Petition with CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to Transmission License to SR WR Power Transmission Ltd. – EQ
Summary:
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**1. Overview & Context**
* **Document Type:** CERC Order/Proceeding from a hearing held on **13 January 2026**.
* **Core Subject:** Hearing for two interlinked applications filed by **SR WR Power Transmission Limited (SWPTL)**, a **100% subsidiary of Power Grid Corporation of India Ltd (PGCIL)**.
* **Regulatory Framework:** Applications filed under different sections of the **Electricity Act, 2003** and related CERC regulations.
* **Next Hearing Date:** **10 February 2026**.
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**2. Key Proceedings & Directives from the Hearing**
1. **Petitioner’s (SWPTL) Submission:**
* Informed the Commission that a **process to change the company’s name** is underway.
* Sought permission to file an **affidavit** with supporting documents to formally record this name change.
2. **Respondent’s (TANGEDCO) Request:**
* The counsel for **Tamil Nadu Generation and Distribution Corporation (TANGEDCO)** requested **additional time** to file its reply in both matters.
3. **Commission’s Directives:**
* **Granted permission** to SWPTL to file the affidavit regarding the name change.
* **Listed both petitions** for the next hearing on **10 February 2026**.
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**3. Business & Regulatory Implications**
* **Project Implementation Milestone:** These petitions represent a critical stage in formalizing the regulatory and commercial framework for a new transmission project awarded to SWPTL (via its parent PGCIL) under the **Tariff-Based Competitive Bidding (TBCB)** route.
* **Revenue Stream Finalization:** The outcome of **Petition 884/AT/2025** is crucial as it will lead to the **CERC adopting the transmission charges**. This sets the revenue that SWPTL will earn from power utilities using its transmission system.
* **Regulatory Compliance:** The process highlights the step-wise regulatory compliance: first obtaining the license (885/TL), then getting the competitively discovered tariff adopted (884/AT).
* **Stakeholder Consultation:** The request for more time by TANGEDCO, a major beneficiary state utility, indicates ongoing stakeholder consultation, which is typical in such proceedings to address concerns before final orders.
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**4. Next Steps & Critical Path**
* **Before 10 Feb 2026:** SWPTL to file an **affidavit on company name change**. TANGEDCO and other respondents to file their replies.
* **Next Hearing:** **10 February 2026** – Likely for reviewing the name change affidavit, replies from respondents, and proceeding towards final arguments or orders.
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