Promote, do not stifle power trade competition

In its statement of reasons for fixing the trading margins on electricity trading, the Central Electricity Regulatory Commission (CERC) has emphasised the need for protecting the common man against price increases arising from retrograde profiteering. It has also stated that state utilities have welcomed the proposal for fixing trade margins. At the same time, it recognises that units available for trading constitute less than 5% (around 2-3%) of total units sold in the country. Full Text