Madhya Pradesh determines APPC for FY15
Madhya Pradesh Electricity Regulatory Commission (MPERC) has finally unveiled its APPC rate for financial year 2014-15. MPERC follows this definition of APPC (which is in line with that of CERC) –
for the purpose of these regulations ‘Pooled Cost of Purchase’ means the weighted average pooled price at which the distribution licensee has purchased the electricity including cost of self generation, if any, in the previous year from all the energy suppliers long-term and short-term, but excluding those based on renewable energy sources, as the case may be.”
i.e. it excludes only renewable energy for APPC rate calculation.
Accordingly the APPC for FY15 has been determined as Rs. 2.66 per unit (up by 5.13% as compared to APPC FY14).
APPC for FY14 was Rs. 2.53 per unit.
More details can be had on Page no. 63 of this Retail Tariff Order.