Petition for Adoption of Tariff for Supply of 6000 MWh Assured Peak Power from ISTS-connected RE Power Projects with ESS anywhere in India – EQ
Summary:
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**Project Overview:**
– **Project:** Supply of 6,000 MWh of assured peak power (equivalent to 1500 MW for 4 hours).
– **Type:** ISTS-connected Renewable Energy (RE) power projects with Energy Storage Systems (ESS).
– **Location:** Anywhere in India.
– **Tariff Discovery:** Tariff was determined through a transparent Competitive Bidding Process, and the petitioner seeks the Commission’s formal adoption of this tariff as per Section 63.
**Key Parties:**
– **Petitioner:** SJVN Limited (SJVNL), the entity that conducted the bidding and is seeking tariff adoption.
– **Respondents:** Reliance NU Energies Private Limited & Ors. (likely the successful bidders/developers).
**Status Update from Petitioner (SJVNL):**
– **Compliance:** SJVN has filed an affidavit dated March 10, 2026, complying with previous CERC directions.
– **Power Supply Agreements (PSAs) Executed:** SJVN has successfully tied up **1,150 MW** out of the total 1,500 MW awarded capacity with the following entities:
– **Bihar Discoms:** 450 MW
– **TNP DCL (Tamil Nadu Power Distribution Company Limited):** 700 MW
– **Untied Capacity:** The remaining **350 MW** has not yet been tied up to any specific buying entity. SJVN has committed to informing the Commission once additional PSAs are executed.
**CERC’s Directives:**
The Commission has reserved its order on the petition but has requested additional information from SJVN, to be submitted via affidavit within two weeks. The requested information includes:
1. **Explanation for Delay:** Reasons for the delay in approaching the Commission for tariff adoption, as per Clause 11.4 of the Guidelines dated June 9, 2023.
2. **Allocation Status:** An updated status report on the allocation process for the remaining 350 MW of untied capacity.
**Key Business Takeaways:**
– **Regulatory Approval Pending:** The tariff for this large-scale renewable project is pending formal adoption by CERC. This approval is a critical milestone for financial closure and project viability.
– **Major Capacity Secured:** A significant portion (77%) of the power has already been allocated to state utilities (Bihar and Tamil Nadu), demonstrating strong buyer interest and de-risking a large part of the project.
– **Regulatory Scrutiny:** CERC is closely examining the timeline and process compliance, which is standard for tariff adoption petitions. The delay in filing and the status of the untied 350 MW are the key points of focus before final approval.
– **Next Steps:** The final order from CERC is pending. The outcome will formalize the tariff and allow the project development to proceed with greater regulatory certainty.
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