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EXTRAORDINARY

Published by Authority

CHANDIGARH, THURSDAY, AUGUST 20, 2026 (SRAVANA 29, 1948 SAKA)

PUNJAB STATE ELECTRICITY REGULATORY COMMISSION

NOTIFICATION

The 19th August, 2026

No.PSERC/Secy/Regu.210.-In exercise of the powers conferred under Section 181 of the

Electricity Act, 2003 (Central Act 36 of 2003) and all 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 ninth 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) (10^th Amendment) Regulations, 2026.

(2) These Regulations shall come into force from the date of their publication in the official

gazette of the State.

2. Amendments in Appendix 7 of the Principal Regulations – FUEL AND POWER

PURCHASE ADJUSTMENT SURCHARGE (FPPAS)

Clause 4 of Appendix 7 of the Principal Regulations shall be substituted as under:

“The distribution licensee may decide, fuel and power purchase adjustment surcharge or a part

thereof, to be carried forward to the subsequent month in order to avoid any tariff shock to

consumers, but the carry forward of fuel and power purchase adjustment surcharge shall not

exceed a maximum duration of two months and such carry forward shall only be applicable, if

the total fuel and power purchase adjustment surcharge for a Billing Month, including any

carry forward of fuel and power purchase adjustment surcharge over the previous month

exceeds twenty percent of variable component of approved tariff.”

Sd/-

Secretary to the Commission

3620 PUNJAB GOVT. GAZ. (EXTRA), AUGUST 20, 2026 (SRVN 29, 1948 SAKA)

Note: The Principal Regulations were issued vide Notification No/PSERC/Secy./Regu. 13 published

in Punjab Govt. Gaz.(Extra) dated 7^th March, 2005 and further amended vide:

The 1^st Amendment to the Principal Regulations issued vide notification No.

PSERC/Secy/Regu.28, published in Punjab Govt. Gaz.(Extra) dated 7^th Sept., 2006

The 2^nd Amendment to the Principal Regulations issued vide notification No.

PSERC/Secy/Regu.69, published in Punjab Govt. Gaz.(Extra) dated 8^th Aug., 2012

The 3^rd Amendment to the Principal Regulations issued vide notification No.

PSERC/Secy/Regu.81, published in Punjab Govt. Gaz.(Extra) dated 7^th May, 2013

The 4^th Amendment to the Principal Regulations issued vide notification No.

PSERC/Secy/Regu.92, published in Punjab Govt. Gaz.(Extra) dated 14^th May, 2014

The 5^th Amendment to the Principal Regulations issued vide Notification No.

PSERC/Secy./Regu. 148 published in Punjab Govt. Gaz.(Extra) dated 16^th March, 2020.

The 6^th Amendment to the Principal Regulations issued vide Notification No.

PSERC/Secy./Regu. 175 published in Punjab Govt. Gaz.(Extra) dated 02^nd June, 2023.

The 7^th Amendment to the Principal Regulations issued vide Notification No.

PSERC/Secy./Regu. 182 published in Punjab Govt. Gaz.(Extra) dated 06^th Dec, 2023

The 8^th Amendment to the Principal Regulations issued vide Notification No.

PSERC/Secy/Regu. 188 published in Punjab Govt. Gaz.(Extra) dated 21^st May, 2024

The 9^th Amendment to the Principal Regulations issued vide Notification No.

PSERC/Secy/Regu. 209 published in Punjab Govt. Gaz.(Extra) dated 24^th July, 2026.

3806/8-2026/Pb. Govt. Press, S.A.S. Nagar