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qÞkãuÂà §íýtàÞ§ý

ÂàªàÀ säªàmàÂà (ârÂàà »þà§ý â¹þ§ý¹þ) §çý Zàçx½à

“²þ¾mãyªàð¼þ/Àäªàê/09/2013

2015.”

Ñçmä ¡Âàätm. §íýtàÞ§ý kã.2

²þ¾mãyªàð¼þ

ªàk¹þ

ây.

yç.

âsvà¢ê.

âÀÂààÞ§ý

2001.”

²þ¾mãyªàð¼þ ÊàkqØà

(¡yàoàÊ½à)

Zààâo§ýàÊ yç Zà§ýàâÎàm

§íýtàÞ§ý

254

]

ÊàuqäÊ, Îàä§íýwàÊ, âÀÂààÞ§ý 28 kåÂà 2024



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mi&lfpo-

Raipur, the 6th May 2024

NOTIFICATION

Chhattisgarh State Electricity Regulatory Commission (Terms and conditions for determination of

generation tariff and related matters for electricity generated by plants based on renewable energy

sources) (First Amendment) Regulations, 2024

No. 107/CSERC/2024-.— In exercise of powers vested under section 61, 86 read with Section 181 of

the Electricity Act 2003 (36 of 2003) and all other powers enabling it in this behalf, the Chhattisgarh State

Electricity Regulatory Commission hereby makes following Regulations, to amend the Chhattisgarh State

Electricity Regulatory Commission (Terms and conditions for determination of generation tariff and related

matters for electricity generated by plants based on renewable energy sources) Regulations, 2022 (herein after

referred to as “the Principal Regulations”), namely:

Short title and commencement

1.1

These Regulations may be called Chhattisgarh State Electricity Regulatory Commission

(Terms and conditions for determination of generation tariff and related matters for electricity

generated by plants based on renewable energy sources) (First Amendment) Regulations,

2024.

1.2

These Regulations shall come into force from 01-04-2024.

1.3

These Regulations shall extend to the whole of Chhattisgarh and shall be applicable to

renewable energy based generating stations established in the State.

Substitution of new sub Regulation for sub Regulation 17. 1 of Regulation 17.

For sub Regulation 17.1 of Regulation 17 of the principal Regulations, the following sub Regulation

shall be substituted, namely: -

17.1

The Working Capital requirement in respect of wind energy projects, small hydro power, solar

PV and Solar thermal power projects shall be computed as per following:

Operation & Maintenance expenses for one month;

II.

Receivables equivalent to 45 days of energy charges for sale of electricity calculated

on the normative CUF;

III.

Maintenance spare @15% of operation and maintenance expenses.

The Working Capital requirement in respect of biomass power projects, biogas based power

project, non-fossil fuel based co-generation projects, Municipal Solid Waste and Refuse

Derived Fuel projects shall be computed as per following:

Fuel costs for four months equivalent to normative PLF;

II.

Operation & Maintenance expenses for one month;

III.

Receivables equivalent to 45 days of fixed and variable charges for sale of electricity

calculated on the target PLF;

IV.

Maintenance spare @15% of operation and maintenance expenses.

Substitution of new sub Regulation for sub Regulation 20.1of Regulation 20.

For sub Regulation 20.1 of Regulation 20 of the principal Regulations, the following sub Regulation

shall be substituted, namely: -

20.1

In case the payment of any bill for charges payable under these Regulations is delayed beyond

a period of 45 days from the date of billing, a late payment surcharge shall be levied by the

generating company at the marginal cost of funds based on lending rate for one year of the

State Bank of India, as applicable on the 1st April of the financial year in which the period

lies, plus five percent and in the absence of marginal cost of funds based lending rate, any

other arrangement that substitutes it, which the Central Government may, by notification, in

the Official Gazette, specify:

Provided that if the period of default lies in two or more financial year, the base rate of late

payment surcharge shall be calculated separately for the periods falling in different years.The

rate of late payment surcharge for the successive months of default shall increase by 0.5

percent for every month of delay, provided that the late payment surcharge shall not be more

than three percent higher than the base rate at any time.

By the Order of the Commission

Sd/-

(Sudhir Kumar Kale)

Deputy Secretary.

yÞjàv§ý, täô½à mnà vçhÂà yàtªàíã, ²þ¾mãyªàð¼þ õàÊà Îàày§ýLu täô½ààvu, Êàuq

äÊ yç täâôm mnà Zà§ýàâÎàm

–

2024