The Central Electricity Regulatory Commission (CERC) has issued CERC (Cross Border Trade of Electricity) (First Amendment) Regulations, 2023.
The amendment defines settlement nodal agency (SNA) charge which means the charge payable to the SNA by the cross-border customers, for discharging the mandated functions. As per the amendment, SNA shall recover SNA charge of one paise per kWh from the cross-border customers, and shall formulate a suitable payment security mechanism for collection of such charges. The commission has sought comments and suggestions on or before September 11, 2023.