The Gujarat Electricity Regulatory Commission (GERC) has issued the Multi-Year Tariff (MYT) Regulations, 2024, which will be in effect from April 1, 2025, to March 31, 2030. These regulations provide a detailed framework to determine tariffs for electricity generation, transmission, and distribution in Gujarat. The MYT regulations provide a transparent and predictable tariff-setting process, encourage efficiency improvements in the electricity sector, establish mechanisms to share gains and losses arising from various factors, and facilitate long-term planning and investment in electricity infrastructure. These regulations apply to all existing and future generation companies, transmission licensees, distribution licensees, and the State Load Dispatch Centre.