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PUNJAB GOVT. GAZ. (EXTRA), MAY 21, 2024 (VYSK 31, 1946 SAKA)
EXTRAORDINARY
Published by Authority
CHANDIGARH, TUESDAY, MAY 21, 2024 (VAISAKHA 31, 1946 SAKA)
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PUNJAB STATE ELECTRICITY REGULATORY COMMISSION
DRAFT NOTIFICATION
The 21st May, 2024
No. PSERC/Secy/Regu. 188.- In exercise of the powers conferred under Section 181 of the Electricity
Act, 2003 (Central Act 36 of 2003) and all other powers enabling the Commission in this behalf and after
previous publication, the Punjab State Electricity Regulatory Commission hereby makes the following Regulations
to amend the Punjab State Electricity Regulatory Commission (Conduct of Business) Regulations, 2005 including
the first to seventh amendments thereof (hereinafter referred as “the Principal Regulations”) namely:-
1.
Short Title and Commencement:
(1)
These regulations shall be called the Punjab State Electricity Regulatory Commission (Conduct of
Business) (8th Amendment) Regulations, 2024.
(2)
These Regulations shall come into force from the date of their notification in the official gazette of
the State.
2.
Amendments in Appendix 7 of the Principal Regulations – Fuel and Power Purchase Adjustment
Surcharge (FPPAS)
Following new proviso shall be added after first proviso of Clause 3 of Appendix 7 of the Principal Regulations
as under:
“Provided further that negative FPPAS in any month shall be carried forward to the next
month and cumulative negative FPPAS of the previous month shall be adjusted against any
positive FPPAS worked out during a subsequent month, in line with the monthly adjustment
provided in the rules.”
Sd/-
Secretary
Note:
The Principal Regulations were issued vide Notification No/PSERC/Secy./Regu. 13 published in
Punjab Govt. Gaz.(Extra) dated 7th March, 2005 and further amended vide:
The 1st Amendment to the Principal Regulations issued vide notification No. PSERC/Secy/Regu.28,
published in Punjab Govt. Gaz.(Extra) dated 7th Sept., 2006