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CERC Power Grid Corporation of India Limited Station Tariff Order for FY2024-25 to FY2028-29 (Case No. 597/TT/2025)

CERC order dated 6 December 2025 in Case 597/TT/2025: a 73-page station tariff order for Power Grid Corporation of India Limited, covering FY2024-25 to FY2028-29. Full section index with printed page numbers, key facts, and a link to the official order.

Key facts

Issuing authority
Central Electricity Regulatory Commission (CERC)
Case number
597/TT/2025
Order date
6 December 2025
Petitioner
Power Grid Corporation of India Limited (PGCIL)
Entity
Power Grid Corporation of India Limited (PGCIL)
Order type
Station Tariff Order
Control period
Tariff period FY2024-25 to FY2028-29
Tariff regime
Section 62, Electricity Act 2003
Act sections cited
s.62, s.79
Licensee segment
transmission
Asset segment
transmission
State
—
Length
73 pages

About this order

A station tariff order determines the tariff of an individual generating station or transmission asset for a tariff period, based on the capital cost and operating norms in the applicable tariff regulations.

This order was issued by the Central Electricity Regulatory Commission. It relates to the control period, FY2024-25 to FY2028-29. The section index below is extracted from the order’s own structure; page numbers refer to the printed page in the official PDF.

Section index

  1. Backgroundp. 5
  2. Truing up of Annual Fixed Charges for 2019-24 tariff period9 sections · p. 8
    1. Capital Cost for 2019-24 Tariff Periodp. 10
    2. Additional Capital Expenditure (ACE)p. 10
    3. Debt-Equity ratiop. 10
    4. Depreciationp. 11
    5. Interest on Loan (IoL)p. 11
    6. Return on Equity (RoE)p. 15
    7. Operation & Maintenance Expenses (O&M Expenses)p. 18
    8. Interest on Working Capital (IWC)p. 20
    9. Trued-up Annual Fixed Charges for 2019-24 Tariff Periodp. 21
  3. Determination of Annual Fixed Charges for the 2024-29 Tariff Period16 sections · p. 23
    1. Capital Costp. 26
    2. Additional Capital Expenditure (ACE)p. 27
    3. 25. Additional Capitalisation within the original scope and after the cut-off datep. 29
    4. ACE Justification (item-wise replacements, Assets I & II)p. 30
    5. Debt-Equity ratiop. 47
    6. Depreciationp. 50
    7. Interest on Loan (IoL)p. 55
    8. Return on Equity (RoE)p. 57
    9. Operation & Maintenance Expenses (O&M Expenses)p. 60
    10. Interest on Working Capital (IWC)p. 63
    11. Annual Fixed Charges of the 2024-29 Tariff Periodp. 63
    12. Filing Fee and Publication Expensesp. 66
    13. Fees and Charges of Central Transmission Utility of India Limited (CTUIL)p. 66
    14. License Fee and RLDC Fees and Chargesp. 66
    15. Goods and Services Taxp. 66
    16. Security Expenses, Insurance and Capital Sparesp. 68
  4. Sharing of Transmission Chargesp. 70

Index extracted from the official order. Page numbers are the printed page in the PDF; front-matter (table of contents, abbreviations) is not indexed.

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About this page

Official order PDF (CERC) · 73 pages.

Case details, dates and the section index on this page are extracted directly from the official order published by CERC. This page was assembled by CtrlPeriod Research using automated document analysis; it does not reproduce the order’s determined tariff figures. It is a research aid, not legal or financial advice — verify against the official order before relying on it.