2.5.9. Central Electricity Regulatory Board

♤ It is a statutory body functioning with quasi-judicial status under sec – 76 of the Electricity Act 2003

Under the Electricity Act, 2003 the Commission discharges the following functions:-

Mandatory Functions:

♤ to regulate the tariff of generating companies owned or controlled by the Central Government;

♤ to regulate the tariff of generating companies other than those owned or controlled by the Central Government specified in clause (a), if such generating companies enter into or otherwise have a composite scheme for generation and sale of electricity in more than one State;

♤ to regulate the inter-State transmission of electricity;

♤ to determine tariff for inter-State transmission of electricity;

♤ to issue licences to persons to function as transmission licensee and electricity trader with respect to their inter-State operations;

♤ Improve access to information for all stakeholders.

♤ to adjudicate upon disputes involving generating companies or transmission licensee in regard to matters connected with clauses (a) to (d) above and to refer any dispute for arbitration;