Petition for Truing up and determination of the transmission tariff for Assets under “220 kV Srinagar-Leh Transmission System (SLTS)” in the Northern Region – EQ
Summary:
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**1. Case Overview**
– **Petitioner:** Power Grid Corporation of India Limited (PGCIL)
– **Matters Heard:** Two separate petitions concerning transmission tariff determination for different regional systems.
– **Petition No. 744/TT/2025:** Regarding assets under the “220 kV Srinagar-Leh Transmission System (SLTS)” in the Northern Region.
– **Petition No. 529/TT/2025:** Regarding the “Chukha Transmission System” in the Eastern Region.
– **Purpose of Petitions:** PGCIL has filed these petitions for two purposes:
1. **Truing up** of the transmission tariff for the 2019-24 period (i.e., adjusting the tariff based on actual expenses versus projections).
2. **Determination** of the new transmission tariff for the upcoming 2024-29 period.
– **Respondents:** Various State Power Corporations (e.g., Uttar Pradesh Power Corporation Ltd., Bihar State Power Holding Company Ltd.) and other beneficiaries of the transmission systems.
– **Hearing Date:** February 27, 2026 (Virtual Hearing)
– **Next Hearing Date:** April 16, 2026, at 2:30 PM
**2. Key Submissions and Developments**
– **Petitioner’s Representation:**
– PGCIL confirmed that both petitions are for tariff truing-up (2019-24) and determination (2024-29).
– The Commission’s requested information has been filed for both petitions.
– Notably, **no respondents have filed any replies or objections** in either matter.
– In Petition No. 529/TT/2025 (Chukha System), PGCIL has filed an amended petition due to **reconductoring works** (including associated bay modifications). They requested additional time to file more information regarding these latest developments in the reconductoring process.
– **Respondents’ Position:**
– No representatives from any respondent power corporations were present or had filed replies.
**3. Directives Issued by the Commission**
The CERC issued the following directions to ensure completeness of the record before the next hearing:
– **To the Respondents (All):** File their respective replies, if any, within **two weeks**, with an advance copy to PGCIL.
– **To PGCIL (Specific Information on Affidavit):**
– **For Petition No. 529/TT/2025 (Chukha System):** Provide details of the **Additional Capital Expenditure (ACE)** claimed on account of Infrastructure Development.
– **For Petition No. 744/TT/2025 (Srinagar-Leh System):**
1. Specify the **Regulations** under which the ACE has been claimed for respective tariff periods, along with detailed justifications.
2. Submit a **Liability Flow Statement in Excel format**, reconciling it with the ACE claimed in the petition.
– PGCIL must submit this information within **two weeks**, with a copy to the respondents.
**4. Business Implications for Stakeholders**
– **For PGCIL:** The Commission is seeking more granular justification for capital expenditures (ACE), particularly for infrastructure and reconductoring works. The requirement for a “Liability Flow Statement in Excel” indicates a push for greater financial transparency and data traceability. PGCIL must provide robust, regulation-backed justifications to ensure its proposed tariff for 2024-29 is approved.
– **For Respondent Utilities (e.g., UPPCL, BSPHCL):** As beneficiaries who will pay the transmission tariff, their silence is notable. The Commission has given them a final two-week window to file replies. Failure to do so may imply acceptance of PGCIL’s proposals. They must review the new information submitted by PGCIL to protect their consumers’ interests regarding the final tariff.
– **General Observation:** The proceeding highlights the regulatory process for setting inter-state transmission charges. The focus on ACE details and liability flow statements underscores the CERC’s role in scrutinizing utility expenditures to ensure they are prudent and pass the “prudence check” before being passed on to consumers.
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