In the matter of CERC (Procedure, Terms and Conditions for Grant of Transmission License and other related matters) Regulations to Banaskantha Transco Limited – EQ
Summary:
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## 📘 **Case Overview**
* **Petitioner:** Banaskantha Transco Limited
* Now known as **POWERGRID Banaskantha Augmentation Transmission Limited**
* A **100% subsidiary** of **Power Grid Corporation of India Ltd. (PGCIL)**
* **Filed Under:**
* **Sections 14 & 15** of the **Electricity Act, 2003**
* Along with the **CERC (Transmission Licence) Regulations, 2024**
* **Project Name:**
**“Augmentation of transformation capacity at Banaskantha (Raghanesda) PS (GIS)”**
(GIS = Gas Insulated Substation)
* **Mode:** **Build, Own, Operate, and Transfer (BOOT)**
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## ⚡ **Transmission Elements**
* **Scope Includes:**
* 2×500 MVA, 400/220 kV Interconnecting Transformers (ICTs)
* 400 kV ICT bays: 2 (+2 for dia completion)
* 220 kV ICT bays: 2
* **COD (Commercial Operation Date):**
Scheduled for **24.03.2027** (24 months from date of SPV acquisition)
* **Dependency:**
All elements must be commissioned **simultaneously** for operation.
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## 📝 **Bidding & Selection**
* **Bid Process Coordinator:** REC Power Development and Consultancy Ltd. (RECPDCL)
* **Method:** Competitive bidding as per **MoP guidelines (Section 63 of the Act)**
* **Winner:** Power Grid Corporation of India Ltd.
* **Winning Bid:** ₹195.22 million (Annual Transmission Charges)
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## 📅 **Key Dates**
| Event | Date |
| ————————- | ————————————————— |
| Prima Facie Order by CERC | 28.06.2025 |
| Public Notice Publication | 02.07.2025 (in *Hindustan Times* & *Dainik Jagran*) |
| Deadline for Objections | 13.07.2025 |
| Final Hearing | 16.07.2025 |
| Final Order | 31.07.2025 |
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## 📌 **Outcome**
* **Transmission Licence Granted** to:
**POWERGRID Banaskantha Augmentation Transmission Limited**
* **Duration:** 25 years (unless revoked earlier)
* **Conditions Include:**
* Follow CERC regulations (2024 and others)
* No electricity trading permitted
* Mandatory license fee payment
* Must allow **non-discriminatory open access**
* Must submit reports, ensure compliance, and conduct **competitive bidding** for EPC
* Comply with load dispatch center instructions and CEA standards
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## 🛠️ **Monitoring**
* **Monitored by:**
* CTUIL (Central Transmission Utility of India Ltd.)
* Central Electricity Authority (CEA)
* Independent Engineer
* They must report lapses to CERC for further action as per the **Transmission Service Agreement (TSA)**
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