Central Electricity Regulatory Commission regulations decide how Inter-State Transmission System charges are shared
Background
Central Electricity Regulatory Commission, written short as CERC, frames the rules for carrying power from one State to another. The sharing of ISTS charges rests on a 2020 set of rules, the Sharing of Inter State Transmission Charges and Losses Regulations, together with a later amendment. Grid connectivity falls under a second set made in 2022, the Connectivity and General Network Access Regulations, which lay down timelines and procedures. Central Transmission Utility, or CTU, is the Nodal Agency for Connectivity or General Network Access to the ISTS. Under Section 38 (2)(c) of the Electricity Act 2003, CTU has to ensure the development of an efficient, coordinated and economical system of ISTS. The Ministry of Power and the Central Electricity Authority, or CEA, also monitor the transmission system. ISTS charges are shared by drawee DICs, that is Designated ISTS Customers.
In plain words
CERC Central Electricity Regulatory Commission — The central regulator that frames regulations for inter-State transmission.
ISTS Inter-State Transmission System — The network that carries electricity from one State to another.
CTU Central Transmission Utility — The nodal agency for connectivity and general network access to the ISTS.
CEA Central Electricity Authority — The body that plans and monitors the transmission system at the national level.