Himachal Pradesh Electricity Regulatory Commission (Multi Year Wheeling Tariff & Retail Supply Tariff) Regulations, 2023

Oct 09, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceHimachal Pradesh Electricity Regulatory Commission (HPERC) on September 27, 2023, issued the Himachal Pradesh Electricity Regulatory Commission (Multi-Year Wheeling Tariff & Retail Supply Tariff) Regulations, 2023.

The foremost provisions have been stated:

• (2)  Scope and Extent of Application:

(2.1) These Regulations shall apply to all the Distribution Licensees in the State of Himachal Pradesh and these Regulations shall extend to the whole of Himachal Pradesh.

• (4) Multi-Year Tariff Framework:

(4.1) The Commission shall determine the tariff for distribution business under a Multi-Year Tariff framework with effect from April 1, 2024.

• (15) Order approving the Business Plan and Tariff Order:

(15.1) The Commission shall scrutinize and approve the business plan after following the due consultation process.

• (20) Treatment of Distribution Loss:

(20.1) The power purchase requirement of the Distribution Licensee at the Transmission- Distribution interface point shall be computed by grossing up the sales with the distribution losses approved by the Commission.

• (39) Segregation of Wheeling Business and Retail Supply Business:

The Distribution Licensee shall maintain separate books of accounts for Wheeling Business and Retail Supply Business.

• (42) Power to amend:

The Commission may, at any time, amend any provisions of these Regulations.

This notification will come into force from October 03, 2023.

For further details, kindly refer to the document attached below.

[Notification No. No. HPERC-F(1)-1/2018]


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