CERC
- October 27, 2020
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
Subject: National Organisation
Context: The Central Electricity Regulatory Commission (CERC), which has been non-operational for nearly two months now, will continue to remain so for at least four more weeks.
Concept:
Central Electricity Regulatory Commission (CERC).
- CERC is a regulator of the power sector in India.
- It intends to promote competition, efficiency and economy in bulk power markets, improve the quality of supply, promote investments and advise the government on the removal of institutional barriers to bridge the demand supply gap.
- It is a statutory body functioning with quasi-judicial status under the Electricity Act 2003.