Punjab State Electricity Regulatory Commission

Punjab State Electricity Regulatory Commission is an autonomous,statutory and Regulatory body constituted for ensuring generation and distribution of Electricity in state of Punjab. Punjab Electricity Regulatory Commission is formed as per Constitution of India by notification in official gazette in accordance with Electricity Regulatory Commissions Act, 1998. The commission is vested with legislative and judicial powers to resolve conflicts between license holders of production and distribution of electricity, or consumers and electricity distribution entities and with authority to draft regulations and sub ordinate regulations. The President and other members of State Electricity Regulatory Commission (India) are appointed by Government of Punjab in consultation with the Chief Justice of state High Court.

Punjab Electricity Regulatory Commission
Punjab Electricity Regulatory Commission logo
Established1986
LocationPunjab Electricity Regulatory Commission,1st Floor, Site No 3, Sector 18-A, Madhya Marg, Chandigarh - 160018.[1]
Judge term length3 years from the date of entering office or up to 65 years of age (whichever is earlier)
Websitehttp://pserc.gov.in/
Chairman, Punjab Electricity Regulatory Commission
CurrentlySh. Viswajeet Khanna

History and objective

Punjab Electricity Regulatory Commission is formed with the following objectives:[2][3][4][5][6]

  • Acts as a regulator for distribution licensees during the purchase and procurement of electricity by them.
  • Facilitates during transmission of electricity between different states.
  • Facilitates issuing of licenses to transmission and distribution licensees applicants and electricity traders within the state.
  • Fix the rates during wholesale, bulk or retail generation of electricity and its supply, transmission and wheeling within the state.[7]
  • Resolve conflicts between the licensees and/or the generating companies.
  • Integrate state grid codes with the grid code designed by Central Electricity Regulatory Commission (CERC) .
  • Streamlining electricity tariff.
  • Transparency in designing subsidy related policies.
  • Promoting environmental policies in matters relating to electricity.
  • Any other matters connected or incidental with it.[8]

Advisory role

Punjab Electricity Regulatory Commission follows below advisory role:[9]

  • Designing schemes promoting electricity industry related investment.
  • Planning initiatives in Electrical industry which promotes competition and improves efficiency and brings economy in activities.
  • Initiating restructuring and reorganization in Electricity industry.
  • Guiding state government in any issues referred to it which are related to generation, transmission, distribution and trading of electricity in the state.

Powers

Punjab Electricity Regulatory Commission acts as a substitute to civil courts and is vested with legislative and judicial powers to resolve conflicts between license holders of production and distribution of electricity, or consumers and electricity distribution entities and with authority to draft regulations and sub ordinate regulations.[10][11] They can also issue orders for the recovery of amounts from power consuming entities which are due to electricity generating companies.

Composition

The Composition of Punjab Electricity Regulatory Commission[12]

1. Chairperson

2. Two members.

Chairperson will be appointed by state Government in consultation with the Chief Justice of state High Court. The eligibility for Chairperson is that he should be serving or should have served as Judge in any High Court and other members should have good ability ,integrity and standing. They should also be proficient experience and expertise knowledge in subjects of accountancy ,law ,commerce ,economics ,industry, administration and public affairs and problem solving ability in same.

The Chairperson and members of State Electricity Regulatory Commission (India) are not permitted to hold any other office of profit or any position which is connected with any political party and are also barred from carrying on any business or continuing any profession in any field.

Sh. Viswajeet Khanna is the Chairman of the Punjab Electricity Regulatory Commission.[13]

References
  1. "punjab state electricity regulatory commission - Google Search". www.google.com. Retrieved 24 March 2022.
  2. "As revenue gap widens to Rs 4K cr, PSPCL seeks power tariff hike". Tribuneindia News Service. 21 December 2022. Retrieved 21 December 2022.
  3. "Establishment and incorporation of State Commission | Company Vakil Legal Library". companyvakil.com. Retrieved 2 February 2022.
  4. Ranjan, Rakesh (4 May 2021). "Ministry Directs Electricity Regulators to Ensure Timely Issue of Tariff Orders". Mercom India. Retrieved 2 February 2022.
  5. "A comparison of renewable energy regulations". Law.asia. 10 December 2021. Retrieved 2 February 2022.
  6. "Power Of The State Electricity Regulatory Commission To Review Tariffs Under A Power Purchase Agreement - Energy and Natural Resources - India". mondaq.com. 29 September 2016. Retrieved 2 February 2022.
  7. "Punjab industry demands power tariff declaration before April 1". Hindustan Times. 2 March 2022. Retrieved 24 March 2022.
  8. "Punjab power subsidy bill to touch Rs 14,000 crore this fiscal". The Indian Express. 5 October 2017. Retrieved 24 March 2022.
  9. "Functions of State Electricity Regulatory Commission". Advocatetanmoy Law Library. 15 March 2019. Retrieved 2 February 2022.
  10. "Government versus regulatory: The Centre must maintain the balance of power". The Financial Express. 11 November 2020. Retrieved 2 February 2022.
  11. "State Electricity Regulatory Commissions (SERCs) are a substitute for civil courts and can execute their own orders. Appellate Tribunal and SERCs have the power to issue directions time bound payment: Supreme Court". JSA. 11 October 2021. Retrieved 2 February 2022.
  12. "India Code: Section Details". indiacode.nic.in. Retrieved 2 February 2022.
  13. "pserc: At Pserc Public Hearing, Bizmen Raise Demands | Ludhiana News - Times of India". The Times of India. 9 February 2022. Retrieved 24 March 2022.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.