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

Oct 07, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Karnataka Electricity Regulatory Commission (KERC) on September 24, 2024, issued the Karnataka Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024.

The following has been stated:

• Objective:

o The objective of these Regulations is to enable the implementation of 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, power procurement planning, and monitoring and compliance.

• Scope and Applicability:

These Regulations shall apply to the generating companies, distribution licensees, State Load Despatch Centre, State Transmission Utility, Transmission licensees and other grid connected entities and stakeholders within the State of Karnataka.

This notification will come into force from September 24, 2024.

[Notification No KERC/F-30/Vol-10/690]


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