Discuss the role of CERC in tariff setting.

Question

18 Mar 2023

Answer :

Word Count : 256

The Central Electricity Regulatory Commission (CERC) is a statutory body established under the Electricity Act, 2003 to regulate the electricity sector in India. One of its primary responsibilities is to determine the tariff for electricity generation, transmission, and distribution companies.

The role of CERC in tariff setting is crucial, as it ensures that the tariffs are reasonable, transparent, and fair to all stakeholders. The ___ ______ ____ _______ __________ ________ ________ _________ _____ _______.
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