CENTRE OF EXCELLENCE FOR REGULATORY AFFAIRS IN THE POWER SECTOR LAUNCHED AT IIT DELHI

1. At a Glance

2. Why in the News

3. Background & Evolution

4. Core Static Facts

5. Multi-Dimensional Analysis

Administrative / Governance - Unique tripartite institutional model — regulator (CERC), operator (Grid India), academia (IIT Delhi) — addressing the long-standing regulatory capacity deficit in India's electricity sector [S2]. - Supports evidence-based regulation in tariff design, market structuring and grid codes [S2].

Economic - Targets efficiency of power markets (DAM, RTM, GTAM) under CERC purview; better regulation lowers cost of electricity and risk premia for investors [S2][S3]. - Strengthens advisory inputs for inter-State transmission tariff (CERC's mandate under Sec. 79 of Electricity Act, 2003) [S3].

Environmental / Technological - Designed to support regulation of large-scale renewable integration, storage, ancillary services and digital technologies in grid management [S1][S2].

Legal / Constitutional - Electricity is in the Concurrent List (Entry 38, List III) — CoE outputs will feed both Centre and SERCs. - CERC's role flows from Electricity Act, 2003 (Sections 76, 79); the CoE has no separate statutory base — it is an institutional/MoU arrangement [S3].

6. Recent Developments (last 12-18 months)

7. Prelims Hooks

8. Mains Relevance

9. Related Topics to Study Next

10. Common Errors / Trap Areas

11. Sources