Draft HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) (Fourth Amendment) Regulations, 2020

Apr 09, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Himachal Pradesh Electricity Regulatory Commission (HPERC) on March 23, 2020, has published the Draft HPERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) (Fourth Amendment) Regulations, 2020, to further amend the HERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2017.

The following amendments are as under:             

Ø  Under Rule 9(1) which specifies the control period or review period, additional proviso shall be inserted, immediately after the second proviso, namely:

Provided further that the third control period for the small hydro projects under these regulations will start from April 01, 2020 and end on March 31, 2025.

Ø  Under Chapter - IV, following PART shall be inserted, namely:

PART-III Financial Principles: Applicable from April 01, 2020 to March 31, 2025.

Ø  Under Chapter – V, following PART shall be inserted, namely:

PART-III Technology Specific Parameters for Small Hydro Projects: Applicable from April 01, 2020 to March 31, 2025.        

HPERC keeping in view that the next control period shall commence from April 01, 2020, proposes the financial parameters for all Renewable Energy (RE) technologies for third control period and the technical parameters for SHPs by considering various State specific aspects, technical parameters considered in the previous RE Regulations and inputs provided by the Directorate of Energy.

Therefore, HERC publishes the Draft HERC (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) (Fourth Amendment) Regulations, 2020, which will taken into consideration  after the expiry of sixty (60) days from the date of publication of this notification in the Rajpatra, Himachal Pradesh.

The objections or suggestions in this behalf should be addressed to the Secretary, Himachal Pradesh Electricity Regulatory Commission, Vidyut Aayog Bhawan, Block-37, SDA Complex, Kasumpti-171009(HP).

These regulations will come into force from April 01, 2020.

[Notification No. HPERC/428]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.