KSERC · Final regulation · 22 October 2026 · Kerala State Electricity Regulatory Commission

KSERC (Multi Year Tariff) Regulations, 2026

Kerala's regulator has notified its new multi-year tariff regulations, which for the first time set a tariff framework for battery storage and pumped storage alongside generation, transmission and distribution. They follow a draft issued in August 2026.

Why it matters. These rules will govern how Kerala's tariffs are set for five years and give storage projects a cost-plus tariff path in the state.

What changes

Sets the tariff framework for generation, transmission and distribution businesses in Kerala for the next multi-year control period.
Adds tariff rules for battery energy storage systems (BESS) and pumped storage projects (PSP).
Normative annual availability for energy storage systems set at 95%.
The August draft proposed a five-year control period from FY 2027-28 to FY 2031-32; check the notified text for the final dates and norms.

Who is affected

KSEB Ltd · Storage developers · Pumped storage developers · Generators and transmission licensees in Kerala · Kerala consumers

Official KSERC notification not yet found on erckerala.org. The date shown is when Mercom reported the final regulations, not a confirmed notification date.

Sources

Mercom India, 22 Oct 2026

Last checked 23 October 2026. Summary for information; rely on the official gazette text.

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