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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

/ Melvin Mathew
/ Markets & Policy, Solar
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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.

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Melvin Mathew

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