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8/22/2019 Cerc Short Trading11october
1/27
(TOBEPUBLISHEDINTHEGOVERNMENTOFINDIAEXTRAORDINARYPARTIIISECTION4)
CENTRALELECTRICITY
REGULATORY
COMMISSION
NEWDELHI
NOTIFICATION
Datedthe11th
October,2012
No.L7/143/158/2012CERC: In exercise of powers conferred under section 178 of the
Electricity Act, 2003 (Act No. 36 of 2003) and all other powers enabling it in this behalf, and
after previous publication, the Central Electricity Regulatory Commission hereby makes the
following regulations, to amend Central Electricity Regulatory Commission (Procedure, Terms
and
Conditions
for
grant
of
trading
licence
and
other
related
matters)
Regulations,
2009,
(hereinafterreferredtoasthePrincipalRegulations),namely:
1.Shorttitleandcommencement: (1)TheseregulationsmaybecalledtheCentralElectricity
RegulatoryCommission(Procedure,TermsandConditionsforgrantoftradinglicenceandother
relatedmatters)
(First
Amendment)
Regulations,
2012.
(2) These regulations shall come into force with effect from the date of their publication in the
Official Gazette.
2.
Amendment
of
Regulation
2
of
Principal
Regulations:
(1) Subclause(g)ofclause(1)ofRegulation2ofPrincipalRegulationsshallbesubstitutedas
under,namely:
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(2) Subclause(k)ofclause(1)ofRegulation2ofPrincipalRegulationsshallbesubstituted
asunder,namely:
(k) interState trading means purchase of electricity from one State for resale in
another State and includes electricity imported from any other country for resale
within India or exported to anyother country subjectto compliance with applicable
lawsandclearancebyappropriateauthorities.
(3)A
new
sub
clause
(ki)
shall
be
inserted
after
sub
clause
(k)
of
clause
(1)
of
Regulation
2of
PrincipalRegulationsasunder,namely:
(ki)intraStatetradingmeanspurchaseofelectricityforresalewithinthe
territory
of
the
same
State;
(4) Subclause(m)ofclause(1)ofRegulation2ofPrincipalRegulationsshallbesubstitutedas
under,namely:
(m) licenseemeans a person who has beengranted licence for interState trading
under
section
14
of
the
Act:
Provided that if any licensee undertakes intraState trading based on the licence
for interState trading granted by the Commission, the licensee shall be regulated
undertheseregulationsforthepurposesasspecifiedwhichshallbeinadditiontoand
notinderogationofanyregulationsonintraStatetradingspecifiedbytheconcerned
StateCommission;
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Provided that the applicant should have been authorized to undertake trading in
electricityinaccordancewithitsconstitutional/organizationaldocumentssuchasthe
MainObjectsintheMemorandumofAssociation(incaseofacompanyincorporated
undertheCompaniesAct,1956)orthePartnershipDeed(incaseofapartnershipfirm
registeredundertheIndianPartnershipAct,1932)ortheconstitutionaldocumentsof
LimitedLiabilityPartnerships underLimitedLiabilityPartnershipAct,2008.
(2)
Clause3of
Regulation
3of
the
Principal
Regulations
shall
be
substituted
as
under,
namely:
(3)CapitalAdequacyandLiquidityRequirements:
(a) Considering the volume of interState and intraState trading proposed to be
undertaken by the applicant on the basis of the interState trading licence, the
minimumnetworthoftheapplicantonthedateofapplication,asperauditedspecial
balance sheet accompanying the application, shall not be less than the amounts
specifiedhereunder:
Categoryof
the
TradingLicenceVolume
of
electricity
proposed
tobetradedinayearincluding
intraStatetrading,where
applicable
MinimumNet
Worth(Rs.In
crore)
CategoryI NoLimit 50.00
CategoryII Notmorethan1500MUs 15.00
CategoryIII Notmorethan500MUs 5.00
Category
IV
Not
more
than
100
MUs
1.00
(b)Anapplicantshallberequiredtomaintainthenetworthasspecifiedinthisclauseatall
times:
Provided that if an existing licensee is required to possess the networth requirement of any
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proposedtobetradedduring201213supportedbyspecialbalancesheetason31stAugust
2012.
