CERC issues statutory advise to power ministry against framing of 3 rules; cites jurisdictional overlap

The jurisdictional battle between the power regulator Central Electricity Regulatory Commission (CERC) and the Union power ministry seems to be escalating with the regulator advising the latter against framing of … Read More

CERC voices concerns on jurisdiction overlap; says MoP’s draft rules on late fee not tenable

NEW DELHI: The Central Electricity Regulatory Commission (CERC) has advised the government against introducing rules to lower late payment surcharge on distribution companies, saying they are non-tenable under law and … Read More

Supreme Court turns down govt plea; CERC operations not likely to begin soon

NEW DELHI: The Central Electricity Regulatory Commission (CERC) is likely to remain non-functional for atleast one more month as the Supreme Court on Friday reiterated that the newly appointed members … Read More

‘Market coupling’ mechanism to foster competiton in power trading, says PXIL

KOLKATA: The Power Exchange India Limited (PXIL), promoted by NSE and NCDEX, has welcomed the proposed ‘market coupling’ mechanism in electricity trading on exchanges. The draft Power Market Regulations 2020 … Read More

Indian power regulator proposes uniform price discovery through pooling of bids

NEW DELHI: Indian power regulator has proposed uniform price discovery through pooling of bids across power exchanges for optimal utilisation of transmission system besides stringent rules for electricity markets, including … Read More