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Govt praises CERC for its contribution in power sector

By Religare
|

The Indian Government has praised the role of regulator CERC in the rise of the power sector, media reported.

Commenting on the issue, Union Minister Piyush Goyal told the media, "The CERC has acted as a benchmark regulator in the country. The regulator has to act as a bridge between developers and consumers, simultaneously balancing the interest of both parties."

"The regulator has contributed to the growth and development of power sector over the years," he added.

 

The Minister inaugurated the modified website of CERC. The website with a new look is aimed at improving user interface and providing better access to information to the masses. He also unveiled new logo of CERC along with the website.

As per reports, the new logo is designed by National Institute of Design, Ahmedabad to symbolise the changing face of CERC in the country from merely being a tariff setter to a facilitator of development of power sector and the market.

The CERC was established in 1998 under Electricity Regulatory Commission (ERC) Act, 1998. Its main objective is to monitor power tariff regulations in the country.

Story first published: Monday, July 27, 2015, 12:40 [IST]
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