The Joint Electricity Regulatory Commission (JERC) on November 09, 2023, issued the Joint Electricity Regulatory Commission for the UT of J&K and the UT of Ladakh (Guidelines for Load Forecasts, Resources Plans, and Power Procurement Process) Regulations, 2023.
These Regulations shall apply to Jammu and Kashmir Power Corporation Ltd (JKPCL) and all the Distribution Licensees in the territory of the UT of Jammu & Kashmir and the UT of Ladakh and shall be applicable to all inter/intra-state purchases of power from conventional and renewable sources made or proposed to be made by Jammu and Kashmir Power Corporation Ltd (JKPCL) or by any Distribution Licensees.
The following provisions have been stated:
• Power Procurement Plan:
1) The Distribution Licensee along with JKPCL shall prepare the power procurement plan for a period of 5 years with due regard to the requirement of electricity in its area of supply. The plan may include long-term, medium-term, and short-term sources of power purchase, as per demand-supply position, in accordance with these Regulations.
2) The Power Procurement plan presents a framework for long-term forecasting of power demand, energy requirement, and supply positions and the need for the development of Long/ Medium/Short Term Power purchase agreements/arrangements with:
a) State-owned old as well as new generation sources;
b) Central sector plants;
c) Independent power producers (IPP);
d) Captive Power Plants;
e) Power Trading Companies;
f) Power Market; and
g) Any other source.
• Constitution of A Dedicated Cell:
1) It states that the cell should have the requisite capability and tools for energy forecast. The cell shall coordinate and consult with the Distribution Licensees to do the energy forecasting. The cell shall have the power to purchase/sell the energy in real-time, intra-day, day-ahead, week ahead, or any longer duration through Power Exchanges or any other means. JKPCL shall frame suitable guidelines for the modus operandi of the dedicated cell in line with the spirit of this Regulation and apprise the Commission of the same within 45 days of the coming into force of these Regulations.
This notification will come into force from November 09, 2023.
[Notification No JERC-JKL/REG/2023/12]
