SJVN Ltd issue Tender for setting up of 1.6 MW Grid connected RTS PV Power Projects in the Eastern Region under RESCO MODE PMSGM – EQ
Summary:
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## 📌 Case Overview
* **Petitioner:** SJVN Transmission Limited (STL), a wholly owned subsidiary of SJVN Ltd.
* **Subject:** Approval of **transmission tariff** under CERC (Terms & Conditions of Tariff) Regulations, 2019.
* **Project:** Transmission system for **evacuation of power from 2 GW solar projects in Bikaner (Phase-II) under Phase-II Part-B, Rajasthan.**
* **Date of Order:** 25th July 2025.
* **Coram:** Chairperson Jishnu Barua; Members Ramesh Babu V., Harish Dudani, Ravinder Singh Dhillon.
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## ⚡ Project Details
* **Transmission System Components:**
* 400 kV D/C Bikaner–Bikaner-II line (approx. 20 km).
* 765 kV D/C Bikaner–Moga line (approx. 550 km).
* Associated bays & substation works at Bikaner and Moga.
* **COD:** 29th June 2023 (achieved).
* **SCOD:** 1st July 2023.
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## 💰 Tariff Determination
* Petition sought **approval of annual transmission charges (ATC)** for 25 years.
* CERC examined:
* Capital cost estimates vs audited expenditure.
* IDC (Interest During Construction), IEDC (Incidental Expenditure During Construction).
* Debt-equity ratio (70:30).
* Working capital requirement.
* **Allowed ATC:** ₹607.54 crore (vs. claimed ₹616.89 crore).
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## 🏛️ Regulatory Process
* CTUIL confirmed successful completion and integration into ISTS.
* RLDC certified COD.
* CEA clearance and Grid Code compliance confirmed.
* Public notices were not required (since it was a cost-plus tariff petition, not a licence case).
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## ✅ Commission’s Findings
* Project was completed within reasonable time and cost variation within permissible limits.
* IDC/IEDC scrutiny led to some **disallowance**, reducing claimed tariff slightly.
* CERC approved tariff **from COD till 31.03.2029**, extendable as per norms.
* Petitioner directed to submit:
* Trued-up capital cost after audited accounts.
* Progress reports and compliance filings as per regulations.
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## 👉 Key Takeaway
CERC approved **transmission charges of ₹607.54 crore** for STL’s **Bikaner-Moga transmission system**, critical for **2 GW RE evacuation from Rajasthan**. Minor cost disallowances were applied, but overall petition was allowed.
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