Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Generation, Transmission and Distribution Multi Year Tariff) Regulations, 2021

Mar 30, 2021 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Joint Electricity Regulatory Commission (JERC) of Goa on March 22, 2021 has issued the Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Generation, Transmission and Distribution Multi Year Tariff) Regulations, 2021. These Regulations shall be applicable for determination of tariff in all matters covered under these Regulations from FY 2022-23 onwards and up to FY 2024-25, that is from April 01, 2022 to March 31, 2025, unless otherwise reviewed/modified/extended.

The following provisions have been made: 

• The Commission shall determine tariff within the Multi Year Tariff framework, for all matters for which the Commission has jurisdiction under the Act, including in the following cases:

1. Supply of electricity by a Generating Company to a Distribution Licensee. 

2. Intra-State transmission of electricity. 

3. Intra-State wheeling of electricity. 

4. Retail supply of electricity. 

• The Distribution Licensee shall file an application containing separate details for determination of Aggregate Revenue Requirement for Distribution Wires Business and Retail Supply Business, in accordance with Regulation 49 specified in these Regulations. 

• The wheeling charges shall be based on the Aggregate Revenue Requirement determined for the Distribution Wires Business.

• The Retail Supply tariff for retail sale of electricity shall be based on the Aggregate Revenue Requirement determined for the Retail Supply Business.

• The Commission shall also determine Cross-Subsidy Surcharge in addition to the charges for wheeling under the first proviso to sub-section (2) of Section 42 of the Act, in accordance with the Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Connectivity and Open Access in Intra-State Transmission and Distribution) Regulations, 2017, as amended from time to time.)

[Notification No. JERC: 28/2021]


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