The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL) to undertake a pilot demonstration of interstate peer-to-peer (P2P) renewable energy trading under the India Energy Stack framework. The Commission approved a six-month pilot covering both Phase I and Phase II of the demonstration, and also allowed the use of blockchain or other secure digital technologies for the project.
The approval for the pilot demonstration comes as a response to the petition filed by PVVNL. Furthermore, under the pilot, interstate P2P trading will be demonstrated in the National Capital Region, involving PVVNL in Uttar Pradesh and Delhi’s Tata Power Delhi Distribution Limited (TPDDL) and BSES Rajdhani Power Limited (BRPL) in Phase I, followed by Dakshin Haryana Bijli Vitran Nigam in Phase II.
Additionally, UPERC has permitted recovery of wheeling charges at Rs 1.01 per kWh and approved transaction charges of Rs 0.42 per kWh for intra-state and interstate transactions. These charges will be shared equally by the prosumer and the consumer. The cross-subsidy surcharge for energy transacted under the pilot has also been waived. Subsequently, there is also a waiver of penalties for under-injection and under-drawal; however, provisions related to over-injection and over-drawal are still applicable.
