In continuation of the Update reported earlier (please refer to e-mail in trail), the Central Electricity Regulatory Commission (“CERC”) has recently issued a Notification extending the period of applicability of the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2020 (“CERC Regulations”) till 30th June, 2024.
Background:
The CERC previously, through Notification no. RA-14026(11) / 4 / 2020-CERC dated 27th March, 2023 and Notification no. RA-14026(11) / 4 / 2020-CERC dated 6th September, 2023 had extended the timeline for applicability of the CERC Regulations to 30th September, 2023 and 31st March, 2024 respectively.
Source: Central Electricity Regulatory Commission