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It is the Central Commission for the Electricity Act, 2003 which has repealed the ERC Act, 1998.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.