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Legal Maharashtra Ministry of Power Electricity Act, 2003

Issuance of Maharashtra Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024

21-Jun-2024 | No. MERC/Tech/Regulation/378

The Maharashtra Electricity Regulatory Commission has issued the Maharashtra Electricity Regulatory Commission (Framework for Resource Adequacy) Regulations, 2024, effective from 21st June, 2024.

Highlights of the amendment are:

1. These Regulations shall extend to the whole of Maharashtra. The timelines specified in Regulation 21 shall be applicable from FY 2025-26. For FY 2024-25, timelines will be separately notified by the Commission.
2. The objective is to implement a Resource Adequacy framework for planning generation and transmission resources to reliably meet projected demand with an optimum generation mix.
3. This framework includes mechanisms for demand assessment and forecasting, generation resource planning, procurement planning, and monitoring and compliance. The planning of transmission resources must be consistent with the MERC (State Grid Code) Regulations, 2020.
4. These Regulations apply to generating companies, distribution licensees, State Load Despatch Centre, State Transmission Utility, full transmission Open Access participants, and other grid-connected entities within Maharashtra. Distribution licensees must consider the demand of partial open access consumers while forecasting their demand for Resource Adequacy planning.

Refer to the attached document for more details.

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