Regulatory Assistance To Ptc India Ltd

Regulatory Assistance To Ptc India Ltd

The Centre for Regulation and Policy was entrusted with providing regulatory support to PTC India Ltd. for its Special Economic Zone (SEZ) client, Jawaharlal Nehru Port Trust (JNPT) located in Navi Mumbai, for approval of the power purchase plan and agreement, preparation of ARR and multi-year tariff filing. JNPT, being the developer of the SEZ, is responsible for the provision of utility services, which also includes the supply of electricity within the SEZ area to its consumers.

In FY 2020-21, the Centre for Regulation and Policy carried out a detailed analysis of the energy sale, distribution loss, power purchase quantum and cost, and other financial parameters, for the preparation of the Power Purchase, ARR and tariff petition. During the project, WISE will be assisting SEZ and PTC in submitting replies to the queries raised by MERC and other stakeholders. The order will be issued in FY 2021-22.

Supporting Power Distribution Activities In Gift City

Supporting Power Distribution Activities In Gift City

The Centre for Regulation and Policy has been providing consultancy support to GIFT Power Company Ltd (GIFTPCL) in the technical, commercial, legal and regulatory areas of its power distribution business in the Gujarat International Financial Tech-City (GIFT) since 2017-18. GIFT is a global financial and IT services hub, the first-of-its-kind in India, located in Gandhinagar. GIFTPCL has been established as a wholly-owned subsidiary of GIFT to provide infrastructure and power to GIFT city.

In 2020-21, WISE prepared the ARR and tariff petition for 2021-22, along with true-up petition for 2019-20, and submitted these to the Gujarat Electricity Regulatory Commission (GERC).

WISE assisted GIFTPCL in the public hearings at GERC and responded to various objections/suggestions received regarding the petitions. In addition, WISE prepared another petition for revising the supply code for HT consumers at LT voltage level, including options for LT level metering. As a result, GERC approved the distribution business related expenses incurred by GIFTPCL during FY 2019-20 and approved the retail tariff structure for FY 2021-22.

Preparation Of Approach Paper And Determination Of Tariff For RE Technologies In Madhya Pradesh

Preparation Of Approach Paper And Determination Of Tariff For RE Technologies In Madhya Pradesh

The Centre for Regulation and Policy was appointed by the Madhya Pradesh Electricity Regulatory Commission (MPERC) for the preparation of a discussion paper and associated work for tariff determination of eight RE technologies – solar, wind, biomass, bagasse-based co-generation, small hydro, biogas, hybrid and waste-to-energy. The scope of work under each assignment included, 1) Preparation of an approach paper with consideration of factors affecting the tariff for RE power projects which inter – alia includes (i) capital cost, (ii) life, (iii) plant Load factor, (iv) O&M charges, (v) fuel cost related parameters, if applicable, and (vi) financial parameters like depreciation, interest on loan and interest on working capital, loan repayment period etc. 2) Attending the public hearing arranged by the Commission, analyse the suggestions/objections made by the stakeholders before and after public hearing and incorporate the same in subsequent documentation. 3) Submission of final reasoned analysis and tariff order to the Commission.

On completion of the scope of activities, the aforesaid tariff orders will be issued during the next financial year.

Determination Of Generic Tariff Order For Wind-Solar Hybrid Power Projects For The State Of Gujarat

Determination Of Generic Tariff Order For Wind-Solar Hybrid Power Projects For The State Of Gujarat

WISE has been providing consultancy support to the Gujarat Electricity Regulatory Commission (GERC) for renewables in the technical, commercial, legal and regulatory areas since 2012-13.

In 2020-21, the Centre for Regulation and Policy provided support to GERC for:

1) Preparation of approach paper with consideration of factors affecting the tariff for wind-solar hybrid power projects which inter – alia include
(i) capital cost,
(ii) life,
(iii) plant load factor,
(iv) O&M charges
(v) fuel cost-related parameters, if applicable, and
(vi) financial parameters like depreciation, interest on loan and interest on working capital, loan repayment period etc.,

2) Attending the public hearing, arranged by the Commission, analyse the suggestions /objections made by the stakeholders before and after public hearing and incorporate the same in subsequent documentation, and

3) Preparation of final reasoned analysis and tariff order to be submitted before the Commission, incorporating the comments on approach paper.

Regulatory Assistance To Ptc India Ltd

Regulatory Assistance To PTC India Ltd

The Centre for Regulation and Policy was entrusted with providing regulatory support to PTC India Ltd. for its Special Economic Zone (SEZ) client, Jawaharlal Nehru Port Trust (JNPT) located in Navi Mumbai, for approval of power purchase plan and agreement, preparation of ARR and multi-year tariff filing. JNPT, being the developer of the SEZ, is responsible for the provision of utility services, which also includes supply of electricity within the SEZ area to its consumers.

In FY 2020-21, the Centre for Regulation and Policy carried out detailed analysis of the energy sale, distribution loss, power purchase quantum and cost, and other financial parameters, for preparation of the Power Purchase, ARR and tariff petition. During the project, WISE will be assisting SEZ and PTC in submitting replies to the queries raised by MERC and other stakeholders. The order will be issued in FY 2021-22.

Supporting Power Distribution Activities In Gift City

Supporting Power Distribution Activities In Gift City

The Centre for Regulation and Policy has been providing consultancy support to GIFT Power Company Ltd (GIFTPCL) in the technical, commercial, legal and regulatory areas of its power distribution business in the Gujarat International Financial Tech-City (GIFT) since 2017-18. GIFT is a global financial and IT services hub, the first of its kind in India, located in Gandhinagar. GIFTPCL has been established as a wholly-owned subsidiary of GIFT to provide infrastructure and power to GIFT city.

In 2020-21, WISE prepared the ARR and tariff petition for 2021-22, along with true-up petition for 2019-20, and submitted these to the Gujarat Electricity Regulatory Commission (GERC).

WISE assisted GIFTPCL in the public hearings at GERC and responded to various objections/suggestions received regarding the petitions. In addition, WISE prepared another petition for revising the supply code for HT consumers at the LT voltage level, including options for LT level metering. As a result, GERC approved the distribution business-related expenses incurred by GIFTPCL during FY 2019-20 and approved the retail tariff structure for FY 2021-22.