+
TGERC Introduces New Verification Process for CGPs
POWER & RENEWABLE ENERGY

TGERC Introduces New Verification Process for CGPs

To streamline the verification of captive status and ensure compliance with the Electricity Act, the Telangana State Electricity Regulatory Commission (TGERC) has introduced a new procedure for verifying the status of Captive Generating Plants (CGPs) and their associated users in the state.

The aim is to enhance transparency and accountability within the power generation and consumption system in Telangana. The new procedure mandates that all CGPs and their users apply to the distribution licensee for verification of their captive status, with a consolidated report submitted to TGERC by June each year.

Under the updated regulations, if a CGP or its users fail to meet the required criteria, such as ownership and electricity consumption, they will lose their captive status for that year. However, other users within the same CGP who meet the necessary criteria can retain their captive status.

For a CGP to qualify as "captive," its users must collectively hold at least 26% of the equity share capital with voting rights and consume at least 51% of the electricity generated annually. These requirements extend to cooperative societies, special purpose vehicles (SPVs), and partnership firms, all of which must adhere to the same ownership and consumption rules.

The verification process will review electricity consumption, including consumption through energy storage systems. CGPs and their users must submit an affidavit by May 31 each year, detailing their electricity generation, consumption, and equity shareholding for the previous financial year. The distribution licensee will then analyze the data and submit a consolidated report to TGERC.

To streamline the verification of captive status and ensure compliance with the Electricity Act, the Telangana State Electricity Regulatory Commission (TGERC) has introduced a new procedure for verifying the status of Captive Generating Plants (CGPs) and their associated users in the state. The aim is to enhance transparency and accountability within the power generation and consumption system in Telangana. The new procedure mandates that all CGPs and their users apply to the distribution licensee for verification of their captive status, with a consolidated report submitted to TGERC by June each year. Under the updated regulations, if a CGP or its users fail to meet the required criteria, such as ownership and electricity consumption, they will lose their captive status for that year. However, other users within the same CGP who meet the necessary criteria can retain their captive status. For a CGP to qualify as captive, its users must collectively hold at least 26% of the equity share capital with voting rights and consume at least 51% of the electricity generated annually. These requirements extend to cooperative societies, special purpose vehicles (SPVs), and partnership firms, all of which must adhere to the same ownership and consumption rules. The verification process will review electricity consumption, including consumption through energy storage systems. CGPs and their users must submit an affidavit by May 31 each year, detailing their electricity generation, consumption, and equity shareholding for the previous financial year. The distribution licensee will then analyze the data and submit a consolidated report to TGERC.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Syrma SGS Elemaster Opens High-Reliability Electronics Facility

Syrma SGS Technology and Elemaster Group have inaugurated a new high-reliability electronics manufacturing facility in Bengaluru through their joint venture, Syrma SGS Elemaster Private Limited.The facility aims to strengthen India’s advanced electronics manufacturing capabilities and support customers across domestic and global markets, particularly in sectors requiring high quality, reliability and stringent manufacturing standards.Located in the Bommasandra Industrial Area, the 20,000 sq. ft. facility is equipped with advanced Surface Mount Technology (SMT), Through-Hole Technology (THT) ..

Next Story
Real Estate

UrbanVault Expands Chennai Workspace Portfolio with 100,000 Sq. Ft.

UrbanVault has expanded into Chennai with approximately 100,000 sq. ft. of managed workspace across three properties, strengthening its presence in India’s flexible workspace market.The company’s Chennai portfolio includes Olympia Teknos and UV IPL in Guindy, and Ceebros Chambers on Velachery Main Road. The expansion marks UrbanVault’s entry into its seventh city, taking its national footprint to more than 3 million sq. ft. across 80+ centres.UrbanVault expects its annual revenue to cross Rs 350 crore in FY27, supported by expansion across major business hubs and rising demand for manage..

Next Story
Real Estate

LML Realty Launches Digital Platform for Custom Factories

LML Realty has launched ‘Your Factory’, a digital platform that enables businesses to configure, customise and order built-to-suit factories online. The platform combines plot selection, factory specifications, pricing and development into a single digital interface.Businesses can select plot sizes ranging from 500 sq. yd. to 10 acres and customise requirements such as factory size, height, structure, crane provisions and power needs. The platform provides instant quotations, allowing users to view configurations and pricing while designing their facilities.Pricing for the built-to-suit fa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code