Petition of the CERC (Sharing of Inter-State Transmission Charges and Losses) Regulations of TPSL – EQ
Summary:
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### Key Business & Legal Details
| **Aspect** | **Details** |
| :— | :— |
| **Petitioner** | T.P. Saurya Limited (TPSL) – a renewable power generator. |
| **Respondents** | Powergrid Corporation of India Limited (PGCIL) & CTUIL, among others. |
| **Legal Basis** | Section 79(1)(c) & (f), Section 38(2)(b)&(c) of the Electricity Act, 2003; Regulation 13(8) of the CERC Sharing of Inter-State Transmission Charges and Losses Regulations, 2020. |
| **Relief Sought** | (i) Direction to PGCIL to pay applicable **Yearly Transmission Charges (YTC)** as per Regulation 13(8); and/or (ii) Compensation from PGCIL/CTUIL for generation loss and financial loss due to transmission system not being ready until **December 12, 2025**. |
| **Date of Hearing** | April 17, 2026. |
| **Next Hearing Date** | **July 9, 2026**. |
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### Current Status & Timeline
| **Event** | **Deadline** |
| :— | :— |
| Respondents (PGCIL, CTUIL, others) to file replies | Within 6 weeks of April 17, 2026 (approx. **May 29, 2026**) |
| TPSL to file rejoinder(s) | Within 5 weeks after receiving replies |
| CTUIL to submit project-specific details (table data) | Along with its reply (by ~May 29, 2026) |
| Next hearing | **July 9, 2026** |
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### Critical Business Implications
1. **Transmission Delay Risk Allocation**: This petition tests whether generators can recover lost revenue when transmission infrastructure (built by PGCIL/CTUIL) is delayed. A favorable ruling for TPSL would set a significant precedent requiring transmission utilities to compensate generators for evacuation constraints.
2. **Regulation 13(8) – Yearly Transmission Charges (YTC)**: Under the 2020 Sharing Regulations, generators may be entitled to certain transmission charge adjustments when systems are not ready. TPSL is specifically seeking applicable YTC payments from PGCIL.
3. **Financial Exposure for PGCIL/CTUIL**: If TPSL succeeds, PGCIL and CTUIL could face material claims from multiple generators whose projects were delayed by transmission under-readiness. This may prompt a reassessment of transmission project planning and execution accountability.
4. **Generation Loss Quantification**: TPSL must prove:
– The date its project was ready to inject power.
– The quantum of power it could have generated.
– The financial value of lost generation (likely based on PPA tariff or market price).
5. **Project Viability Impact**: For TPSL, any delay in compensation affects project cash flows, debt servicing, and return on equity. The longer the litigation, the greater the financial strain.
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