Electricity (Amendment) Rules, 2022

Jan 05, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Power (MoP) on December 29, 2022, issued the Electricity (Amendment) Rules, 2022 to further amend the Electricity Rules, 2005.

The following has been stated namely: -

• Rule 10 which states “Appeal to the Appellate Tribunal” has been substituted to “Resolution of Disputes”

• Rule 13 which states “Surcharge payable by Consumers seeking Open Access” has been inserted

• Rule 14 which states “Timely recovery of power purchase costs by distribution licensee” has been inserted

• Rule 15 which states “Subsidy Accounting” has been inserted

• Rule 16 which states “Resource Adequacy” has been inserted

• Rule 17 which states “Development of Hydro Power” has been introduced

• Rule 18 which states “Energy Storage System” has been introduced

• Rule 19 which states “Implementation of Uniform Renewable Energy Tariff for central pool” has been introduced

• Schedule-I which states “Methodology for calculation of tariff for the Month” has been inserted

• Schedule-II which states “Fuel and Power Purchase Adjustment Methodology” has been inserted

 

The following has come into force on December 29, 2022

 

[Notification No. G.S.R. 911(E)]

 


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