Central Electricity Regulatory Commission (CERC)

Central Electricity Regulatory Commission (CERC)

Part of: GS Prelims and GS- II – Polity and Governance & GS – III – Infrastructure

In news

• Central Electricity Regulatory Commission (CERC) was in news recently when Pravas Kumar Singh took oath as its Member. 

Important value additions 

Central Electricity Regulatory Commission (CERC) 

• Established by: Government of India 
• It is the Central Commission for the Electricity Act, 2003 which has repealed the ERC Act, 1998.
• Composition: Chairperson and four other Members including Chairperson, Central Electricity Authority who is the ex-officio Member of the Commission.
• Functions: (1) To regulate the tariff of generating companies owned or controlled by the Central Government; (2) To regulate the inter-State transmission of electricity; (3) To determine tariff for such transmission of electricity.
• CERC also advises the Central Government on the formulation of the National Electricity Policy and Tariff Policy.