Petition with the CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to SR WR Power Transmission Limited – EQ

Summary:

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### 1. Project Overview

The project, titled **”Inter-Regional Strengthening between SR Grid and WR Grid,”** is a critical transmission scheme aimed at enhancing power transfer capability and facilitating the evacuation of renewable energy (RE) from the Southern Region.

– **Project Scope (The “Project”):**
– **Parli New (WR) – Bidar (SR) 765 kV D/C (Double Circuit) line.**
– 2 x 765 kV line bays at Bidar Pooling Station (PS).
– 2 x 765 kV line bays at Parli New Sub-station.
– 2 x 240 MVAr Switchable Line Reactors (SLR) at Bidar end on both circuits (with a spare unit).
– **Scheduled COD:** **October 17, 2027** (24 months from the date of SPV transfer).
– **Project Structure:** Build, Own, Operate and Transfer (BOOT) basis.
– **Tariff Determination:** Under **Section 63** of the Electricity Act, 2003 (Tariff Based Competitive Bidding).

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### 2. Project Planning and Justification

The transmission scheme was planned to address the growing power demand in the Southern Region and to integrate new renewable energy capacity.

– **Need for Project:** The Southern Region’s peak demand is projected to reach ~97.5 GW by 2029-30. Existing inter-regional links were deemed inadequate. The Bidar Pooling Station was identified for ~2.5 GW of RE potential, with connectivity already granted.
– **Planning Approvals:**
– Recommended in the **34th CMETS** and approved in the **52nd SRPC (Southern Regional Power Committee)** and **52nd WRPC** meetings.
– Approved by the **National Committee on Transmission (NCT)** in its 29th meeting on April 17, 2025.
– **National Component – RE (NC-RE):** The scheme is intended to be treated as a **National Component for Renewable Energy (NC-RE)** . This means its transmission charges will be shared by all drawee DICs (Distribution Companies) across India on an all-India basis, as per the CERC Sharing Regulations, 2020. This point was raised by Respondent No. 34 (TNPDCL) and confirmed by CTUIL.

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### 3. Competitive Bidding Process (Section 63)

The project was developed under the Tariff Based Competitive Bidding (TBCB) Guidelines issued by the Ministry of Power.

– **Bid Process Coordinator (BPC):** **REC Power Development and Consultancy Limited (RECPDCL)** was the BPC.
– **Bid Timeline:** RfP issued on June 20, 2025; bidding concluded on October 17, 2025.
– **Bidders:** Six bidders participated, including POWERGRID, Adani Energy Solutions, Torrent Power, and others.
– **e-Reverse Auction (e-RA):** An e-RA was conducted.
– **Results:**
– **Winner:** **Power Grid Corporation of India Limited** emerged as the successful bidder with the lowest final quoted transmission charges of **Rs. 1,047.59 million**.
– The Bid Evaluation Committee (BEC) certified that the process was carried out in accordance with the Guidelines.

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### 4. Post-Bidding Activities and Incorporation

– **SPV Transfer:** RECPDCL had incorporated a Special Purpose Vehicle (SPV) named **SR WR Power Transmission Limited**. POWERGRID acquired 100% equity in this SPV on **October 17, 2025**.
– **Name Change:** The SPV was subsequently renamed **POWERGRID Parli Bidar Transmission Limited** (the Petitioner), with a certificate from the Registrar of Companies dated January 20, 2026.
– **Key Agreements:**
– **Transmission Service Agreement (TSA):** Executed with the Central Transmission Utility of India Limited (CTUIL) on October 17, 2025.
– **Contract Performance Guarantee (CPG):** Furnished to CTUIL for Rs. 24.00 crore.

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### 5. Compliance with Transmission Licence Regulations (2024)

The Petitioner applied for the licence under the **CERC (Procedure, Terms and Conditions for grant of Transmission Licence and other related matters) Regulations, 2024**. The order details the petitioner’s compliance:

– **Application Form:** Filed in the prescribed **Form-I** with the requisite fee of Rs. 1 lakh.
– **Public Notices:** Notices were published in digital newspapers (Deccan Herald, Kannada Prabha, Free Press Journal, Sakal) on October 30, 2025, and on the company’s website in English and vernacular languages. No objections were received from the general public.
– **Service of Application:** Copies were served on all beneficiaries (long list of respondents, mostly DISCOMs and utilities) and CTUIL.
– **CTUIL Recommendation:** CTUIL, vide letter dated November 4, 2025, **recommended the grant of the transmission licence**, confirming the project’s justification, planning approvals, and implementation status.

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