The Union Cabinet, chaired by the Prime Minister, Mr. Narendra Modi, has given its approval for Central Electricity Regulatory Commission’s proposal for entering into a Memorandum of Understanding between Central Electricity Regulatory Commission (CERC), India and Federal Energy Regulatory Commission (FERC), United States of America (USA) for exchange of information and experiences in areas of mutual interest to both in the electricity sectors.
The MoU will help in improving regulatory and policy framework for developing efficient whole sale power market and enhancing grid reliability.
The activities to be carried out under the MoU include the following:
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