The Government of Jharkhand on December 14, 2023, notified the Jharkhand State Electricity Regulatory Commission (Terms and Conditions for Determination of Distribution Tariff) (First Amendment) Regulations, 2023 to amend the Jharkhand State Electricity Regulatory Commission (Terms and Conditions for Determination of Distribution Tariff) Regulations, 2020.
The following has been stated: -
•Amendment to Chapter A 3
In the Principal Regulations, under chapter A3 ‘Definitions and Interpretation’ the following definition shall be inserted:
30. ‘Average Cost of Supply’ or ‘ACoS’ shall mean the average cost price of supply of one unit of electricity.
31. ‘Fuel and Power Purchase Adjustment Surcharge’ or ‘FPPAS’ shall mean the increase in cost of power, supplied to consumers, due to a change in Fuel cost, power purchase cost, and transmission charges with reference to the cost of supply approved by the Commission.
•Amendment to Clause 10.46
In the Principal Regulations, Clause 10.46 shall be substituted as follows:
10.46. Any variation in the cost of power, supplied to consumers, due to changes in Fuel cost, power purchase cost, and transmission charges with reference to the cost of supply approved by the Commission, for reasons beyond the control of the Licensee, shall be allowed to be recovered by way of FPPAS as per the mechanism specified from Clause 10.65 to Clause 10.74E of these Regulations.
These Regulations shall come into force from December 22, 2023, and unless reviewed earlier or extended by the Commission, shall remain in force up to March 31, 2026.
The detailed notification is given in the document attached below.
[Notification No. 94]
