The CERC has issued Regulation of Power Supply (First Amendment) Regulations, 2021 to further amend the Regulation of Power Supply, 2010.
As per the amendment, these regulations will be applicable to generating station, inter-state transmission system and beneficiary, where there is a specific provision in the agreement between generating company and beneficiary or between transmission licensee and beneficiary, or in any other regulations of the commission, for regulation of power supply in case of non-payment of outstanding dues or non-maintenance of letter of credit or any other agreed payment security mechanism.