+
JSERC Implements Regulations for Captive Power Verification
POWER & RENEWABLE ENERGY

JSERC Implements Regulations for Captive Power Verification

The Jharkhand State Electricity Regulatory Commission (JSERC) has taken a significant step towards enhancing transparency and accountability in the state's electricity sector by introducing the Jharkhand State Electricity Regulatory Commission (Verification of Captive Generating Plants and Captive Consumers) Regulations, 2024.

These regulations aim to establish a clear methodology for verifying the status of captive generating projects and captive consumers who import power from their respective captive generators, whether within the state or outside. Additionally, the regulations outline the consequences if these entities fail to meet the specified conditions.

Under the new regulations, JSERC will conduct annual verifications to ensure compliance. This process involves analyzing data provided by captive power projects and consumers, with support from relevant entities such as the Regional Load Dispatch Center (RLDC), State Load Dispatch Center (SLDC), and power distribution companies (DISCOMs).

Captive power projects and their consumers are required to submit sworn statements to JSERC by May 15 each year, detailing their electricity generation and usage for the previous year, along with ownership information. Failure to provide the necessary data by the deadlines may result in decisions being made based on available information.

JSERC will inform captive power projects, consumers, and distribution companies of their status by July 15 annually.

The regulations also define criteria for assessing consumption, based on the net electricity generated by the power station. Various types of captive consumers must meet specific consumption thresholds, ensuring that the majority of the generated electricity is utilized for captive purposes.

Moreover, the regulations outline shareholding criteria for different types of captive consumers, emphasizing the importance of ownership and control over the generating station or power project.

To ensure compliance and payment security, captive consumers are required to submit a security deposit by July 15 each year in the form of an unconditional bank guarantee. Failure to renew or revise the bank guarantee by the specified deadline may lead to penalties, including forfeiture of the guarantee.

In cases where captive power projects or consumers fail to meet the ownership or consumption criteria, they will lose their captive status for the year, leading to the imposition of additional charges on open access consumers.

These regulations align with efforts to streamline and regulate the captive power sector, promoting fairness and efficiency in electricity distribution across Jharkhand.

Notably, these developments follow the Ministry of Power's draft procedure proposed in November, which aims to verify the captive status of power-generating projects supplying consumers across multiple states, setting standards for ownership and consumption in captive power projects nationwide.

The Jharkhand State Electricity Regulatory Commission (JSERC) has taken a significant step towards enhancing transparency and accountability in the state's electricity sector by introducing the Jharkhand State Electricity Regulatory Commission (Verification of Captive Generating Plants and Captive Consumers) Regulations, 2024.These regulations aim to establish a clear methodology for verifying the status of captive generating projects and captive consumers who import power from their respective captive generators, whether within the state or outside. Additionally, the regulations outline the consequences if these entities fail to meet the specified conditions.Under the new regulations, JSERC will conduct annual verifications to ensure compliance. This process involves analyzing data provided by captive power projects and consumers, with support from relevant entities such as the Regional Load Dispatch Center (RLDC), State Load Dispatch Center (SLDC), and power distribution companies (DISCOMs).Captive power projects and their consumers are required to submit sworn statements to JSERC by May 15 each year, detailing their electricity generation and usage for the previous year, along with ownership information. Failure to provide the necessary data by the deadlines may result in decisions being made based on available information.JSERC will inform captive power projects, consumers, and distribution companies of their status by July 15 annually.The regulations also define criteria for assessing consumption, based on the net electricity generated by the power station. Various types of captive consumers must meet specific consumption thresholds, ensuring that the majority of the generated electricity is utilized for captive purposes.Moreover, the regulations outline shareholding criteria for different types of captive consumers, emphasizing the importance of ownership and control over the generating station or power project.To ensure compliance and payment security, captive consumers are required to submit a security deposit by July 15 each year in the form of an unconditional bank guarantee. Failure to renew or revise the bank guarantee by the specified deadline may lead to penalties, including forfeiture of the guarantee.In cases where captive power projects or consumers fail to meet the ownership or consumption criteria, they will lose their captive status for the year, leading to the imposition of additional charges on open access consumers.These regulations align with efforts to streamline and regulate the captive power sector, promoting fairness and efficiency in electricity distribution across Jharkhand.Notably, these developments follow the Ministry of Power's draft procedure proposed in November, which aims to verify the captive status of power-generating projects supplying consumers across multiple states, setting standards for ownership and consumption in captive power projects nationwide.

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?