Home India Central Electricity Regulatory Commission notification of the new Terms and Conditions for Tariff Dete...
Date: 25-Jul-2023 Category: Extra Ordinary State: Union Government Country: India

notification of the new Terms and Conditions for Tariff Determination from Renewable Energy Sources Regulations, whichever is earlier.

Issued by Central Electricity Regulatory Commission · Not Applicable

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Executive Summary & Key Takeaways

What it means

  • The gazette notification pertains to the extension of the applicability of the Renewable Energy Tariff Regulations, 2019 for the State of Goa and Union Territories by the Joint Electricity Regulatory Commission (JERC).

Key Changes

  • The Renewable Energy Tariff Regulations, 2019, which were initially applicable until July 23, 2022, and subsequently extended to July 23, 2023, have now been extended further.
  • The extension is valid until further orders are issued by the JERC or until new regulations for tariff determination from Renewable Energy Sources are notified, whichever occurs first.

Impact Analysis

Renewable Energy Generators/Producers in Goa and UTs

  • Action Item: Stay informed about any new regulations that may be issued, which could supersede the current extension.

Electricity Consumers in Goa and UTs

  • Action Item: Monitor any announcements regarding new tariff regulations to understand potential impacts on electricity costs.

Joint Electricity Regulatory Commission (JERC)

  • Action Item: The JERC needs to prioritize the formulation and notification of new regulations to replace the extended Renewable Energy Tariff Regulations, 2019 to ensure long term regulatory clarity.

Electricity Distribution Companies (DISCOMs) in Goa and UTs

  • Action Item: DISCOMs should continue to adhere to the Renewable Energy Tariff Regulations, 2019, until new regulations are notified.

Investors in Renewable Energy Projects

  • Action Item: Investors should track the release of any new regulations to assess their impact on future investments.

Key Entities Referenced

Joint Electricity Regulatory Commission (JERC): The regulatory body responsible for tariff determination and other regulatory functions in the electricity sector for the State of Goa and Union Territories. Electricity Act, 2003: The principal legislation governing the electricity sector in India, which grants powers to the JERC. Renewable Energy Tariff Regulations, 2019: The regulations that define the terms and conditions for tariff determination from renewable energy sources in Goa and Union Territories. These regulations have been extended by this notification. State of Goa and Union Territories: The geographical areas to which this notification and the Renewable Energy Tariff Regulations, 2019 apply.
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रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-एच.आxxरx.G-अID.H-2xx6x0 72023-247612 CG-HRxx-xEG-I2D6E0x7x2x0 23-247612 असाधारण EXTRAORDINARY भाग III—खण् ड 4 PART III—Section 4 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 520] नई ददल्ली, मगं लदार, जुलाई 25, 2023/श्रादण 3, 1945 No. 520] NEW DELHI, TUESDAY, JULY 25, 2023/SHRAVANA 3, 1945 सयं क्ु त जद्तु जदजनयामक ययगग (गगदा राज्य रर सघं राज्य ््र े के जलए अजधसचू ना गुरुग्राम, 3 जुलाई, 2023 फा. स.ं जईे यरसी-25/2019.—जद्ुत अजधजनयम, 2003 के खंड (जडे डी , (जेडई , रर (जेडएफ के साथ पठित धारा 181 की उप-धारा (1 के तहत प्रदत्त िजियों रर इसकी ओर से ययगग की समथथकारी अन्य सभी अजधकारों का प्रयगग करत े हए, गगदा राज्य रर केंद्र िाजसत प्रदेिों के जलए संयुि जद्ुत जदजनयामक ययगग, जपछले प्रकािन के बाद, इसके द्वारा जनम्नजलजखत यदेि जारी करता ह:ै - गगदा राज्य रर केंद्र िाजसत प्रदेिों के जलए संयुि जद्ुत जदजनयामक ययगग (नदीकरणीय ऊजाथ स्रगतों से टैठरफ जनधाथरण के जलए जनयम रर ितें जदजनयम 2019 (इसके बाद "नदीकरणीय ऊजाथ टैठरफ जदजनयम, 2019" के रूप म ें संदर्भभत 23 जुलाई, 2022 तक लाग ूथे रर 23 जुलाई, 2023 तक बढा ददये गए । नदीकरणीय ऊजाथ टैठरफ जदजनयम, 2019 के जदजनयम 5 के अनुसरण म,ें ययगग उि जदजनयमों की प्रयगज्यता की अदजध कग अगल े यदेि तक या नदीकरणीय ऊजाथ स्रगतों स े टैठरफ जनधाथरण के जलए नए जनयम रर ित ें जदजनयम की अजधसूचना तक, जग भी पहल े हग, तक बढाता ह।ै एस.डी.िमा,थ सजचद (प्रभारी) [जदज्ञापन-III/4/असा./303/2023-24] 4801 GI/2023 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4] JOINT ELECTRICITY REGULATORY COMMISSION (For the state of Goa and Union Territories) NOTIFICATION Gurugram, the 3rd July, 2023 F. No. JERC-25/2019.—In exercise of the powers conferred under Sub-section (1) of Section 181 read with Clauses (zd), (ze) and (zf) of the Electricity Act, 2003 and all other powers enabling the Commission in this behalf, the Joint Electricity Regulatory Commission for the State of Goa and Union Territories (UTs), after previous publication, hereby issue the following Order: - The Joint Electricity Regulatory Commission for the State of Goa and Union Territories (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations 2019 (hereinafter referred as “Renewable Energy Tariff Regulations, 2019”) were applicable up to 23rd July, 2022 and was extended till 23rd July, 2023. In pursuance of Regulation 5 of the Renewable Energy Tariff Regulations, 2019, the Commission extends the period of applicability of the said regulations till further orders or till the notification of the new Terms and Conditions for Tariff Determination from Renewable Energy Sources Regulations, whichever is earlier. S.D.SHARMA, Secy. (I/c) [ADVT.-III/4/Exty./303/2023-24] Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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