The Chhattisgarh State Electricity Regulatory Commission published the draft notification on the Multi Year Tariff (MYT) Regulations for the control period from 1st April 2025 to 31st March 2030 on 2nd July 2024, and invited public comments on the same.

The tariff regulations, and related processes, have implications on all sector stakeholders in the state for the next five years and beyond. Given this, it is crucial to further strengthen flexibility measures, target incentives, safeguard consumer interests and ensure clarity in the MYT regulations. Prayas (Energy Group) provided suggestions towards strengthening the proposed tariff regulations, which included the following:

• Ensure power procurement is in line with demand estimation as envisaged in Resource Adequacy guidelines
• Allow new capacity additions only  through Section 63 route
• Consider a two-part RoE (with base and performance-based components)
• Ensure uniform gain and loss sharing framework is applicable to all entities
• Consider GCV 'As Billed' for ECR calculations
• Mandate targeted availability linked weights for fixed cost recovery across peak/off-peak hours and high/low demand season, defined on net load
• Account for revenue from short-term transmission charges in ARR
• Specify a trajectory for reduction in transmission losses
• Amend draft regulations to ensure prudent and accountable treatment of HR expenses
• Consider TOTEX expenses under a separate heading, which is subject to evaluation prior to cost pass-through
• Amend State Grid Code to reflect the changing realities of the state power sector
• Include steps and measures to improve the efficacy of the tariff setting process