CERC issues amendment to deviation settlement mechanism and related matters regulations

The Central Electricity Regulatory Commission (CERC) has issued the third amendment to the CERC (Deviation Settlement Mechanism and Related Matters) Regulations, 2014. In the amendment, the commission has revised the methodology for  computation of charges and levy of additional charges for deviation applicable to renewable energy-rich states for crossing the volume limits specified for overdrawal/under-injection and underdrawal/overinjection of power.