CERC Standard of Performance Regulations
The electricity transmission business being a natural monopoly, it is important to have an objective framework on which the performance of various transmission licensees can be judged. In line with this, State Electricity Regulatory Commissions (SERCs) and Central Electricity Regulatory Commission (CERC) have framed standard of performance regulations for transmission licensees within their jurisdiction.
The CERC has issued Standards of Performance of inter-State transmission licensee regulations dated 17th September 2012. The primary purpose of these regulations is to ensure compliance of the Standards of Performance by the inter-State transmission licensees and to provide for an efficient, reliable, coordinated and economical system of electricity transmission, non-adherence of which would entitle the affected parties to compensation.