Central Electricity Regulatory Commission (Cross Border Trade of Electricity)(First Amendment) Regulations, 2023

Dec 18, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Central Electricity Regulatory Commission (CERC) ON December 15, 2023, issued the Central Electricity Regulatory Commission (Cross Border Trade of Electricity) (First Amendment) Regulations, 2023.

The following amendment has been stated:

• In Regulation 30, which states “Payment of Transmission charges and other charges”, in Clause (2) has been substituted:

“30 Payment of Transmission charges and other charges 

(1) XXX

(2) Settlement Nodal Agency may recover from the participating entities located in the neighbouring countries SNA charge of 0.50 paisa (Half paisa)/kWh on the energy scheduled, and shall formulate a suitable payment security mechanism for the charges to be collected by it.”

This notification will come into force on the date of publication in the Official Gazette.

[Notification No 13/2/7/2015-PM/CERC]


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