Draft Central Electricity Regulatory Commission (Payment of Fees) (Second Amendment) Regulations, 2020

Apr 08, 2020 | by Avantis RegTech Legal Research Team


Industry Specific Compliance

The Central Electricity Regulatory Commission (CERC) on March 23, 2020, has issued the draft Central Electricity Regulatory Commission (Payment of Fees) (Second Amendment) Regulations, 2020 to further amend the Central Electricity Regulatory Commission (Payment of Fees) Regulations, 2012.

The amendments are made in Regulation 7 of the CERC (Payment of Fees) Regulations, 2012 related to “Licence Fee”, namely:-

The Regulation 7(3) has been substituted stating that Any person who has been granted or is deemed to have been granted licence by the Commission for inter-State trading in electricity shall pay annual licence fee at the rates specified hereunder:

Category of license

Volume proposed to be traded in a financial year

Annual license fee (Rupees in lakh)

Category I

No limit

40

Category II

Upto 7000 MU

15

Category III

Upto 4000 MU

6

Category IV

Upto 2000 MU

3

Category V

Upto 500 MU

3

The Commission invites comments or suggestions or objections, if any, from the stakeholders and interested persons on the draft Regulations. The comments or suggestions or objections, if any, may be sent to the Secretary, Central Electricity Regulatory Commission, by email [email protected] or through SAUDAMINI Portal by clicking e-Regulation link on the e-filing Home Page on or before March 30, 2020. For any further query, the SAUDAMINI Portal, e-Court Helpdesk at 011-23353503 Extension 260 or 7042604928 may be contacted.

These Regulations shall come into force with effect from April 01, 2020.

[Notification No. L-1/160/2020-CERC]


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