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4 hours ago

CERC: Reviews Tariff Truing-Up and New Tariff for 240 MW Uri-II Hydroelectric Project of NHPC

Petition for truing-up of tariff for the period 2019-24 and determination of tariff for the period 2024-29 in respect of Uri-II Hydroelectric Project (240 MW).

NHPC Limited, 

Versus

Punjab State Power Corporation Limited, Haryana Power Purchase Centre,  Uttar Pradesh Power Corporation Limited, BSES Rajdhani Power Limited & 7 Others

Background:

This petition has been filed by the Petitioner, NHPC Limited, for truing-up of tariff of Uri-II Hydroelectric Project (4x60 MW) (in short, “the generating station”), for the period 2019-24, in terms of Regulations 15(1)(a), 18, 23 of the CERC (Conduct of Business) Regulations, 2023 (in short, “CBR Regulations 2023”) and Regulation 13, 25, 26, 31(3), 34(3), 35(2) of the CERC (Terms and Conditions of Tariff) Regulations, 2019 (in short, “2019 Tariff Regulations”) and for determination of tariff of the generating station for the period 2024-29, in accordance with Regulations 15 (1)(a), 18, 23 of the CBR Regulations 2023 and Regulations 9(2), 10(1), 12, 25, 26, 36(2), 65(7), 65(8) and 91 of the CERC (Terms and Conditions of Tariff) Regulations, 2024 (in short, “2024 Tariff Regulations”) read with Section 62(1)(a) and 79(1)(a) of the Electricity Act, 2003 (in short “the Act”).

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