The Maharashtra Electricity Regulatory Commission (MERC) on June 21, 2024, issued the Maharashtra Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024.
The following provisions have been stated:
• Purpose:
o The purpose of these Regulations is to enable the implementation of the Resource Adequacy Framework by designing a system for planning generation and transmission resources to reliably meet forecasted demand by complying with specified reliability standards to supply electricity loads with an optimum generation mix.
Provided that the planning of transmission resources shall be consistent with MERC (State Grid Code), Regulations, 2020, and amendments thereto.
• Assessment of Planning Reserve Margin (PRM)
o The Planning Reserve Margin (PRM) as a percentage of peak load indicates excess generation resources or planning reserves required to be considered for the purpose of generation resource planning.
This notification will come into force from June 21, 2024.
Provided that the time limit prescribed in regulation 21 of these regulations shall continue to apply from the financial year 2025-26.
But further, for the financial year 2024-25 i.e. from April 01, 2024, to March 31, 2025, the time limit shall be notified separately by the Commission.
[Notification No MERC/Technical/Regulations/378]
