CEA issues O&M guidelines and standard format for MoU between new and existing TSP

The CEA has issued operation and maintenance (O&M) guidelines and standard format for memorandum of understating (MoU) between new and existing transmission service provider (TSP). As per these guidelines, for all upcoming and under bidding TBCB projects, existing substation owner or agency of existing substation owner shall carry out the O&M activities in case of any bay extension as well as in case of voltage expansion works in the existing substation. The O&M charges to be paid by the new TSP to the existing substation owner, for the relevant year, shall be 30 per cent of the normative O&M expenses of relevant voltage level and transformer capacity as specified for that particular year in Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations as issued from time to time.