MERC approved TPC-D's FY23-24 truing-up, provisional FY24-25 truing-up, and set multi-year ARR & tariffs for FY2025-26 to FY2029-30.
Case of The Tata Power Company Ltd. (Distribution) for approval of Truing-up of Aggregate Revenue Requirement (ARR) for FY 2023-24, Provisional Truing-up of ARR for FY 2024-25, and Determination of ARR & Tariff for the 5th Control Period from FY 2025-26 to FY 2029-30.
TPC-D filed a Multi Year Tariff (MYT) Petition on 30 Nov 2024 (revised 7 Jan 2025) seeking approval of truing-up of ARR for FY2023-24, provisional truing-up of ARR for FY2024-25, and determination of ARR & tariffs for the 5th Control Period (FY2025-26 to FY2029-30), under the MYT Regulations 2019/2024 and Sections 61,62,64,86 of the Electricity Act, 2003. Issues raised in public consultation included standby charges, EV tariffs, RE purchase impact, virtual net metering, kVAh billing, wheeling charges and cross-subsidy surcharge.
- Approved truing-up of ARR for FY2023-24 and provisional truing-up for FY2024-25 as filed with adjustments.
- Determined ARR and multi-year tariffs for TPC-D for FY2025-26 to FY2029-30.
- Approved category-wise tariff schedules (Fixed, Energy, Wheeling Charges) for EHT/HT categories including Railways/Metro, Public Services, and EV Charging Stations for all five years.
- Directed NIL Wheeling Charges for EHT consumers till the related matter is subjudice.
- Approved Time-of-Day (ToD) rebates/charges structure escalating from FY2025-26 to FY2029-30 (e.g., peak +20%, solar hours rebate up to -30%).
- Introduced Bulk Consumption rebate (reverse telescopic, 1-2%) for HT-Industrial consumers and various payment-related discounts/incentives (prompt payment, digital payment, e-bill, prepaid, load factor incentive).
- TPC-D to implement approved tariff schedules effective 1 April 2025 across the 5-year Control Period.
- TPC-D to publish monthly PPCA (Z-factor/FAC) rates on its website.
- Continue NIL Wheeling Charges for EHT consumers pending resolution of the subjudice matter.
- TPC-D to apply revised ToD rebate/surcharge structure each subsequent year as per the escalating schedule.
- TPC-D to implement new consumer charges/discounts (bulk rebate, prepaid rebate, load factor incentive, digital/e-bill discounts) in billing systems.
- Compliance filings/monitoring for FY2024-25 provisional truing-up to be finalized in subsequent proceedings.
- • C&I consumers on EHT/HT categories get multi-year tariff certainty (FY25-26 to FY29-30) enabling long-term budgeting and PPA structuring.
- • ToD tariff design with solar-hour rebates (up to -30%) and peak surcharge (+20%) incentivizes shifting industrial/commercial load and favors captive/open-access solar consumption.
- • NIL wheeling charges for EHT open-access consumers (till subjudice resolution) reduces near-term open access cost, relevant for RE/storage developers wheeling power to C&I offtakers.
- • Bulk consumption rebates and load factor incentives reward high-load-factor, high-volume HT-Industrial consumers, benefiting large C&I buyers with flat, high-utilization demand profiles.
This is a standard MYT reset giving TPC-D consumers a five-year tariff roadmap with built-in ToD price signals that increasingly reward solar-hour consumption and penalize evening peak draw—useful for C&I buyers planning captive solar, storage, or open-access RE contracts. The NIL EHT wheeling charge (till subjudice) is a near-term cost advantage for large open-access users that developers should factor into PPA pricing, though it carries reversal risk once litigation resolves. Bulk and load-factor rebates make TPC-D's HT-Industrial tariff attractive for high-utilization plants.
Growthifye does not take responsibility for the accuracy of this information. Values are compiled from tariff orders published on the websites of State Electricity Regulatory Commissions and distribution licensees (plus CEA / MoP / Grid-India), parsed automatically and shown with their source. Always verify against the signed order before any commercial decision. This one-pager is a Vidura-assisted summary of the official order; the signed order prevails.