DERC Proposes New Threshold Limit for Intra-State Transmission Projects under TBCB
This new regulation establishes a threshold limit of INR 150 crore, excluding land costs, for intra-state transmission projects within the NCT of Delhi.
September 03, 2024. By Abha Rustagi
This new regulation establishes a threshold limit of INR 150 crore, excluding land costs, for intra-state transmission projects within the National Capital Territory (NCT) of Delhi. Any project exceeding this cost will now be required to follow the TBCB process. The regulation mandates that such projects must be coordinated by an appointed Bid Process Coordinator (BPC) and implemented as per the guidelines issued by the Central Government.
"The Threshold Limit fixed in these Regulations shall be applicable for all new Intra-State Transmission Projects for which approval is yet to be accorded by the Commission. The entire Intra-State independent transmission projects including any upstream/downstream projects shall be designed as a single project for inviting bids for the development of the project through TBCB," the DERC notification stated.
DERC’s draft regulation also includes provisions for exceptions where projects of a critical nature, such as those related to defense, railways, or airports, may be exempted from the TBCB process and instead implemented through a cost-plus approach under Section 62 of the Electricity Act, 2003.
Additionally, projects below the threshold may still be subjected to TBCB if justified and approved by the Commission. The draft regulations are open for public consultation before being finalized and enforced.
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