The Government of Madhya Pradesh on March 01, 2024, issued the Madhya Pradesh Electricity Regulatory Commission (Manner of payment of subsidy by the State Government) (Revision-I) Regulations, 2024 {RG-32 (I) of 2024}.
The following has been stated namely: -
• These extend to the whole of Madhya Pradesh
• The Purpose of the regulation is to specify the procedure for subsidy accounting and the manner of subsidy payment in which it shall be paid by the State Government, in accordance with the provisions of the Act and Rules made thereunder.
• Any direct financial grant by the State Government of Madhya Pradesh to compensate any person affected by waiver exemption or reduction directed by the State Government in tariffs as determined by the Commission.
• The Madhya Pradesh Electricity Regulatory Commission (Manner of payment of subsidy by the State Government) Regulation, 2007 superseded.
This shall come into force on March 01, 2024.
[Notification No. /MPERC/2024/573]