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Cross Border Trade of Electricity Regulations, 2019 Notified.

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ABOUT REGULATIONS:

The Central Electricity Regulatory Commission (Cross Border Trade of Electricity) Regulations, 2019 has been notified or published in the official Gazette of India, as on 14th of May 2019. In accordance with the provisions of Section 178 of the Electricity Act 2003 (36 of 2003) read with Section 66 thereof and the Guidelines on import and export of Electricity issued by Ministry of Power, Government of India, the Central Electricity Regulatory Commission hereby makes the following regulations (The Central Electricity Regulatory Commission (Cross Border Trade of Electricity) Regulations, 2019). These regulations shall come into force from the date of publication in the Official Gazette.

SCOPE OF THESE REGULATIONS:

These rules and regulations shall be applicable to the entities in India carrying out the cross border trade of Electricity with India. Provided that the entities located in India who are seeking connectivity or long-term access or medium-term open access or short-term open access to the Indian grid in the course of cross border trade of electricity between India and any of the neighbouring countries shall continue to be governed by Connectivity Regulations and the STOA Regulations.

Cross border trade of electricity between India and the neighbouring country(ies) shall be allowed through mutual agreements between Indian entity(ies) and entity(ies) of the neighbouring country(ies) under the overall framework of agreements signed between India and the neighbouring country(ies) consistent with the provisions of the prevailing laws in the respective country(ies), including (i) through bilateral agreement between two countries; (ii) through bidding route; or (iii) through mutual agreements between entities; or

Provided that in case of tripartite agreements, the cross border trade of electricity across India shall be allowed under the overall framework of bilateral agreements signed between Government of India and the Governments of the respective neighbouring countries of the Participating Entities.

Notwithstanding the provisions of these regulations, anything done or any action taken or purported to have been done or taken for cross border trade of electricity with neighbouring country(ies) under any Agreement in force prior to the date of coming into force of these Regulations, shall be deemed to have been done or taken under the provisions of these Regulations and shall continue to be in place till the expiry of the said Agreements.

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