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Legal Central Ministry of Power Electricity Act, 2003

Issuance of the Electricity (Amendment) Rules, 2024

10-Jan-2024 | G.S.R. 36 (E)

Issuance of the Electricity (Amendment) Rules, 2024, these amendments aim to simplify regulation, reduce costs for open access users, and ensure cost-reflective electricity tariffs by adding new rules. It applies to both inter-state and intra-state transmission systems, effective from 11th January, 2024. Key Highlights of the update: 1. Dedicated Transmission Lines: A generating company, captive generating plant, or consumer with a load of 25 Megawatt or ten Megawatt for Inter-State Transmission Systems or Intra-State Transmission Systems can establish, operate, or maintain a dedicated transmission line without a license. 2. Wheeling Charges: Formula for calculating transmission fees simplified. 3. State Network Charges: Charges for short-term access capped at 110% of long-term rates. 4. Additional Surcharge: Reduced and eventually eliminated for new open access consumers, capped for others. 5. Tariff Reflectivity: Gap between approved and actual revenue minimized and repaid within defined periods. Kindly refer to the attached document for more information.

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