HERC Amends Formula to Calculate Net Worth of Qualified Coordinating Agencies
The regulator acknowledged that wrong methodology was used to calculate QCAs’ net worth
June 26, 2025
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The Haryana Electricity Regulatory Commission (HERC) has amended the formula for calculating the net worth criteria for selecting a Qualified Coordinating Agency (QCA), which acts as the intermediary between state load dispatch centres and power generators.