In a recent development, Ramesh Babu V has sworn in as a Member of the Central Electricity Regulatory Commission (CERC) on May 21, 2024. The oath ceremony was officiated by Union Minister for Power and New & Renewable Energy, R. K. Singh.

Ramesh Babu V brings with him a wealth of experience, holding an M. Tech Degree in Thermal Engineering and a B. Tech degree in Mechanical Engineering. Prior to his appointment, he served as the Director (Operations) at NTPC until his retirement, showcasing a distinguished career trajectory within the organization.

The CERC, established by the Government of India under the Electricity Regulatory Commissions Act, 1998, serves as the apex regulatory body in the electricity sector. Comprising a Chairperson and three Members, with the Chairperson of the Central Electricity Authority serving ex-officio, the commission plays a pivotal role in regulating various aspects of electricity generation, transmission, and distribution.

Among its key responsibilities delineated under the Electricity Act, 2003, the CERC is tasked with regulating tariffs for generating companies under Central Government control, as well as those operating across multiple states. Additionally, it oversees inter-state transmission of electricity and sets tariffs for such transmission. Moreover, the commission is entrusted with issuing licenses for inter-state transmission and trading, adjudicating disputes, and advising the Central Government on policy formulation to ensure the efficiency, competitiveness, and investment promotion within the electricity sector.