Background
The Power Grid Corporation of India Limited (PGCIL) has filed a petition before the Central Electricity Regulatory Commission (CERC) under Sections 79(1)(c) and 79(1)(d) of the Electricity Act, 2003. The case involves the non-inclusion or de-capitalization of assets that are no longer in use following technical upgrades or modifications. Respondents include the Northern Regional Power Committee and 54 others.
Proceedings
- As of the hearing date, only four respondents had filed their replies.
- The Commission granted an additional two weeks for the remaining respondents to submit responses.
- PGCIL has been allowed to file rejoinders within two weeks thereafter.
- The Commission also directed PGCIL to file an affidavit with additional details, including:
- A list of assets where unrecovered depreciation is being claimed, with supporting documents.
- Approvals for decommissioning or replacement from CTUIL, CEA, RPC, or other competent authorities.
Next Hearing
The matter will be taken up again on October 14, 2025.
Why It Matters
This case highlights regulatory scrutiny over how transmission utilities handle asset de-capitalization and recovery of depreciation. The outcome will influence financial treatment of obsolete infrastructure and compliance requirements for future upgrades.
