CERC issues draft regulations on sharing of revenue from utilisation of transmission assets for other businesses

The Central Electricity Regulatory Commission (CERC) has issued the draft Sharing of Revenue Derived from Utilisation of Transmission Assets for Other Business Regulations, 2019. The regulations will apply to interstate transmission licensees and provide guidelines relating to interpretations, intimation of other businesses such as telecom, and maintenance of accounts. As per the draft regulations, in case a transmission licensee engages in other businesses like telecommunication, an amount equal to 10 per cent of the gross revenue from such business in a given financial year will be shared with long-term customers