CERC notifies draft PSDF Regulations

The Central Electricity Regulatory Commission (CERC) has notified the draft Power System Development Fund Regulations, 2019. The commission intends to review the existing regulations based on experience and achievements so far in the utilisation of the Power System Development Fund (PSDF) for various projects/ activities. Accordingly, changes have been proposed in operating procedures, constitution of various committees, and implementation and monitoring of projects funded by the PSDF, among other things.