Gujarat Electricity Regulatory Commission Determines Tariff Rates For FY 2024-25

The Gujarat Electricity Regulatory Commission (GERC) released a press note regarding the tariff rates for the fiscal year (FY) 2024-25. The state-owned utilities and distribution licensees filed petitions for tariff determination, adhering to the GERC Multi-Year Tariff (MYT) Regulations, 2016, and the Electricity Act, 2003. Based on these petitions, GERC introduced revisions in existing tariff orders.

The Commission finalized the below-mentioned tariff rates and they will be effective from June 1, 2024:

  1. No changes in scheduled tariff rates for consumers of State-owned Discoms and Torrent Power Limited (Ahmedabad, Gandhinagar, and Surat areas).
  2. Discontinuation of night-time electricity concession for regular consumers, except for those opted for exclusive night-time usage.
  3. Introduced a 10kW connected load ceiling limit for applicability of RGP tariff to small scale Animal Husbandry activities.
  4. Reduction in ‘Green Power Tariff’ from Rs. 1.50 to Rs. 1.00 per kWh.
  5. Continuation of the existing mechanism for Fuel and Power Purchase Price Adjustment (FPPPA) charges.
  6. Increase in the Gujarat Energy Transmission Corporation Limited (GETCO) transmission charges to Rs. 4130.32 per MW per day.
  7. Approval of transmission charge for Short Term Users at 39.09 Paise per Unit.
  8. Approval of State Load Despatch Centre (SLDC) charges at Rs. 4319.57 Lakh for FY 2024-25.
  9. Reduction in Distribution losses in kind for HT network from 9.50% to 8.50% for Open Access consumers.
  10. FPPPA charges for consumers of State-owned Distribution Companies (DISCOMs) are approved at Rs. 2.77 per unit for FY 2024-25.
  11. For consumers of Ahmedabad-Gandhinagar area (Torrent Power Limited), the Base FPPPA charges are approved at Rs. 3.39 per unit.
  12. For consumers of Surat area (Torrent Power Limited), the Base FPPPA charges are approved at Rs. 2.85 per unit.

RECENT UPDATES