Hindustan Power Exchange Limited recently submitted a formal request to delay the introduction of new electricity regulations, known as T-GNA (Transmission-Generation Network Access) Regulations. They filed this petition under Section 66 of the Electricity Act, 2003, along with Regulations 41 and 42 of the CERC (Central Electricity Regulatory Commission) Rules for Connectivity and General Network Access to the inter-State Transmission System in 2022.
In their petition, Hindustan Power Exchange Limited sought official permission, requested a delay in implementing the new T-GNA Regulations for their Power Exchange, outlined specific issues that required resolution before the regulations could be put into effect, advocated for aligning the T-GNA Regulations with the Market Coupling system, and urged the Commission to take any other essential actions based on the prevailing circumstances.
However, on October 16, 2023, Hindustan Power Exchange Limited informed the Commission that their petition was no longer needed. This was because the Commission had already put the T-GNA Regulations into effect on October 1, 2023. They also pointed out that there was no scheduled date for a formal hearing. Therefore, they requested permission to withdraw their petition. They also asked that the fees they had paid for filing the petition be used for any future petitions they might submit.
The Commission made a decision without the need for a full hearing. They allowed Hindustan Power Exchange Limited to withdraw their current petition and agreed to use the fees paid for this petition for any future petitions from the company.
The petition has been officially withdrawn as it is no longer necessary due to the implementation of the T-GNA Regulations.
Please view the document below for more details.