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) trading of renewable energy under the India Energy Stack framework.
The commission approved the pilot for a limited six-month period for phases I and II and allowed the use of blockchain or other secure digital technology for the proposed project. UPERC has permitted participation of prosumers and consumers across PVVNL and Delhi distribution licensees. It has also granted a waiver of cross-subsidy surcharge for energy transacted under the interstate P2P pilot and waived penalties for under-injection and under-drawal by consumers during the pilot period. UPERC clarified that waiver of interstate transmission-related charges and other system operation charges does not fall within the jurisdiction of state commissions.