Electricity Distribution (Accounts and Additional Disclosure) Rules, 2024

The Government of India has introduced new regulations for electricity distribution companies, aiming to improve transparency and financial accountability. The rules clarify the recognition of revenue and income, ensuring that only tariff-approved items can be recognized as revenue. They mandate specific provisioning requirements for trade receivables from different customer categories, with higher provisions for overdue payments.

September 2024 Escalation Rates For Imported Coal

The cost of imported coal has seen a decrease to 0.24%. The cost of transporting imported coal has also decreased by 2.15%. The cost of handling imported coal within India has increased to 0.61%.

Staff Paper On Modifications In The General Network Access Regulations

The Central Electricity Regulatory Commission (CERC) has invited comments from stakeholders on a proposed Staff Paper outlining potential modifications to the Central Electricity Regulatory Commission (Connectivity and General Network Access to the inter-State Transmission System) Regulations, 2022 (GNA Regulations). Stakeholders can submit their comments and suggestions on the Staff Paper by November 11, 2024, via email to secy@cercind.gov.in and shilpa@cercind.gov.in.

HPPCL Issues Procurement and Grievance Redressal Mechanism

The Himachal Pradesh Power Corporation Limited on September 29th 2024 notified regarding the Procurement and Grievance Redressal Mechanism (PGRM) The following has been stated in detailed: Annexure 1: Form for Filing Procurement Grievances and Complaints https://www.legalitysimplified.com/wp-content/uploads/2024/10/HPPCL-1.pdf Annexure 2: Letter Template for Acknowledgement of Procurement Grievances of Procurement Grievances/ Complaints https://www.legalitysimplified.com/wp-content/uploads/2024/10/HPPCL-2.pdf Annexure 3: Format For Disclosure […]