CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI
PETITION NO. 39/TT/2026
Coram:
Shri Jishnu Barua, Chairperson
Shri Ramesh Babu V., Member
Shri Harish Dudani, Member
Shri Ravinder Singh Dhillon, Member
Date of Order: 02.09.2026
In the matter of: Approval under Section 62 read with Section 79(1)(d) of the Electricity Act, 2003 and under Regulation 15(1)(a) and Regulation 23 of Central Electricity Regulatory Commission (Conduct of Business) Regulations, 2023 for determination of the transmission tariff for the 2024-29 tariff period under the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024 from COD to 31.3.2029 for asset (02 nos.) under “Eastern Region Expansion Scheme - XXXI (ERES-XXXI)” in the Eastern Region.
And in the matter of:
Power Grid Corporation of India Limited, Katwaria Sarai, New Delhi. 110016.
Corporate Centre: ‘Saudamini’, Plot No-2, Sector-29, Gurgaon - 122001 (Haryana).
......Petitioner
Versus
1. Bihar State Power (Holding) Company Limited, Vidyut Bhawan, Bailey Road, Patna - 781001, Bihar.
2. West Bengal State Electricity Distribution Company Limited, Bidyut Bhawan, Bidhan Nagar, Block DJ, Sector-II, Salt Lake City, Kolkata - 700 091, West Bengal.
3. Grid Corporation of Orissa Limited, 132 Kv, Shahid Nagar, Bhubaneswar - 751007, Odisha.
4. Damodar Valley Corporation, DVC Tower, Maniktala Civic Centre, VIP Road, Kolkata - 700054, West Bengal.
5. Power Department, Govt. of Sikkim, Gangtok - 737101, Sikkim.
6. Jharkhand Bijli Vitran Nigam Limited, Engineering Building, H.E.C., Dhurwa, Ranchi - 834004, Jharkhand.
…. Respondent(s)
For Petitioner: Shri Zafrul Hasan, PGCIL
Shri Angaru Naresh Kumar, PGCIL
Shri Swapnil Verma, CTUIL
Sd/- Sd/- Sd/- Sd/-
(Ravinder Singh Dhillon) (Harish Dudani) (Ramesh Babu V.) (Jishnu Barua)
Member Member Member Chairperson
INTERIM ORDER
The instant Petition has been filed by Power Grid Corporation of India Limited (Power Grid), for determination of tariff under Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2024 (hereinafter referred to as “the 2024 Tariff Regulations”) of the period from the COD to 31.3.2029 in respect of the following assets under “Eastern Region Expansion Scheme - XXXI (ERES-XXXI)” in the Eastern Region.[[IMG_1]].
The details of the transmission asset, including the Scheduled Commercial Operation Date (SCOD), Date of Commercial Operation (COD) claimed by the Petitioner, and time over-run are as under:
| Asset No | Asset | SCOD | COD | Delay |
|---|---|---|---|---|
| Asset-I | Installation of 420 kV, 1x125 MVAr Bus Reactor along with associated bay at Jamshedpur (POWERGRID) sub-station. | 13.4.2024 | 8.10.2024 | 178 days |
| Asset-II | Installation of 420 kV, 1x63 MVAr Line Reactor at Maithon end of ckt-1 of Maithon-A - Kahalgaon-B line along with 500 Ohm NGR (with NGR bypass arrangement for operation of line reactor as a bus reactor). | 13.4.2024 | 15.4.2025 | 351 days |
The hearing in this matter was held on 22.7.2026, and the Petition was reserved.
The Petitioner has claimed the following annual transmission charges with respect to the transmission asset for the 2024-29 tariff period as under:
(₹ in lakh)
| Asset-I | COD | 2024-25 (Pro-rata 175 days) | 2025- 26 | 2026- 27 | 2027- 28 | 2028- 29 |
|---|---|---|---|---|---|---|
| Installation of 420 kV, 1x125 MVAr Bus Reactor along with associated bay at Jamshedpur (POWERGRID) sub-station. | 8.10.2024 | 78.53 | 263.77 | 353.94 | 372.01 | 369.14 |
(₹ in lakh)
| Asset-II | COD | 2025-26 (Pro-rata 351 days) | 2026-27 | 2027-28 | 2028-29 |
|---|---|---|---|---|---|
| Installation of 420kV, 1x63 MVAr Line Reactor at Maithon end of ckt-1 of Maithon-A - Kahalgaon-B line along with 500 Ohm NGR (with NGR bypass arrangement for operation of line reactor as a bus reactor). | 15.4.2025 | 59.60 | 144.68 | 218.72 | 219.57 |
As per Regulation 10(3) of the 2024 Tariff Regulations, the Commission may grant an interim tariff in case of new transmission projects that have filed the application under Regulation 9(1) of the 2024 Tariff Regulations. However, as per Regulation 10(3) of the 2024 Tariff Regulations, the Commission may grant an interim tariff up to 90% of the tariff claimed in case of new transmission projects under the aforesaid Regulation.
We have considered the Petitioner’s submissions for the grant of an interim tariff.
Regulation 10 of the 2024 Tariff Regulations provides as under:
“10. Determination of tariff:…………
(3) If the information furnished in the petition is in accordance with these regulations, the Commission may consider granting an interim tariff of up to ninety per cent (90%) of the tariff claimed in the case of a new generating station or unit thereof or transmission system, or element thereof during the first hearing of the application for billing purposes till the final tariff is determined by the Commission:
Provided that in case the final tariff determined by the Commission is lower than the interim tariff by more than 10%, the generating company or transmission licensee shall return the excess amount recovered from the beneficiaries or long term customers, as the case may be, with simple interest at 1.20 times of the rate worked out on the basis of 1 year SBI MCLR plus 100 basis points prevailing as on 1st April of the financial year in which such excess recovery was made.
(5) The Commission shall grant the final tariff in the case of existing and new projects after considering the replies received from the respondents and suggestions and objections, if any, received from the general public and any other person permitted by the Commission, including consumers or consumer associations.
(6) Subject to Sub-Clause (7) below, the difference between the tariff determined in accordance with clauses (3) and (5) above and clauses (4) and (5) above, shall be recovered from or refunded to, 29 the beneficiaries or the
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