UGVCL issues uniform method for banking charge and setoff calculations
Uttar Gujarat Vij Company Limited (UGVCL) has directed all circle offices to follow a uniform method for calculating banking charges and energy setoff for captive and third-party sale solar projects. The instruction defines a fixed calculation sequence for net payable units and includes an illustrative example to guide implementation. The directive states that the methodology needs to remain uniform across DISCOMs. It cites the Gujarat Electricity Regulatory Commission Tariff Order No. 6 of 2024 on…
