The Central Electricity Regulatory Commission (CERC) has brought-out norms empowering entities to reduce power supplies to defaulting entities that fail to clear their outstanding dues on time. - As per the Regulation of Power Supply Regulations, 2010, the generating companies or the transmission licensees will be authorized to restrict the draw-schedule for such defaulters through a revised supply plan, to be prepared by the concerned Regional Load Despatch Centre (RLDC) or the State Load Despatch Centre (SLDC) with jurisdiction over the erring party.
- Further, the generating company will be entitled to sell the power, rendered surplus due to the curb in power supply, to any entity, including any of the existing beneficiaries. The revenue generated on account of sale of this power will either be adjusted against the outstanding dues of the defaulting entity or passed on to the transmission utility to the extent of outstanding dues. The remainder will be remitted to the defaulting entity, after deduction of energy charges, trading margin and other incidental expenses borne by the power generating company.
- Pertinently, these norms will be applicable to the power generating stations, transmission systems and their beneficiaries, for cases where power generators or transmission licensees and power off-takers have executed agreements, incorporating a specific provision for power supply regulation in case of non-payment of outstanding dues or non-maintenance of letter of credit (LoC).
No comments:
Post a Comment