(c)The applicant shall have minimum current ratio of 1:1 and liquidity ratio of 1:1 on the
dateofauditedspecialbalancesheetaccompanyingtheapplication.
Note:Thenetworthandthecurrentandliquidityratiosspecifiedinthisregulationshallbe
computed on the basis of the audited balance sheet prepared in accordance with the
financialreportingframeworkprescribedundertheCompaniesAct,1956.
4. AmendmentofRegulation4ofthePrincipalRegulations
(1)
Clause(c)
of
Regulation
4of
the
Principal
Regulations
shall
be
substituted
as
under:
(c) Anorderrevokingthelicenceoftheapplicant,oranyofhisassociates,orpartners,
or promoters, or Directors, has been passed by the Commission for the reasons
mentioned in subsection (1) of section 19 of the Act and a minimum period of three
yearshasnotpassedfromthedateofsuchrevocation;or
(2) Clause(e)oftheRegulation4ofthePrincipalRegulationsshallbesubstitutedasunder,
namely:
(e) WhereanapplicantoranyofhisassociatesorpartnersorpromotersorDirectors
has in the past been found guilty in any proceedings for noncompliance of any of the
provisionsof
the
Act
or
the
rules
or
the
regulations
made
thereunder
or
an
order
made
bytheCommission,theapplicantshallbedebarredfromapplyingfortradinglicencefora
maximumperiodofthreeyears from thedatesuchnoncompliancewas establishedby
anorderoftheAppropriateCommission:
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(3) A new clause (f) shall be added to Regulation 4 to the Principal Regulations as under,
namely:
On the date of application or thereafter, if any proceeding for noncompliance of any
provision of the Act, or the Rules or the Regulations framed thereunder or for non
compliance of the order of the Commission is initiated against the applicant, the
applicationshallbeconsideredafterthefinaldisposaloftheproceedings:
Provided
that
where
the
applicant
is
found
guilty
of
noncompliance
in
the
proceeding, its application shall be dealt with in accordance with Clause (e) of this
regulation.
5. AmendmentofRegulation6ofthePrincipalRegulations
(1) Subclause (a) of clause (1) of Regulation 6 of the Principal Regulations shall be
substitutedasunder,namely:
(a)suchfeeasmaybeprescribedbytheCentralGovernment fromtimetotimeand
payablethroughNEFT/RTGSonlyaspertheprocedurespecifiedinCentralElectricity
Regulatory
Commission
(Payment
of
Fees)
Regulations,
2012
or
any
subsequent
enactmentthereof.
(2) Subclause (b) of clause (1) of Regulation 6 of the Principal Regulations shall be
substitutedasunder,namely:
(b) Copies of the annual reports in case of the persons incorporated under the
Companies Act, 1956 (1 of 1956) and audited accounts along with the Directors
Report, Auditors Report, the Schedules and notes on accounts for one year
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(3)Subclause(i)ofclause(4)ofRegulation6ofthePrincipalRegulationsshallbesubstitutedas
under,namely:
(i) Networth,currentratioandliquidityratiooftheapplicantason thedateofthe
auditedspecialbalancesheetaccompanyingtheapplication;
(4) Anewsubclause(t)shallbeaddedaftersubclause(s)ofclause(4)ofRegulation6of
thePrincipalRegulations,asunder,namely:
(t) Astatementonaffidavit incase theapplicant is inpossessionofany intraState
tradinglicence
and
the
details
of
the
volume
of
trading
allowed
(in
Million
Units)
as
per
thesaidlicence.
