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Legal Central Ministry of Power Electricity Act, 2003

Central Electricity Regulatory Commission notifies effective date for the Deviation Settlement Mechanism and Related Matters Regulations, 2024 and various amendments thereunder

10-Dec-2024 | No. L-1/260/2021/CERC.

Central Electricity Regulatory Commission (CERC) via notification dated 10th September 2024 has notified the effective date for the CERC Deviation Settlement Mechanism and Related Matters Regulations, 2024. As per the notification, CERC has stated that the said regulations shall come into effect from 16th September 2024. Further however, via notification published in the official gazette dated 30th September 2024, the CERC stated that all the provisions except Regulation 8(8) of the said regulations shall come into effect from 00.00 hours of 16.09.2024, and the date of effectiveness of Regulation 8(8) shall be 00.00 hours of 01.11.2024 and until the period ending 24.00 hours of 1st November 2024. Additionally, however, before the said period, para 27(3)(a) of the Order dated 06.02.2023 in Petition No. 01/SM/2023 shall continue to be in operation. In furtherance of this however, the CERC via notification published in the official gazette dated 5th November 2024 revoked the above mentioned time stamp for effectiveness of Regulation 8(8) of the said regulations, and instead notified that Regulation 8(8) of the regulation shall come into effect from 00.00 hours of 1st December 2024. In continuance and in suppression of the above however, by virtue of notification dated 10th December 2024, the CERC revoked the effectiveness of Regulation 8(8) on the above mentioned date, and extended the effective date of the provision to be 00.00 hours of 23.12.2024. Additionally, by virtue of notification published the gazette dated 27th November 2024, CERC has stated various corrections to the said regulations in the official gazette dated 27th November 2024. Please refer the attached documents for further details.

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