Regulation

Restructuring Electricity Markets

The Indian power sector is gradually moving away from multi-decade generation contracts with limited despatch flexibility to short-term and spot electricity markets. This transition is mainly owing to a rapid decline in the cost of […]

Regulation

Redefining the Rules

The expert group appointed by the Central Electricity Regulatory Commission (CERC) to review the Indian Electricity Grid Code (IEGC) has recently come out with its report. The group reviewed the provisions of the IEGC Regulations, […]

Regulation

Revised Tariff Norms

In December 2018, the Central Electricity Regulatory Commission (CERC) released the draft Terms and Conditions of Tariff Regulations, 2019 for the next tariff period from April 1, 2019 to March 31, 2024. While there were […]

Regulation

Move to Fast Markets

In July 2018, the Central Electricity Regulatory Commission (CERC) passed a landmark order on “Pilot Project on 05-Minute Scheduling, Metering, Accounting and Settlement for Thermal/Hydro, and on Hydro as Fast Response Ancillary Services (FRAS)”. This […]