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What is the Role of ERA?

ANS:

  • Licensing Role: Licensing all Operators and Owners of generation, transmission, distribution, sale, export, and import of electricity businesses.
  • Sector performance: Develop / Establish and Enforce Sector Performance Standards i.e. financial, technical, and commercial to ensure quality and safety of electrical power to Consumers.
  • Tariff Structure setting: Establish the Electricity Tariff Structure and regularly review the same for computation of end-user tariffs and electricity pricing.
  • Approval of Tariffs: Approve Tariff Applications by Power Companies.
  • Supervisory Role: Regulatory supervision of all licensed companies and businesses to ensure they comply with terms of licenses issued.
  • Advisory Role: Advise the Energy Minister regarding the need for electricity sector projects.
  • Stakeholder Consultation: Safeguarding all stakeholders’ interests through a wide consultation process.
 
     

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