Petition of the CERC (Conduct of Business) and (Terms and Conditions of Tariff) Regulations for the Combined Assets under “POWERGRID works associated with System Strengthening for IPPs in Chhattisgarh and other generation projects in Western Region” – EQ
Summary:
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**1. Overview & Context**
* **Document Type:** CERC Order/Proceeding from a hearing held on **13 January 2026**.
* **Core Subject:** Admission and initial hearing of three (3) separate tariff petitions filed by the **Power Grid Corporation of India Limited (PGCIL)**.
* **Regulatory Framework:** Petitions filed under the **Electricity Act, 2003** and the **CERC’s Tariff Regulations (2019 & 2024)** for truing up of past tariffs and determination of future tariffs.
* **Next Hearing Date:** **19 March 2026** at 2:30 PM.
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**2. Key Proceedings & Directives from the Hearing**
1. **PGCIL’s Request:** PGCIL’s representative sought **one week’s time** to file rejoinders (rebuttals) to the replies submitted by MPPMCL in Petition Nos. **494/TT/2025** and **599/TT/2025**.
2. **WBSETCL’s Request (Petition 565):** Counsel for **WBSETCL** (Respondent No. 7) requested time to file a reply to an **amended petition**.
3. **Commission’s Directives:**
* **To All Respondents:** File respective replies (if not already filed) **within one week**, with an advance copy to PGCIL.
* **To PGCIL (Petitioner):** File rejoinders to the replies **within one week** after receiving them.
* **Critical Compliance for PGCIL:** Submit **Form-7B** (a detailed capital cost and tariff calculation form) for all three petitions, **on an affidavit, within two weeks**, and provide copies to all respondents.
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**3. Business & Regulatory Implications**
* **Revenue Certainty for PGCIL:** The outcome will finalize past revenues (truing up for 2019-24) and set future revenue streams (tariff for 2024-29) for three significant transmission and communication assets.
* **Impact on State Utilities (Respondents):** The determined tariff will form the basis of the payment obligations for the respondent state transmission utilities (like MPPMCL, BSPHCL, WBSETCL), impacting their power procurement costs.
* **Regulatory Process Timeline:** The order shows a structured, multi-step process: Petition → Reply → Rejoinder → Submission of Form-7B → Final hearing. This provides predictability for stakeholders.
* **Form-7B as a Key Document:** The Commission’s specific directive for an **affidavit-based Form-7B** underscores its critical role as the foundational document for capital cost verification and tariff calculation. Any discrepancies here will be a focal point in the final hearing.
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**4. Next Steps & Critical Dates**
* **Within 1 Week (from 13 Jan 2026):** Respondents to file replies; PGCIL to file rejoinders for Petitions 494 & 599.
* **Within 2 Weeks (from 13 Jan 2026):** PGCIL to **submit sworn affidavit with Form-7B** for all petitions.
* **Next Hearing:** **19 March 2026** – Likely for final arguments based on submitted replies, rejoinders, and the audited Form-7B data.
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