Central Electrcity Regulatory Commission

THE MANDATE As entrusted by the Electricity Act, 2003 of Government of India, the Commission has the responsibility to discharge the following functions- Mandatory Functions-(a) to regulate the tariff of generating companies owned or controlled by the Central Government;(b) to regulate the tariff of generating companies other than those owned or controlled by the Central Government specified in clause (a), if such generating companies enter into or otherwise have a composite scheme for generation and sale of electricity in more than one State;(c) to regulate the inter-State transmission of electricity;(d) to determine tariff for inter-State transmission of electricity;(e) to issue licenses to persons to function as transmission licensee and electricity trader with respect to their inter-State operations.(f) to adjudicate upon disputes involving generating companies or transmission licensee in regard to matters connected with clauses (a) to (d) above and to refer any dispute for arbitration;(g) to levy fees for the purposes of the Act;(h) to specify Grid Code having regard to Grid Standards;(i) to specify and enforce the standards with respect to quality, continuity and reliability of service by licensees.(j) to fix the trading margin in the inter-State trading of electricity, if considered, necessary;(k) to discharge such other functions as may be assigned under the Act. Advisory Functions-(i) formulation of National electricity Policy and tariff policy;(ii) promotion of competition, efficiency and economy in the activities of the electricity promotion of investment in electricity industry;(iv) any other matter referred to the Central Commission by the Central Government.