Financial & Commercial Appraisal Division
Financial & Commercial Appraisal Division - Brief Description
Chief Engineer : Shri Gautam Ghosh
Activity of Financial & Commercial Appraisal Division
- Nodal division in CEA for Nuclear Power: Driving the efforts of power sector on 100 achieving GW
nuclear capacity by 2047. Examination of proposals of Nuclear Power Corporation of India Ltd. for fixation of power
tariff of Nuclear Power Projects. - Striving for a robust and sustainable hydro power sector: Financial & Commercial Appraisal of
Detailed Project Reports of Hydro Power Projects for Concurrence. Exploring innovative models towards a sustainable
hydro tariff. Leading tariff negotiations of Hydro projects of neighbouring countries like Bhutan, Nepal etc. - Nodal division in CEA for Green Hydrogen: Exploring mechanisms towards facilitating a green
hydrogen economy in the country. Establishing the grid as a single bidding zone to facilitate synergies with
international requirements. Exploring alternative mechanisms of utilization of green hydrogen in the power sector. - Driving Competition in the Power Sector: Preparation of guidelines and Standard Biding Documents
for tariff based competitive bidding for Thermal Generation Renewable Generation and Transmission projects. Ironing
out issues in implementation of policies ensuring stakeholder concerns. - Policy and Advocacy centre of CEA: Lead division for preparation of Tariff Policy, National
Electricity Policy. Playing a major role in Rule making under the Electricity Act to facilitate electricity to all
consumers at lowest cost. - Financial examination of proposals of national interest: Examining the Feasibility Report (FRs),
Revised Cost Estimates (RCEs) and Public Investment Board (PIB) proposals. Financial impact analysis of technology
modifications and adaptations. Examination of proposals for renewable generation schemes from financial and
commercial aspects. - Advisory and Information dissemination: Advice on financial & Commercial aspects to Central/
State/ Private and other Power Utilities/ Govt. Departments etc. Framing reply to the Parliament questions, VIP
references on above issues. - Decarbonization and Climate Finance: Part of the team driving implementation of Indian Carbon
Market and Climate Finance Taxonomy for the power sector.
Financial & Commercial Appraisal Division - Guidelines for Procurement of Power under
Section 63 of the Act
Financial & Commercial Appraisal Division - Nuclear
Financial & Commercial Appraisal Division - Reports
Need for a national framework for the rationalization of fixed charges and restructuring of tariffs
Comments on Draft Central Electricity Regulatory Commission (Terms and Conditions of Tariff) (Second Amendment) Regulations, 2025
CEA report on scope of cost reduction
Comments on Draft Electricity (Amendment) Bill, 2025
Proposed amendments to TBCB Guidelines/ SBDs for transmission projects
Draft Guidelines for procurement of power from waste to energy power through tariff based competitive bidding route
Way Forward for addressing probable challenges in monetization of state transmission assets
Financial & Commercial Appraisal Division - Other Reports
Concept note of Virtual Power Purchase Agreement and Renewable Energy Commitment Certificate
Background note for considering India as single bidding zone for export of green hydrogen to European Union
Report on full utilization of Transmission Capacity and to assist planning for development of RE resources while optimizing the total cost (cost of generation and the transmission)
Report on issues related to banking for Green Hydrogen/Green Ammonia projects
Deliberations in sensitization workshop held on 06.12.2024 on monetisation of transmission asset
Draft Alternate Mechanism for levying uniform monthly surcharge along with the tariff, instead of monthly varying Fuel and Power Purchase Adjustment Surcharge to avoid tariff shock to the consumers
Guiding Principle for streamlining of O&M expenses of distribution companies were prepared
Proposed modifications in Additional Prudential Norms In order to ensure sustainable level of borrowing by distribution companies, transmission companies and generating companies
Comparison of railway freight vis-à-vis transmission charges for taking a decision on locating pit head plants or non-pit head plant
Methodology to determine per unit Electricity Charges for Rooftop Solar on Government Buildings under PM Surya Ghar: Muft Bijli Yojana for Mechanism-I (SIP owned deployment)
Report on Audit Team to assess the fair price of major RE power equipment and the fair tariffs for RE power
Business cases for sale of storage power