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UPERC's draft regulations set new rules for captive, renewable plants
May 12, 2025
|Hindustan Times Lucknow
THE DRAFT REGULATION INCLUDES SEVERAL SIGNIFICANT CHANGES, PARTICULARLY IN AREAS OF ENERGY BANKING, TARIFF DETERMINATION AND FUEL PRICING.
LUCKNOW: The Uttar Pradesh Electricity Regulatory Commission (UPERC) has released the draft UPERC (Captive and Renewable Generating Plants) Regulations, 2024, outlining key provisions to promote renewable energy generation and streamline captive power policies in line with the Electricity Act, 2003.
The draft regulation, which will replace the existing 2019 regulations, includes several significant changes, particularly in areas of energy banking, tariff determination and fuel pricing.
The draft available on the Commission's website proposes differentiated banking provisions for renewable energy (RE) and non-RE captive plants, aligning them with the Green Energy Open Access Rules of the Ministry of Power. Captive plants are power plants set up by a company (like sugar mills) to meet its own energy requirements before selling the surplus to an external source.
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