The Madhya Pradesh Electricity Regulation Commission (MPERC) has published the draft notification on the Multi Year Tariff (MYT) Regulations for the control period from 1st April 2027 to 31st March 2032. These draft regulations supersede the MPERC (Terms and Conditions for Determination of Tariff for Supply and Wheeling of Electricity and Methods and Principles for Fixation of Charges) Regulations, 2021. 
Prayas (Energy Group)'s comments and submissions are in regards to the following – 

1. Inclusion of Technical Validation Sessions (TVS) with appointed consumer representatives.  as part of tariff / true-up process
2. Inclusion of Additional Disclosure Statements to financial statements to be submitted as part of tariff / true-up process
3. Recalibration of time-of-day tariffs to better reflect demand and supply profiles 
4. Inflation linked tariff design to prevent build of regulatory assets and protecting consumers from periodic tariff shocks. 
5. Creation of a Fuel and Power Purchase Adjustment Surcharge (FPPAS) stabilisation fund to smoothen the impact of FPPAS levy which varies monthly.  
6. Treatment and gain/loss sharing of Aggregate Technical and Commercial Losses to focus on distribution losses and only provisioning for bad and doubtful debts as a proxy for collection efficiency. 
7. Submission of Resource Adequacy plans and reconciliation statement of power purchase as part of tariff / true-up process 
8. Improvements in regulatory formats for metering status, actual working capital borrowings and implementation of capital investment schemes