Petition of the Electricity Act of CERC (Terms & Conditions of Tariff) Regulations NTPC Ltd – EQ
Summary:
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#### **1. Parties Involved**
– **Petitioner:** NTPC Limited
– **Respondents:**
– Uttar Pradesh Power Corporation Limited (Primary Respondent)
– Other attending parties (appearing through advocates):
– MPPMCL (Madhya Pradesh Power Management Co. Ltd.)
– CSPDCL (Chhattisgarh State Power Distribution Co. Ltd.)
– TNPCDL (Tamil Nadu Power Corporation Distribution Ltd.)
– MSEDCL (Maharashtra State Electricity Distribution Co. Ltd.)
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#### **2. Nature of the Petition**
– Filed under **Section 79(1)(a) of the Electricity Act, 2003**, which grants CERC jurisdiction over tariff regulation for inter-state generation and transmission.
– References the **CERC (Terms & Conditions of Tariff) Regulations, 2024**.
– The subject matter relates to **tariff determination or adjustment**, though specific details are not mentioned in the extract.
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#### **3. Key Development from Hearing (6 January 2026)**
– The petitioner’s counsel **requested a postponement** of the hearing.
– The request was to await the **approval and notification of the draft CERC (Terms and Conditions of Tariff) (Second Amendment) Regulations, 2025**.
– The Commission **accepted the request**.
– The petition will be **listed for hearing in due course**, and a **separate notice will be issued**.
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#### **4. Business & Regulatory Context**
– This indicates that the tariff-related petition is **dependent on upcoming regulatory amendments**.
– The **Second Amendment Regulations, 2025** (when notified) may introduce changes impacting:
– Tariff calculation methodologies.
– Cost recovery mechanisms for generators like NTPC.
– Revenue requirements and billing adjustments for distribution companies (DISCOMs).
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#### **5. Implications**
– **For NTPC:** Delay in hearing means deferred resolution of tariff-related claims or adjustments, potentially affecting revenue recognition and cash flows.
– **For DISCOMs (UPPCL, MPPMCL, etc.):** Clarity on tariff implications will be postponed, impacting power purchase cost planning.
– **Regulatory Impact:** Highlights the dynamic nature of power tariff regulations and the need for stakeholders to align submissions with the latest regulatory framework.
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