The company is responsible for implementation of a number of government schemes, major ones being the VGF schemes for large-scale grid-connected projects under JNNSM, solar park scheme and grid-connected solar rooftop scheme, along with a host of other specialized schemes such as defence scheme, canal-top scheme, Indo-Pak border scheme etc. In addition, SECI has ventured into solar project development on turnkey basis for several PSUs. Central Electricity Regulatory Commission: Central Electricity Regulatory Commission (CERC), a key regulator of power sector in India, is a statutory body functioning with quasi-judicial status under Sec-76 of the Electricity Act 2003. CERC was instituted primarily to regulate the tariff of Power Generating companies owned or controlled by the government of India, and any other generating compan which has a composite scheme for power generation and interstate transmission of energy, including tariffs of generating companies. The Commission has notified the Central Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2012, on 06.02.2012 (hereinafter referred to as “the RE Tariff Regulations”), which provide for terms and conditions and the procedure for determination of tariff of the generic tariff of Renewable Energy (RE) generating stations for all the states in India by considering the cost escalation rate, WPI, CPI, raw material indices, etc. CERC determines the generic tariff orders for all the renewable energy generating stations every year. State Electricity Regulatory Commissions (SERCs): State Electricity Regulatory Commissions (SERCs) are the electricity regulators operating at various state levels. They are mainly involved in determining the tariff of intra state generating stations, intra state transmission system and the renewable energy generations of Renewable Energy Generating Stations. All the States in India have their own Electricity Regulatory Commission like APERC, MERC, AERC, MPERC, KERC, KSERC, TNERC, etc. Central Transmission Utility: POWERGRID is the Central Transmission Utility (CTU) in India. As per Section-38 of Electricity Act, 2003 the CTU is to undertake transmission of electricity through inter-State transmission system; to discharge all functions of planning and co-ordination relating to inter-State transmission system with–State Transmission Utilities, Central Government, State Governments, Generating Companies, Regional Power Committee, Authority, licensee, etc. Further, CTU is to ensure development of an efficient, co-ordinated and economical system of inter-State transmission lines for smooth flow of electricity from generating stations to the load centres. They are also involved in providing non-discriminatory open access to its transmission system for use by any licensee or generating company on payment of the transmission charges. CTU is mainly responsible for Grant of Connectivity and Open Access for Inter-state Generating Station and Inter-State Transmission System.State Transmission Utility: Each State in India has their own Transmission Utility (STU). As per Section-39 of Electricity Act, 2003 the CTU is to undertake transmission of electricity through inter-State transmission system; to discharge all functions of planning and co-ordination relating to intra-State transmission system with–Central Transmission Utilities, State Governments, Generating Companies, Regional Power Committee, Authority, licensee, etc. Further, STU is to ensure development of an efficient, co-ordinated and economical system of intra-State transmission lines for smooth flow of electricity from generating stations to the load centres. They are also involved in providing non-discriminatory open access to its transmission system for use by any licensee or generating company on payment of the transmission charges with in the State. STU is mainly responsible for Grant of Connectivity and Open Access for Intra-state Generating Station and Intra-State Transmission System.