6. AmendmentofRegulation7ofthePrincipalRegulations
(1) Thefollowingprovisoshallbeaddedafterthesecondprovisotoclause(b)ofRegulation
7ofthePrincipalRegulations,namely:
Provided also that a licensee may make an appropriate Application accompanied by
prescribedfeesforupgradationof its licencetoahighercategoryordowngradationof
itslicence
to
alower
category
ifit
fulfills
the
conditions
of
these
regulations
for
grant
of
suchlicencebutitshallnotberequiredtofollowtheprocedurespecifiedinRegulation6
oftheseregulations:
Provided further that the licensee shall be heard by the Commission before taking a
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"Provided that where it is established on the basis of regulatory audit carried out in
accordancewithclause(3)ofRegulation8oftheseregulationsthatthelicenseehascharged
tradingmarginabovetheceilingspecified intheCentralElectricityRegulatoryCommission
(FixationofTradingMargin)Regulations,2010,theCommissionmaydirectdisgorgementof
excessmarginalongwithinterest,attherateasmaybespecifiedbytheCommission,after
givinganopportunityofhearingtothelicensee."
(3) In clause (m) of Regulation 7 of the Principal Regulations, after the words pay the
licencefee,thewordsbythestipulateddateshallbeadded.
(4) Clause(p)ofRegulation7ofPrincipalRegulationsshallbesubstitutedasunder,namely:
(p) The licensee shall maintain up to date record of all trading transactions
undertaken by him, separately for OTC interState transactions, OTC intraState
transactions, if any, made on the basis of interState trading licence and transactions
throughthepowerexchange.
(5) Threenewclausesshallbeaddedafterclause(r)ofRegulation7ofPrincipalRegulations
asunder,namely:
(s) The licensee shall immediately but not later than one month report to the
Commission
any
change
in
the
networth
which
makes
it
ineligible
to
continue
in
the
categoryforwhichthelicencehasbeengranted.
(t) The licensee shall not at any time transfer or assign its license in any manner
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Provided further that the licensee shall make an appropriate application before the
Commissioncontainingthedetailsofthepersontowhomthe licence isproposedtobe
transferredorassigned, itseligibilitytoholdthe licenceundertheseregulationsandan
affidavit from the proposed transferee or assignee that it will abide by the terms and
conditions of licence and comply with the provisions of the Act, Rules and regulations
madethereunderandtheordersoftheCommissionasmaybeissuedfromtimetotime:
Provided
also
that
the
licensee
shall
be
required
to
publish
in
brief
in
two
daily
newspapershavingcirculation ineachofthe fiveregions inadditiontothosepublished
fromDelhi,includingoneeconomicdailynewspaperaboutitsapplicationfortransferor
assignmentofitslicenceandinvitesuggestions/objectionswithin30daysandsubmitthe
copies of the publication along with its response to the suggestions/objections, if any,
within45daysfromthedateofpublication.
(u) ThelicenseeshalldesignateoneofitsofficersasComplianceOfficerwhoshallbe
the nodal officer for communication with the Commission and shall be responsible for
compliance with all matters pertaining to the terms and conditions of the licence, the
provisions
of
the
Act
and
the
regulations
of
the
Commission.
The
licensee
shall
vest
adequatefreedomandpowersinitsComplianceOfficerfortheeffectivedischargeofhis
dutiesundertheseregulations.
7. AmendmentofRegulation8ofPrincipalRegulations
(1) In subclause (e) of clause (1) of Regulation 8 of Principal Regulations, the words
accounting statement shall be substituted with the words audited annual financial
statement.
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(3) TheCommissionmay, ifconsiderednecessary,appointauditorsand/orexpertstocarry
out regulatory audit to investigate into the compliance of the terms and conditions of the
licenceby
the
licensee
in
accordance
with
Section
128
of
the
Act
and
in
such
cases,
the
cost
of
auditshallbepaidbytheCommissionandrecoveredfromthelicensee.
8. AmendmentofRegulation9ofPrincipalRegulations
(1) Clause(b)ofRegulation9ofPrincipalRegulationsshallbesubstitutedasunder:
(b) furnishmonthlyinformationinFormsIVA,IVB,IVC,IVD,IVE,IVF,IVGandIVH
in respect of interState trading, intraState trading, trading through power exchanges
andlong
term
trading,
cross
border
trading
and
banking
transactions
so
as
to
reach
the
Commissionbefore15th
ofthesucceedingmonth:
ProvidedthattheinformationsenttotheCommissionshallbepostedonthewebsite
ofthe licenseeby15th
ofthesucceedingmonth,andsuchreportshallbeavailableon
thewebsitefornotlessthantwoyears.
