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State of Maharashtra - Section

Section 22 in The Maharashtra Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2005

22. Power procurement guidelines.

- 22.1 A Distribution Licensee shall follow the guidelines contained in this Part with respect to:
(a)Procurement of power under any arrangement or agreement with a term or duration exceeding one year (i.e. long-term power procurement); and
(b)Procurement of power under any arrangement or agreement with a term or duration less than or equal to one year (i.e. short-term power procurement).