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Legal Himachal Pradesh Ministry of New and Renewable Energy Electricity Act, 2003

Himachal Pradesh Electricity Regulatory Commission issues the Himachal Pradesh Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024

20-May-2024 | NA

The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued the Himachal Pradesh Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2024 via notification dated 20th May 2024 in the official gazette of Himachal Pradesh. The said regulations shall come into effect on 1st July 2024. Highlights of the issued Regulation are as follows: 1. The regulation aims to maintain grid discipline and grid security, as envisaged under the Central Electricity Regulatory Commission (Indian Electricity Grid Code) Regulations, 2023 and Himachal Pradesh state grid codes. 2. The regulation is applicable to buyer and sellers, including distribution licensees, state sector generating stations and open access customers. 3. The regulation highlights various principles for operationalising deviation settlement mechanisms such as scheduling period, premise for least cost despatch, deviation and computation etc as per Regulation 5. 4. The regulation also highlights the charges of deviation as per Regulation 7. 5. The regulation also highlights the accounting of charges for deviation and billings under Regulation 10. 6. Under Regulation 11, special provisions for open access customers who are also retail consumers of distribution licensee has been elaborated. For more information, please refer to the document attached hereby.

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