CERC invites comments on draft of Central Electricity Regulatory Commission (Sharing of Revenue Derived from Utilization of Transmission Assets for Other business) Regulations, 2019

Oct 09, 2019 | by Avantis RegTech Legal Research Team


The Central Electricity Regulatory Commission (CERC) on September 25, 2019 has issued a notice on draft of Central Electricity Regulatory Commission (Sharing of Revenue Derived from Utilization of Transmission Assets for Other business) Regulations, 2019 for the purpose of acquiring assistance in arriving at a just and fair conclusion on different issues at stake.

The comments or suggestions or objections from the stakeholders and interested persons on the provisions of above draft Regulation are invited and may be sent along with 3 hard copies + soft copy to the Secretary, CERC on or before October 31, 2019. 

The Central Electricity Regulatory Commission (Sharing of Revenue Derived from Utilization of Transmission Assets for Other business) Regulations, 2019 draft shall be applicable to the inter-State transmission licensees and shall come into force on its publication in the official gazette. It includes definitions and their interpretation, intimation of other businesses, manner of sharing of revenue from other business, reduction in transmission charges, maintenance of accounts, powers of the commission and restrictions and proceedings before the commission.

[No. L-1 /246/2019/CERC]

 


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