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A current growth within the vitality sector of Chhattisgarh has seen BSES Rajdhani Energy Ltd. (BRPL) file a petition in search of approval for the acquisition of 100 MW of Wind Energy by the Photo voltaic Vitality Company of India Ltd (SECI). The petition, filed underneath pertinent electrical energy rules, goals to undertake a tariff for the acquisition and procure approval for the Energy Sale Settlement (PSA) dated December 20, 2018.
BRPL’s petition emphasizes the significance of adopting a tariff decided by aggressive bidding processes, in step with Ministry of Energy (MoP) pointers. They argue that SECI adopted these pointers diligently throughout the bidding course of, making certain equity and transparency. BRPL highlights the alignment of the PSA with SECI’s Request for Choice (RfS) doc and MoP pointers, demonstrating compliance with regulatory necessities.
The proposed tariff is deemed aggressive within the renewable vitality sector, benefiting each BRPL and shoppers. Furthermore, it helps BRPL meet its Renewable Buy Obligations (RPO) targets, additional emphasizing its significance.
The jurisdiction of the fee over the approval of the PSA and adoption of the tariff is underscored, given the back-to-back nature of the agreements concerned. BRPL cites precedent circumstances the place comparable petitions have been accepted by the fee, establishing its authority in such issues.
To supply up to date data, BRPL submitted a further affidavit detailing current developments. This contains modifications to the tariff construction following a call by the Central Electrical energy Regulatory Fee (CERC), resulting in the signing of a Supplemental PSA in August 2021.
In response, SECI submitted affidavits explaining the standing of associated proceedings earlier than the CERC and the Appellate Tribunal for Electrical energy (APTEL). SECI seeks approval for the procurement of Wind Energy on the agreed tariff fee, in alignment with regulatory selections.
After contemplating all submissions and authorized precedents, the fee accepted the PSA and adopted a complete tariff of ₹ 2.84/kWh, together with a buying and selling margin of ₹0.07/kWh. Nevertheless, the ultimate choice on the buying and selling margin is topic to the end result of ongoing authorized proceedings. This choice marks a major step in direction of facilitating renewable vitality procurement in Chhattisgarh, supporting the state’s efforts in direction of sustainability and vitality safety. It displays the dedication of stakeholders to harness clear vitality sources and meet regulatory obligations successfully.
Please view the doc right here for extra particulars.
