Madhya Pradesh Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024

Mar 13, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Madhya Pradesh Electricity Regulatory Commission (MPERC) on March 08, 2024, issued the Madhya Pradesh Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024.

The following provisions have been stated:

• Objective

o The objective of these Regulations is to enable the implementation of a Resource Adequacy framework by outlining a mechanism for planning of generation resources for reliably meeting the projected demand in compliance with specified reliability standards for serving the load with an optimum generation mix.

o The Resource Adequacy framework shall cover a mechanism for demand assessment and forecasting, generation resource planning, procurement planning, its monitoring and compliance.

• Scope and Applicability

o These Regulations shall apply to the Generating Companies, Distribution Licensees, State Load Despatch Centre, Transmission Companies, other grid-connected entities and stakeholders within the State of Madhya Pradesh.

For further details, kindly refer to the document attached.

[Notification No 616/MPERC/2024]


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