The Karnataka Electricity Regulatory Commission (KERC) on July 04, 2024, issued the Karnataka Electricity Regulatory Commission (Multi Year Transmission, Distribution and Retail Supply Tariff) Regulations, 2024.
The following provisions have been stated:
• Multi Year Tariff Framework:
o The Commission shall determine the Tariff and Charges for the matters covered under Regulation 2.1, under a Multi-Year Tariff framework for each of the Control Period commencing from FY26 onwards.
o The Multi-Year Tariff framework shall be based on the following elements, for computation of Aggregate Revenue Requirement for Transmission Licensees, Distribution Wires Business, Retail Supply Business, and Charges of SLDC;
• Specific Trajectory for certain variables:
o The Commission shall approve a trajectory while approving the Business Plan, for each year of the Control Period, for certain variables which include, but not limited to, Transmission Losses, Distribution losses, AT&C losses, supply availability and wires availability (SAIFI and SAIDI), billing efficiency and collection efficiency;
o The trajectories approved by the Commission shall form the basis for approval of the forecast of Aggregate Revenue Requirement and also for Annual Performance Review (true-up) of the Aggregate Revenue Requirement;
This notification will come into force from July 04, 2024.
[Notification No DD(Tariff)/2023-24/FTS-1345/ 252]
