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Our Bureau

The regulator allowed RGPPL and MSEDCL to come to a mutually acceptable tariff rate considering energy charges, incidental charges and operating schedule

New Delhi , Sept. 26

The Central Electricity Regulatory Commission (CERC) on Tuesday allowed Ratnagiri Gas and Power Pvt Ltd (RGPPL), the new owner of the Dabhol power project, to sell electricity to Maharashtra from October till March 2007.

RGPPL plans

The CERC permitted RGPPL to enter into an agreement for selling power to Maharashtra State Electricity Distribution Company Ltd (MSEDCL) in case the State utility was willing to buy electricity generated using naphtha as fuel, a CERC statement said. However, the Commission did not fix any tariff as it observed that RGPPL's proposal was a stopgap arrangement for sale of power and the plant was yet to start commercial generation.

RGPPL plans to restart a 740 MW Block-II of the project from next month using imported naphtha till March 2007, by when liquefied natural gas supplies are expected to be firmed up to partially bridge the around 3,000 MW shortage that the State is faced with. The case has been listed for hearing again on October 17, but the Commission allowed RGPPL to enter into agreement with prospective buyers and go ahead with procurement of naphtha even before that date so that power could be made available in time.

Tariff rate

Following a hearing on the issue on Tuesday, the regulator allowed RGPPL and MSEDCL to come to a mutually acceptable and reasonable tariff rate considering energy charges, incidental charges and operating schedule, the statement said. During the hearing, MSEDCL indicated that a price of about Rs 5.50 per unit would be acceptable to them.

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