GOVERNMENT OF INDIA
MINISTRY OF POWER
LOK SABHA
UNSTARRED QUESTION NO: 3286
ANSWERED ON:13.08.2010
CAP ON SALE PRICE OF ELECTRICITY BY CERC
(a) whether the Central Electricity Regulatory Commission (CERC) proposes to put a cap on the sale price of electricity in order to restrain escalation of price of electricity traded in the bilateral market and through power exchanges in the country;
(b) if so, the details thereof;
(c) whether the private distribution companies in the country and the Indian Energy Exchange Limited have resented this move of the CERC;
(d) if so, the details thereof; and
(e) the reaction of the Government thereto?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF POWER(SHRI BHARATSINH SOLANKI)
(a) :No, Madam.There is no such proposal presently.
(b) to (e) :Do not arise.