HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) (Third Amendment) Regulations, 2019

Nov 20, 2019 | by Avantis RegTech Legal Research Team


Commercial Compliance

The Himachal Pradesh Electricity Regulatory Commission (HPERC) on November 11, 2019, has published the HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) (Third Amendment) Regulations, 2019 to further amend the HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017.

Some of the major amendments in the (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017 are as under:       

Ø  Under Regulation 9 which specifies the Control period or review period, after the existing first proviso in sub-regulation (1), the following second proviso shall be inserted, namely:

Provided further that the second control period for the small hydro projects under these regulations shall start from October 01, 2019 and shall end on March 31, 2020.

Ø  Regulation 13(1) which specifies the tariff options or applicability, clause (a) and the first proviso has been substituted.

Ø  After regulation 32, PART-II has been inserted, namely:

FINANCIAL PRINCIPLES (Applicable from October 01, 2019 to March 31, 2020).

These regulations shall come into force from October 01, 2019.

[Notification No. HPERC/428]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.