TAG: "GERC"

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GERC Proposes New Banking Charge Framework, Retains INR 1/Unit till March 2027

GERC proposes a new banking charge framework, retaining INR 1/unit till March 2027 and introducing INR 0.50–1.50/unit limits thereafter.

GERC | June 24, 2026 | By EI News Network | 512

GERC Proposes Extension of Green Open Access Banking Charge at INR 1.50/Unit till August 2026

The Gujarat Electricity Regulatory Commission has proposed extending the banking charge of INR 1.50 per unit for green energy open access consumers in Gujarat until August 31, 2026, through a draft amendment to its Green Energy Open Access Regulations.

GERC | June 11, 2026 | By Mrinmoy Dey | 460

GERC Releases Draft BESS Regulations to Boost Gujarat’s Grid Flexibility and Storage Push

GERC has drafted regulations for battery energy storage systems, defining ownership, bidding, SLDC dispatch, minimum size, and operational framework across Gujarat.

GERC | May 27, 2026 | By EI News Network | 751

GERC Imposes INR 1/kWh Additional Surcharge on Open Access Consumers

Gujarat Electricity Regulatory Commission approves INR 1/kWh surcharge to recover stranded costs from open access consumers, based on Oct 2024–Mar 2025 data, applicable across all four state DISCOMs.

GERC | September 26, 2025 | By EI News Network | 5391

Gujarat Revises Renewable Energy Policy to Empower Small-Scale Projects

Gujarat’s revised RE Policy-2023 allows DISCOMs to procure solar projects under 5 MW and wind under 10 MW, with fixed tariffs, faster approvals, and streamlined processes via AkshayUrja Setu.

GERC | August 27, 2025 | By EI News Network | 7969

Gujarat Unveils Renewable Energy Regulations, Aims for 43 Percent by 2030

Gujarat Electricity Regulatory Commission has enforced new renewable procurement regulations, mandating rising RPO and storage obligations for DISCOMs, open access users, and captive plants, with penalties for non-compliance.

GERC | August 22, 2025 | By EI News Network | 3915

GERC Clarifies Carbon Credit Rules, Directs Hindustan Zinc to Share VER Proceeds

GERC dismissed Hindustan Zinc’s plea, ruling that all carbon credit revenues, including VERs, must be shared with GUVNL under PPA terms, and upheld the interest on delayed sharing.

GERC | July 08, 2025 | By EI News Network | 1740

GERC Clears 25-Year Hybrid Power Pact for GIFT City at INR 3.70/unit

Prozeal Green wins 9.9 MW solar-wind deal for GIFT City. Fixed tariff ensures price stability, meets rising demand, and supports Gujarat’s renewable goals with faster intra-state project clearance.

GERC | June 24, 2025 | By EI News Network | 1950

GERC Approves INR 2.83/kWh Tariff for Surplus Solar Power Under PM-KUSUM

GERC has approved INR 2.83/kWh tariff for surplus solar power from farmers under PM-KUSUM, supporting renewable adoption while addressing stakeholder concerns on participation and feeder selection criteria.

GERC | May 28, 2025 | By EI News Network | 3448

GUVNL Secures Approval for Solar Power Tariff in Gujarat

GUVNL's 500 MW solar power procurement tender, which includes a greenshoe option for an additional 500 MW, has been approved by GERC following a competitive bidding process.

GERC | May 13, 2025 | By EI News Network | 3215