The Central Electricity Regulatory Commission (Indian Electricity Grid Code) (Sixth Amendment) Regulations, 2019

Jan 02, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Central Electricity Regulatory Commission (CERC) on December 12, 2019, notifies the Central Electricity Regulatory Commission (Indian Electricity Grid Code) (Sixth Amendment) Regulations, 2019 to further amend the Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2010.

The amendments made in Part 6 of the Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2010 which specifies “Scheduling and Despatch Code” and Regulation 6.5 talks about ‘Scheduling and Despatch procedure for long term access, Medium term and short-term open access’:-

A new Regulation 6.5(5)(aa) has been inserted related to “Scheduling of Real-time collective transaction”, where NLDC shall indicate to Power Exchange(s), margin available in each of the transmission corridors before the gate closure, i.e. before the window for trade closes for a specified duration. Power Exchange(s) shall clear the buy and sell bids for the said duration under consideration on various interfaces or control areas or regional transmission systems as intimated by NLDC. The limit for scheduling of collective transaction during real time for respective Power Exchanges shall be worked out in accordance with the directives of the Commission. NLDC shall furnish the available transmission corridors to the Power Exchange(s) before the trading for real time market for a specified duration closes. Based on the information furnished by NLDC, Power Exchange shall clear the RTM bids and announce the Market Clearing price and volume. Based on the volume cleared by the Power Exchanges, NLDC shall communicate the schedules to the respective RLDCs. After getting confirmation from RLDCs, NLDC shall convey the acceptance of scheduling of collective transaction to Power Exchange(s). RLDCs shall schedule the Collective Transactions at the respective periphery of the Regional Entities.

Regulation 6.5(18) has been substituted, namely:-

“Revision of declared capability by the ISGS(s) having two part tariff with capacity charge and energy charge and requisition by beneficiary (ies) for the remaining period of the day shall also be permitted with advance notice. Any revision in schedule made in odd time blocks shall become effective from 7th time block and any revision in schedule made in even time blocks shall become effective from 8th time block, counting the time block in which the request for revision has been received by the RLDCs to be the first one.”

Regulation 6.5(18)(a) has been substituted, namely:-

“In case of forced outages of a unit, for those stations who have a two part tariff based on capacity charge and energy charge for long term and medium term contracts, the RLDC shall revise the schedule on the basis of revised declared capability. The revised declared capability and the revised schedules shall become effective from the time block and in the manner as specified in Regulation 6.5.18.”

Regulation 6.5(19) has been substituted, namely:-

“In case of forced outage of a unit of a generating station (having generating capacity of 100 MW or more) and selling power under Short Term bilateral transaction (excluding collective transactions in day ahead market and real time market through power exchange), the generator or electricity trader or any other agency selling power from the unit of the generating station shall immediately intimate the outage of the unit along with the requisition for revision of schedule and estimated time of restoration of the unit, to SLDC/RLDC, as the case may be. The schedule of beneficiaries, sellers and buyers of power from this generating unit shall be revised accordingly. The revised schedules shall become effective from the time block and in the manner as specified in Regulation 6.5.18. The SLDC/RLDC as the case may be, shall inform the revised schedule to the seller and the buyer. The original schedule shall become effective from the estimated time of restoration of the unit. However, the transmission charges as per original schedule shall continue to be paid for two days. Provided that the schedule of the buyers and sellers shall be revised after forced outage of a unit, only if the source of power for a particular transaction has clearly been indicated during short-term open access application and the said unit of that generating station goes under forced outage”

Regulation 6.5(A)(c) has been substituted, namely:-

“An ISGS whose tariff is determined by the Commission, under section 62 of the Act, may sell power from the share of its original beneficiaries in the day-ahead Market with the consent of such beneficiaries; and in the real-time market without the requirement of consent from the beneficiaries, before the trading for the real time market for a specified duration commences. In both the cases, the realized gains shall be shared between the ISGS and the concerned beneficiary in the ratio of 50:50, in the billing of the following month. Provided that the share of ISGS in the gains shall be restricted to a ceiling of 7 paise/kWh and the gains over and above 7 paise/kWh shall be to the account of the beneficiary. 

Provided further that the gain shall be calculated as the difference between selling price of such power and fuel charge including incidental expenses. 

Provided also that such sale of power by ISGS shall not result in any adverse impact on the original beneficiary (ies) including in the form of higher average energy charge vis-à-vis the energy charge payable without such sale: Provided also that there shall be no sharing of loss between the ISGS and the beneficiary (ies): Provided also that, the liability of fixed charge in such cases shall remain with original beneficiary (ies) as determined in accordance with the Tariff Regulations notified by the Commission from time to time.”

In Regulation 6.5(30), a proviso has been inserted, namely:-

“Provided that while curtailing collective transactions, day ahead transactions shall be curtailed first followed by real time transactions.”

These Regulations shall come into effect from April 01, 2020.

[Notification No. No. L-1/18/2010-CERC]


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