Regulatory compliance mechanism for power utilities on the anvil

The Centre believes the move would help state commissions adopt best practices; it would also speed up implementation of reforms and regulatory policies

India will have a regulatory compliance mechanism for the power distribution utilities. Union minister of power and new & renewable energy R K Singh on Thursday said the ministry of power has set up a regulatory compliance division to monitor the various regulatory parameters and their compliances by the distribution companies (discoms) as well as state regulatory commissions.

The minister met with the electricity regulators and the forum of regulators, following which norms on various regulatory parameters and issues would be worked out. These norms would be adopted by the state commissions.

Contractual and regulatory violations have not only deterred