PSERC to introduce MYT regime in state beginning 2017-18

The Punjab State Electricity Regulatory Commission (PSERC) is set to introduce a multi-year tariff (MYT) regime in the state for a control period of three years beginning 2017-18. The PSERC intends to determine the tariff for 2017-18 in consultation with the new government, taking into account the subsidies it may offer. In January 2017, PSERC sought proposals from consultants for addressing the issue of surplus energy available with the Punjab State Power Corporation for the MYT control period from 2017-18 to 2019-20.

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