Raghanesda RE Transmission Limited** for implementation of the project under **BOOT** model.
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### **7. Key Licence Conditions**
1. **Validity:** 25 years from the date of issue (unless revoked earlier).
2. **Compliance:** Must adhere to *CERC Transmission Licence Regulations, 2024*, and all relevant grid and performance standards.
3. **Licence Renewal:** Application required **2 years before expiry**.
4. **No Trading Activity:** Licensee cannot engage in power trading.
5. **Licence Fee:** Payable per *CERC (Payment of Fees) Regulations, 2012*.
6. **Operational Compliance:**
* Must follow **NLDC** and **RLDC** directions.
* Must provide **non-discriminatory open access**.
* Must comply with *CERC Grid Code 2023*, *Open Access 2008*, and *GNA 2023* regulations.
7. **Performance:** Bound by *CERC (Standard of Performance of ISTS Licensees) Regulations, 2012*.
8. **Other Business:** Permitted only with prior intimation to CERC.
9. **Project Execution:** EPC contracts must be awarded through **competitive bidding**.
10. **Monitoring:**
* **CTUIL** and **CEA** to monitor progress and report lapses to CERC.
* Must comply with clauses **2.5.7.3–2.5.7.5** of RfP.
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### **8. Directions & Outcome**
* CERC directed that copies of the order be shared with **CTUIL**, **CEA**, and **PFCCL** for information and action.
* The project is to be executed within the stipulated **Scheduled Commercial Operation Date (SCOD)**.
* **Petition No. 725/TL/2025 — Allowed.**
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