Draft Karnataka Electricity Regulatory Commission (Intra-State Deviation Settlement Mechanism and Related Matters) Regulations, 2024

Oct 01, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Industry Specific ComplianceThe Karnataka Electricity Regulatory Commission (KERC) on September 28, 2024, issued the Draft Karnataka Electricity Regulatory Commission (Intra-State Deviation Settlement Mechanism and Related Matters) Regulations, 2024.

The following has been stated namely: -

• It shall apply to the State of Karnataka and to all Inter / Intra-State Entities connected with STU in Karnataka in a manner as specified in these Regulations.

• It aims to ensure grid users adhere to their scheduled electricity drawal and injection for the grid's security and stability through a commercial mechanism.

• Chapter 4 states about the Availability Based Tariff (ABT) includes fixed/capacity charges linked to generator availability, energy/variable charges based on scheduled energy, and deviation charges for discrepancies between actual and scheduled generation or drawal.

• Chapter 6 states about the computation of deviation charges.

Refer to the attached document for detailed notification.

The stakeholders shall submit their objections/suggestions/views on the proposed draft on or before October 24, 2024, to “The Secretary, Karnataka Electricity Regulatory Commission, No 16, C-1, Miller Tank Bed Area, Vasanthanagar, Bengaluru-560052”.

[Notification no. - KERC/S/2024/693]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT