Petition for Adoption of Transmission Charges with respect to the Transmission System being established by the SR and ER Power Transmission Ltd – EQ
Summary:
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### Key Business Points
**1. Nature of Petitions:**
– **Petition No. 120/AT/2026:** Filed under **Section 63 of the Electricity Act, 2003**. Seeks adoption of transmission charges discovered through a **Tariff Based Competitive Bidding (TBCB)** process. This allows the Commission to adopt the tariff discovered via competitive bidding without further scrutiny, ensuring cost efficiency.
– **Petition No. 121/TL/2026:** Filed under **Sections 14 & 15** of the Electricity Act, 2003, read with CERC Transmission License Regulations, 2024. Seeks a **transmission license** to establish, operate, and maintain the Project.
**2. Project & Entity Details:**
– **Project:** Inter-Regional Strengthening between SR Grid and ER Grid.
– **Petitioner:** SR and ER Power Transmission Limited (SRERPIL) – a 100% wholly owned subsidiary of Power Grid Corporation of India Limited (PGCIL), the central public sector enterprise dominating India’s transmission sector.
– **Respondents:** Central Transmission Utility of India Limited (CTUIL) and others.
**3. Current Status & Compliance:**
– The Petitioner informed the Commission that all requirements under the Transmission Licence Regulations, 2020 (superseded by 2024 regulations for the license petition) have been complied with.
**4. CERC Directives (Immediate Orders):**
– **Admission & Notice:** The petitions were formally admitted. Notices were ordered to be issued to all Respondents.
– **Reply & Rejoinder Schedule:** Respondents must file their replies within **two weeks**. The Petitioner may file rejoinders within **one week thereafter**.
– **Critical Direction to PFCCL (PGCIL Financial Consultancy & Contracts Ltd.):** The Commission directed PFCCL to submit a detailed **Bid Evaluation Report in a sealed cover**. The report must include:
– Bidder details at RFQ (Request for Qualification) and RFP (Request for Proposal) stages.
– Quoted tariffs from bidders.
– Evaluation by the Bid Evaluation Committee (BEC) and minutes of meetings.
– **Comparative analysis of levelised tariff** based on:
– Applicable CERC Tariff Regulations.
– Benchmarking capital cost assessed by CEA (Central Electricity Authority) / CTUIL, with detailed calculations.
– Recommendations of the Cost Committee, including cost estimates, underlying assumptions, and justification.
**5. Presiding Coram:**
– Chairperson: Shri Jishnu Barua
– Members: Shri Ramesh Babu V., Shri Harish Dudani, Shri Ravinder Singh Dhillon
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