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| Type | Commercial Circular |
|---|---|
| Topic | freight |
there shall be no impact on the Petitioner for O&M cost of assets within
Order in Petition No.11/MP/2023
Page 1 of 34
CENTRAL ELECTRICITY REGULATORY COMMISSION
NEW DELHI
Petition No. 11/MP/2023
Coram:
Shri Jishnu Barua, Chairperson
Shri I. S. Jha, Member
Shri A. K. Goyal, Member
Shri P.K. Singh, Member
Date of Order: 20th January, 2024
In the matter of:
Petition under Section 79 (1)(b) of the Electricity Act 2003 seeking approval of this
Hon’ble Commission for entering into an Agreement with the Indian Railways for Gati
Multi-modal Cargo Terminal under Gati Shakti Multi-Modal Cargo Terminal (GCT)
Policy 2021.
And in the matter of:
Maithon Power Limited (MPL)
Through its Chief Executive Officer
Corporate Center, 34 Sant Tukaram Road,
Carnac Bunder, Mumbai, Maharashtra- 400009
----- Petitioner
Vs
1.
Tata Power Delhi Distribution Limited (TPDDL)
Through its Authorized Representative
Hudson Lines, Kingsway Camp, Delhi-110009.
2.
Damodar Valley Corporation (DVC)
Through its Authorized Representative
Order in Petition No.11/MP/2023
Page 2 of 34
Having its Head Quarters at DVC Towers,
VIP Road, Kolkata-700054.
3.
West Bengal State Electricity Distribution Company Ltd. (WBSEDCL)
Through its Authorized Representative
Vidyut Bhawan, Bidhan Hagar,
Block DJ, Sector-II, Salt Lake City,
Kolkata-700091.
4.
Kerala State Electricity Board Limited (KSEBL)
Through its Authorized Representative
Vydyuthi Bhavanam, Pattom,
Thiruvananthapuram, Kerala- 695004.
5.
Tata Power Trading Company Limited (TPTCL)
Through its Authorized Representative
Shatabdi Bhawan, B-12 & 13,
Sector 4, Noida, UP-201301.
----- Respondents
ORDER
The Petitioner, Maithon Power Limited, has filed the instant petition under
Section 79(1)(b) of the Electricity Act 2003 seeking approval of the Commission for
entering into an Agreement with the Indian Railways for Gati Multi-modal Cargo
Terminal under Gati Shakti Multi-Modal Cargo Terminal (GCT) Policy 2021.
2.
The Petitioner has made the following prayers in the instant petition:
“
(a) Allow the present Petition.
(b) Grant approval to the Petitioner for executing the standard Agreement
with Indian Railways under the GCT Policy, 2021 and transfer the
railway assets created on the Railway Land; and
Order in Petition No.11/MP/2023
Page 3 of 34
(c) Grant approval to the Petitioner to transfer the railway assets created on
non-Railway land, if required subsequently under the GCT Policy, 2021.
(d) Pass such further Order(s) as this Hon’ble Commission may deem fit in
the facts and circumstances of the case.”
Background:
3.
The petitioner, Maithon Power Limited, is a Joint Venture between Tata Power
Company Limited (Tata Power) with an equity participation of 74% and Damodar
Valley Corporation (DVC) with an equity participation of 26% of the generating
station. The Petitioner is a ‘generating company’ as defined under Section 2(28) of
the Electricity Act, 2003 (hereinafter referred to as ‘the Act, 2003’) and has set up
Maithon Right Bank Thermal Power Project, having installed capacity of 1050 MW (2
x 525 MW) at Dhanbad, Jharkhand. The COD of unit I and unit II of the said Station
are 1.9.2011 and 24.7.2012, respectively.
4.
The Petitioner had contracted the entire Installed Capacity of the Project by
entering into Power Purchase Agreements (PPA) with Respondents No. 1 to 4 i.e.
Tata Power Delhi Distribution Limited (TPDDL), DVC, West Bengal State Electricity
Distribution Company Ltd (WBSEDCL) and Kerala State Electricity Board Limited
(KSEBL) and Power Sale Agreements (PSA) with Respondent No. 5 i.e. Tata Power
Trading Company Limited (TPTCL). The details in brief are as follows:
Sl.
No.
Generators/Distribution & Trading
Licensee
Contracted Capacity (MW)
1.
DVC
15
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