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Settlement system of Bilateral transactions under Open Access

Settlement system of Bilateral transactions under Open Access. -V.Balaji Chief Manager SRLDC. Terms & meaning. Open Access – Non-discriminatory Access to Tr. System Nodal RLDC – RLDC where the Drawee utility is located Applicant - Who applies for OA

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Settlement system of Bilateral transactions under Open Access

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  1. Settlement system of Bilateral transactionsunder Open Access -V.Balaji Chief Manager SRLDC

  2. Terms & meaning • Open Access – Non-discriminatory Access to Tr. System Nodal RLDC – RLDC where the Drawee utility is located Applicant - Who applies for OA Customer - Who is granted OA

  3. Category of OA Tx. • Advance - Reservation of Cap. up to a max. of 3 months (for each month) • First Come First Serve – Reservation of Cap. if any, after allotment to Adv. Applicants (upto a max of next 3 months) • Day Ahead/ Reservation of Cap. On Day ahead/ • Contingency - Reservation of Cap. On Day ahead/ same day basis, if any after allotment to Day Ahead

  4. Philosophy • To avoid pan-caking of charges • Reduce cost of power/ burden on end user • Encourage transactions • Reasonable levy of charges for the usage • Fair compensation to the Long term user of Tr. System • Fair compensation to the Owner of Tr. System • Reasonable charges to RLDC/SLDCs

  5. Curtailment in case of Tr. constraint Curtailment? No No refund Yes Refund Pro-rata Charges of Curtailed Capacity

  6. Settlement of Energy Charges Trader Energy Charges Seller Buyer Trader Trader’s commission charges

  7. Settlement of STOA Charges Nodal RLDC CTU Application fee STU/ licensee charges All STUs involved 75% to Long term Customers Nodal RLDC ISTS+ IR link charges CTU 25%of ISTS to CTU for Augmentation Is OA Granted? Yes Operating Charges For RLDCs All RLDCs involved Operating Charges For SLDCs All SLDCs involved

  8. Bilateral Transaction charges • 1) Application fee Rs.5000 per each transaction (Non-refundable) • Along with application for Adv/FCFS • Within 3 working days for DA/Contingency 2) Transmission Charges a) Regional/CTU Tr. Ch. Rs.80/MWh (ps 8/u) for within region Rs.160/MWh (ps 16/u) for b/w adjoining regions Rs.240/MWh (ps 24/u) for wheeling by one or more regions b) STU/SEB/Tr. Licencee Tr. Ch. To be paid only if the Tx is not internalised. as specified by SERC or Rs.80/MWh (ps 8/u)

  9. Bilateral Transaction charges • Operating Charges • Rs. 2000/day for each Tx. • For each RLDC involved • For each SLDC involved (only if not internalised)

  10. Mode of payment to Nodal RLDC • Bank draft/ at par cheque/ electronic money transfer • No outstation cheque • Within 3 working days • Transaction-wise payment details to be submitted in Format -VII

  11. Default • 0.04% simple interest for each day of delay/default • Nodal RLDC may not • schedule the Transaction • Entertain further application in future till dues are cleared

  12. Other Charges • 1) Energy charges • As negotiated mutually based on market conditions, demand-supply position • Rate need not be disclosed to RLDCs • To be directly settled between buyer /seller • Trader to collect and disburse • May be influenced by losses, trading marigin etc. • Charged on energy as reflected in monthly REA • REA to furnish figures @Buyer/seller periphery, IR periphery, Peak/offpeak , Discomwise etc.

  13. Other Charges • Trading marigin • @4ps/u if cost of power =< ps350/u • @ 7ps/u if cost of power > ps350/u • To be collected by Trader directly from the Buyer

  14. Revision in OA schedule • Only for Advance/ FCFS • Min. 2 days notice/request excluding the day of revision • Scheduled OA charges for 2 days to be foregone • OA charges corresponding to Downward revision to be refunded • To be reconciled for previous month and refunded within 15 days of current month

  15. Disbursement Nodal RLDC to • Reconcile all charges for previous month • Disburse to all stake holders within 10 days in current month Disbursement of • CTU charges to concerned RTS • STU charges to concerned STU/SEB • Operating charges to concerned RLDCs • Operating charges to concerned SLDCs

  16. Disbursement RTS • to retain 25% of CTU transmission charges • Balance 75% to give credit in their Transmission Bill (as per weighted Average entitlement to each Long term customer)

  17. Refund When to refund ? • A) Incase of curtailment due to transmission constraints • B) Incase of revision in Schedule How much to refund ? • A) Pro-rata charges for the energy curtailed • B) Retain a minimum of five days of OA charges(Tr and Op ch.) and Refund balance OA charges (transmission charges and operating charges) for the reduction in Energy Deadline for Refund : • Within 15 days of current month for Tx curtalied/revised in previous month

  18. Indemnification No responsibility to Nodal RLDC • In case of Default Indemnify RLDC/ SLDC harmless from All damages/ losses/ claims/ costs etc.

  19. Internalization • As Declared in the Application Buyer/Seller is said to be internalised : • If they are Directly connected to CTU (ex. SEBs, CGS etc.) • In case of an Embedded Customer where The Connected STU is not yet unbundled • In case of organizations where full commercial separation is not in place • When STU charges and losses are not published • If the power purchase rate includes the Tr. Ch. And Losses Implications if internalised : • No Transmission charges • No Scheduling/ operating charges • No Normative Losses

  20. Non-Internalization • As Declared in the Application Buyer/Seller is said to be Not Internalised • If Buyer/Seller is embedded customer (CPP, IPP, HT consumer etc.) • in a not-yet unbundled SEB • In an unbundled state setup case • If Buyer/Seller is a Power purchase centre, Discom in an unbundled setup Implications if Not internalised : • Transmission charges to be paid • Scheduling/ operating charges to be borne • Normative Losses applicable

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