The Punjab State Electricity Regulatory Commission (PSERC) has set an additional surcharge of Rs 1.29 per kWh for full open access consumers and partial open access consumers beyond their contract demand within the area of supply of the Punjab State Power Corporation Limited.
The commission has also set an additional surcharge of Rs 0.92 per kWh payable by partial open access consumers for availing open access up to the contract demand maintained with the distribution licensee. The additional surcharge will be applicable to power purchased from April 1, 2023 to September 30, 2023.
In December 2022, PSERC notified draft ‘Terms and Conditions for Intra-State Open Access (10th Amendment) Regulations, 2022’. The regulations include several provisions to promote renewable open access in the state and boost renewables adoption in the commercial and industrial sectors.
In March 2022, PSERC approved the procurement of 100 MW of solar power from ReNew Dinkar Jyoti for Rs 2.33 per kWh and 150 MW of solar power from Adani Renewable Energy Holding Fifteen for Rs 2.34 per kWh.