The Punjab State Electricity Regulatory Commission (PSERC), on August 19, 2026, has notified the Punjab State Electricity Regulatory Commission (Conduct of Business) (10th Amendment) Regulations, 2026 under Section 181 of the Electricity Act, 2003. The Regulations amend the principal Conduct of Business Regulations, 2005, including its first to ninth amendments, and come into force from the date of publication in the State Official Gazette.
The amendment substitutes Clause 4 of Appendix 7, relating to the Fuel and Power Purchase Adjustment Surcharge (FPPAS). Under the revised provision, a distribution licensee may decide to carry forward the FPPAS, or part of it, to the subsequent month in order to avoid a tariff shock to consumers.
The carry-forward of FPPAS is subject to a maximum period of two months and is applicable only where the total FPPAS for a billing month, including any amount carried forward, satisfies the conditions prescribed under the amended provision. The extract provided ends midway through the condition, so the complete threshold/condition cannot be stated from the supplied text.
[No. PSERC/Secy/Regu.210]
