The Viewpoint: CERC allows NTPC to utilize NVVN’s Trading Licence

Budget

Aniket Prasoon & Abhishek Kumar

The Central Electricity Regulatory Commission by its order dated October 14, 2016 has rejected NTPC’s prayer to grant a separate trading licence. However, it has allowed NTPC to utilize the trading licence already granted to its wholly owned subsidiary - NTPC Vidyut Vyapar Nigam Limited. Set out below is a summary of the order, our analysis and observations on the same.

Brief Background

NTPC Vidyut Vyapar Nigam Limited . . .

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