In the wake of growing volumes of electricity transactions being executed through power traders, the Central Electricity Regulatory Commission (CERC) has amended the \u201cTrading Licence Regulations\u201d. The power regulator has set the upper limit of margins that traders can charge for the electricity transaction. \u201cFor transactions under short-term contracts and contracts through power exchanges upto one year\u201d, the trading margin has been set as 7 paise\/unit. For contracts where escrow arrangement or letter of credit is not provided by the trading licencee in favour of the power generator, the maximum margin has been set as 2 paise\/unit.<\/p>\n
CERC has also allowed the inclusion of \u2018banking transactions\u2019 within the purview of trading activities, and, has revised the definition of \u2018banking of electricity\u2019 to accommodate banking through trading licencee. The regulator has also revised the definition of \u201cback to back contracts\u201d as stakeholders pointed out that such deals are never simultaneous, or, even successive and the payments from buyers in such transactions are often delayed.<\/p>\n","protected":false},"excerpt":{"rendered":"
In the wake of growing volumes of electricity transactions being executed through power traders, the Central Electricity Regulatory Commission (CERC) has amended the \u201cTrading Licence Regulations\u201d. The power regulator has set the upper limit of margins that traders can charge for the electricity transaction. \u201cFor transactions under short-term contracts and contracts through power exchanges upto one year\u201d, the trading margin has been set as 7 paise\/unit. For contracts where escrow arrangement or letter of credit is not provided by the trading licencee in favour of the power generator, the maximum margin has been set as 2 paise\/unit. CERC has also […]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-308755","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=308755"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/308755\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=308755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=308755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=308755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}