Government appoints Ramesh Babu V as member of Central Electricity Regulatory Commission.

Shri Ramesh Babu V has been sworn in as member of the Central Electricity Regulatory Commission on May 21, 2024. Union Minister of Power and New and Renewable Energy Shri R.K. Singh administered him the oath of office and secrecy.

Shri Ramesh Babu V holds an MTech degree in Thermal Engineering and a BTech degree in Mechanical Engineering. From May 2020 till his retirement, he held the post of Director (Managing) of NTPC and prior to that he had served in various capacities of NTPC.

The Central Electricity Regulatory Commission (CERC) was established by the Government of India under the provisions of the Electricity Regulatory Commissions Act, 1998. CERC is the Central Commission for the purposes of the Electricity Act, 2003 which has repealed the ERC Act, 1998. The Commission consists of a Chairperson and three other Members. Additionally, Chairperson, Central Electricity Authority is the ex-officio Member of the Commission.

Major functions of CERC under the Electricity Act, 2003 are, among others, to regulate the tariff of generating companies owned or controlled by the Central Government, to regulate the tariff of other generating companies having a composite scheme for generation and sale of electricity in more than one State, to regulate the inter-State transmission of electricity and to determine tariff for inter-state transmission of electricity. Under the Act, CERC is mandated to carry out certain other functions also, including to issue license for in.