Background
In pursuance of Clause 5.6 (vi) of the Ministry of Power (MOP) "Guidelines for Determination of Tariff by Bidding Process for Procurement of Power by Distribution Licensees" dated 19.01.2005, as amended from time to time, the Central Electricity Regulatory Commission (CERC) has been notifying various escalation rates, including the escalation rates for imported coal, every six months, for the purpose of payment.
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