EXTRAORDINARY
Published by Authority
CHANDIGARH, MONDAY, JUNE 5, 2023 (JYAISTHA 15, 1945 SAKA)
PUNJAB STATE ELECTRICITY REGULATORY COMMISSION
NOTIFICATION
The 2nd June, 2023
No. PSERC/Secy/Regu. 176 .-In exercise of the power conferred on it by section 181 (2)read with section 61 and 62 of the Electricity Act 2003 (36 of 2003) and all other powers enabling the Commission in this behalf ,the Punjab State Electricity Regulatory Commission hereby makes the following Regulations to amend the Punjab State Electricity Regulatory Commission (Terms and Conditions for Determination of Generation, Transmission, Wheeling and Retail Supply Tariff, Regulations, 2022 including the first amendment thereof (hereinafter referred as "the Principal Regulations") namely:-
1. Short Title and Commencement:
(1) These Regulations may be called the"Punjab State Electricity Regulatory Commission (Terms and Conditions for Determination of Generation, Transmission, Wheeling and Retail Supply Tariff) (2nd Amendment) Regulations, 2023:-
(2) These Regulations shall come into force from the date of their notification in the official gazette of the State.
2. Amendment in Regulation 47 of the Principal Regulations- FUEL COST ADJUSTMENT(FCA)
Regulation 47 of the Principal Regulations shall be substituted as under:
"47. FUEL AND POWER PURCHASE ADJUSTMENT SURCHARGE" (FPPAS)
Any change in fuel cost, power purchase cost and transmission charges with reference to cost of supply approved by the Commission shall be calculated and billed to the consumers according to the FPPAS formula and in the manner as specified in the PSERC (Conduct of Business) Regulations, 2005as amended from time to time."
By Order of the Commission
Sd/-
SECRETARY
Note:The Principal Regulations were issued vide Notification No. PSERC/Secy/Regu.165 published in Punjab Govt. Gaz.(Extra) dated 27th October, 2022 and further amended vide:
The 1st Amendment to the Principal Regulations issued vide notification No. PSERC/Secy/Regu. No. 171