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Legal Uttar Pradesh Ministry of Power Electricity Act, 2003

Commencement of Uttar Pradesh Electricity Regulatory Commission (Modalities of Tariff Determination) Regulations, 2023

28-Feb-2023 | UPERC/Secy./Regulation/746

Uttar Pradesh Electricity Regulatory Commission has issued Uttar Pradesh Electricity Regulatory Commission (Modalities of Tariff Determination) Regulations, 2023, effective from 28th of February, 2023. The Highlights of Uttar Pradesh Electricity Regulatory Commission (Modalities of Tariff Determination) Regulations, 2023 are: - i. All existing power generating projects for which tariff is currently being determined in accordance with Regulated Tariff Mechanism (RTM), including those whose PPA(s) have been approved by the Commission for RTM, shall be grandfathered and accordingly these projects will continue to be covered under RTM framework and their tariffs will be determined under Section 62 for the remainder of the PPA period or life of the plant, whichever is earlier. ii. Expansion of existing state owned and controlled power generating projects will be allowed under Section 62 and their tariffs shall be determined based on norms specified in the UPERC (Terms and Conditions of Generation Tariff) Regulations. iii. It provides for the Transmission Plan prepared by STU (State Transmission Utility) for five-year and All intra-State transmission projects shall be consistent with the STU Transmission Plan. No intra-State transmission project shall be considered for implementation, unless the project is a part of the STU Transmission Plan and has been duly approved by the Commission iv. It further provides for Tariff Determination for intra-State transmission projects having less than 220 KV voltage level. For more details, kindly refer the attached documents.

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