Petition for Truing up and determination of transmission tariff for “Integration of Pooling Stations with Central Part of the Western Region for IPP Generation Projects in Chhattisgarh” – EQ
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Sumamry:
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**1. Regulatory Authority**
Central Electricity Regulatory Commission (CERC), New Delhi.
**2. Overview of Petitions**
A **combined proceeding** covering **11 separate tariff petitions** filed by **Power Grid Corporation of India Limited (PGCIL)** for truing up of transmission tariffs for the period **2019–24** and determination of tariffs for **2024–29**.
**3. Common Objective Across All Petitions**
– **Truing Up:** Adjust past tariffs (2019–24) based on actual capital expenditure, operational expenses, and other cost variations.
– **Tariff Determination:** Set new transmission tariffs for the next control period (2024–29) for specified transmission assets/schemes.
**5. Commission’s Directions & Information Requirements**
CERC directed PGCIL to submit detailed financial and technical data in prescribed formats for each petition, including:
– **Form 9C:** Capital cost, financing, and tariff calculation sheets with Excel linkages.
– **Form 7B:** Asset-wise tariff computation.
– **Form 5 & 13:** Asset details, capital expenditure, and initial spares.
– **Liability Flow Statements:** Debt and interest details.
– **IDC (Interest During Construction) Discharge Statements.**
– **Auditor Certificates:** For plant & machinery cost, initial spares.
– **Accumulated Depreciation Details:** For PLCC, IT equipment, etc.
– **ACE (Additional Capital Expenditure) Reconciliation:** Item-wise and party-wise comparison with previous orders.
**6. Key Regulatory & Business Implications**
– **Tariff Stability:** The process ensures predictable and cost-reflective transmission pricing for the next 5 years.
– **Cost Recovery:** PGCIL seeks to recover past under/over-recoveries and secure revenue for future operations.
– **Transparency:** Extensive data submission ensures regulatory scrutiny and stakeholder confidence.
– **Multi-Regional Impact:** Tariffs affect multiple state DISCOMs and power utilities across India.
– **Renewable Integration:** Some schemes (e.g., Pavagada Solar Park) support renewable energy evacuation.
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