The Gujarat Electricity Regulatory Commission (GERC) on August 19, 2026, issued the Gujarat Electricity Regulatory Commission (Terms & Conditions for Green Energy Open Access) (Sixth Amendment) Regulations, 2026 to further amend the Gujarat Electricity Regulatory Commission (Terms and Conditions for Green Energy Open Access) Regulations, 2024.
The following amendment has been stated:
• Regulation 1(4) of the Principal Regulations shall be substituted as under:
“1. Short Title, Extent and Commencement
4) The Banking Charge at a rate of Rs. 1.00 per unit shall be effective from 1st September 2026 up to 31st March 2027, and thereafter the Banking Charges for the period starting from 1st April 2027 onwards shall be determined as per the provisions of Regulation 17.6 of these Regulations, as amended from time to time.
Provided that in case the Banking Charges are not determined in accordance with the provisions of Regulation 17.6 of these Regulations, the Commission may, through a separate order, decide to continue the existing Banking Charges till such period the Banking Charges are determined in accordance with the provisions of Regulation 17.6 of these Regulations.”
• Regulation 17.6(viii) of the Principal Regulations shall be substituted as under:
“17.6. Banking facility and Charges
(viii) The banking charges as computed by the Commission based on the methodology/computation as provided in Annexure-I to these Regulations and data provided by the Distribution Licensees shall remain applicable till 31st March 2027. Thereafter, the banking charge for each financial year starting from 1st April 2027, shall be determined in accordance with the provisions of these Regulations, based on the analysis of the data/information, for the immediately preceding calendar year or such period as may be specified by the Commission, to be provided by the Distribution Licensees in line with first proviso to this Regulation.
Provided that all Distribution Licensees shall mandatorily maintain and provide through a duly sworn/affirmed affidavit, complete, accurate and sufficient data/information for computation of Banking Charges, in accordance with the provisions of these Regulations, in the manner, format and timelines, as may be specified by the Commission in this regard, through issuance of separate guidelines/procedure to be adhered by the Distribution Licensee(s). The Commission may get such data/information provided by the Distribution Licensee(s) verified by SLDC or such other means as it may deem fit.
Provided further that, the Commission may also consider determining a common banking charges applicable for all State Government owned Distribution Licensees (i.e. DGVCL, PGVCL, MGVCL and UGVCL) and/or small Distribution Licensees, who are procuring power solely from abovesaid State Government owned Distribution Licensee(s).
Provided further that the Commission may also consider determining a common Banking Charge applicable to multiple private Licensees having common power procurement. Provided further that, in the case of existing Distribution Licensees supplying electricity in SEZs, SIRs, Ports and any new Distribution Licensees, the Commission may consider applying Banking Charges as applicable to the State Government owned Distribution Licensees, as mentioned in the earlier proviso.
Provided further that, with a view to providing certainty to the Green Energy Open Access consumers and Distribution Licensees, the Commission may consider limiting the variation in Banking Charges computed as per above, within a floor rate of Rs. 0.50 per unit and ceiling rate of Rs. 1.50 per unit, subject to the condition that the Distribution Licensee has provided complete, accurate and sufficient data/information in the manner and timelines as specified by the Commission as per the first proviso above. In case a Distribution Licensee has not provided complete, accurate and sufficient data/information in the manner and timelines as specified by the Commission as per the first proviso above, the Banking Charges shall be considered as ‘Nil’ for such Distribution Licensee, till such data/information is provided, to the satisfaction of the Commission and the Commission shall determine the banking charges in accordance with these Regulations. The Banking Charges so determined by the Commission shall be applicable from the date of such determination or from such other date as may be specified by the Commission in its order.
Provided further that, in case Banking Charges are considered as ‘Nil’ for any of the Distribution Licensee(s) as per the previous proviso, the deemed revenue is to be considered equivalent to 1 paisa per unit per annum of the total energy handled during the year, computed on a pro-rata basis for the number of days during which the Banking Charges remained ‘Nil’ for such Distribution Licensee, and adjusted while determining the Aggregate Revenue Requirement, which ensure that the consequence of noncompliance with data submission requirements is not passed on to Green Energy Open Access consumers or other consumers.”
These Regulations shall come into force from August 19, 2026.
[Notification No. GERC/2026/07/Tariff/1668]
