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Home News Power Sector News World Bank actively involving in the annual conference of Forum of Regulators

World Bank actively involving in the annual conference of Forum of Regulators

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Forum of regulators try to implement World Bank suggestionsThe annual conference of Forum of Regulators, a body of chairpersons of Central Electricity Regulatory Commission and all state electricity regulatory commissions held at Bhuvaneswar on 14-11-2008,  has decided to promote competition through open access and opined that state government should make State Load Despatch Centres functionally autonomous. World Bank representatives are also  making a presentations in the conference said Orissa Electricity Regulatory Commission sources.

It has decided to set up a Forum of Load Despatchers ( FOLD) consisting of national, regional and state level centres to share the best practices on reliable and economic grid operations.

The forum have also decided that gains of distribution licensees resulting from performances exceeding the benchmark set by regulatory commissions should be shared with the consumers.

The multi-year tariff system is a move towards attracting investment and providing some amount of security to the investor. Instead of annual tariff structures, a three year or five year tariff can be worked out, noted the regulators today.

Talking to reporters after a meeting of working groups which discussed the open access system, evacuation of renewable energy and multi-year tariff systems, Mr Pramod Deo, chairman Central Electricity Regulatory Commission said: "working groups relating to each of the above discussed today and submitted their reports."

"In order to enhance transparency of the open access regime, the Website of the Forum will display the applicable open access charges with illustrations," he said.
"With regards to environment friendly renewable energy, the distribution licensees should procure a minimum level of energy from such sources and the desirable percentage would be around five per cent to fulfil the target of national action plan on climate change," he said.
Mr Deo however pointed out that there are problems of evacuation of such power. In some states like Delhi there is absolutely no resource for such power except for solid waste and it has set a target of one percent whereas some other states have set targets of 10 per cent he noted.
"The mechanism to overcome differences between states is to usher in some kind of Renewable Energy Certificate trading practice," he observed.
 

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