(2) Three new clauses shall be added after clause (b) of Regulation 9 of Principal
Regulationsandshallbenumberedasclauses(ba),(bb)and(bc)asunder,namely:
(ba) Submit open position report on a monthly basis as per Form IVI for risk
monitoringpurpose:
Providedthat information involvingcommercialconfidenceshallnotbeaccessibleto
themembersofthepublic.
(bb) Submit information regarding OTC Contracts on weekly basis as per Form IV J
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transacted on Power Exchange and the total trading margin charged thereon, total
volumesofRenewableEnergyCertificatestransactedandmarginchargedthereonand
complete list of Buyers and Sellers in the above categories, certified by Chartered
AccountantorCostAccountantby31stMayeveryyear:
Provided that the above information shall be submitted by the licensee without
prejudicetothesubmissionoftransactionwiseinformationasperFormsIVA,IVB,IV
C,
IVF,
IVG
and
IV
H
for
compliance
of
Central
Electricity
Regulatory
Commission
(FixationofTradingMargin)Regulations,2010.
(3) ThewordsandintraStateshallbeaddedafterthewordinterStateinclause(c)of
Regulation9ofPrincipalRegulations.
(4)
A
new
clause
(ca)
shall
be
added
after
the
clause
(c)
of
Regulation
9
of
Principal
Regulations,namely:
(ca) Theinformationasrequiredunderclauses(b)to(bc)ofthisregulationshallalso
befurnishedbythedeemedtradinglicenseesasdefinedinsection14oftheActforthe
purpose
of
monitoring
inter
State
trading
transactions;
(5) A new subclause (v) shall be added under clause (d) of Regulation 9 of the Principal
Regulationsasunder,namely:
(v) Whereanyproceedinghasbeeninitiatedinanycourtoflawagainstthelicensee
for
material
breach
of
any
law
or
before
the
Appropriate
Commission
for
contravention
of the Act, the Rules and Regulations made thereunder or noncompliance with the
ordersand directionsoftheCommissionoroftheStateCommissions.
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(3) The licenseeshalldisplayon itswebsite(i)thevolumeof interStateand intra
Statetrading,ifany,onmonthlybasis;(ii)trading licencesheldbyit;(iii)petitionsfiled
before the Commission and the orders including interim orders, if any, issued by the
Commissiontoensuredisseminationofinformationtoitsclients.
10. AmendmentofRegulation14ofthePrincipalRegulations
(1) TheProvisostosubclause(g)ofclause(1)ofRegulation14shallbedeleted.
(2) Anewsubclause(h)shallbeaddedaftersubclause(g)ofclause(1)ofRegulation14of
thePrincipalRegulations,namely:
(h)Where
the
licensee
has
failed
to
pay
the
fees
by
the
due
date
as
per
the
Central
ElectricityRegulatoryCommission(PaymentofFee)Regulations,2012orothercharges
requiredbyitslicenceoranypenaltyimposedbytheCommission;
(3) The existing clauses (2) and (3) of Regulation 14 of Principal Regulations shall be
substitutedasunder,namely:
(2) IftheCommission,aftermakinganenquiry, issatisfiedthatanyofthegrounds
for revocation as mentioned in clause (1) exists and public interest so requires, the
Commission may revokethe licence subjectto such termsandconditions as may be
deemedappropriate:
ProvidedthattheCommissionhasgivenanoticeofnotlessthanthreemonthstothe
licensee stating the grounds on which it is proposed to revoke the licence and has
considered the cause shown by the licensee within the period of notice against the
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conditionssoimposedshallbedeemedtobetermsandconditionsofthelicenceand
shallbebindingonthelicensee.
(3) Where the licensee makes an application for revocation of licence, the
applicationshallcontainthefollowinginformationanddocuments:
(a) reasonsforseekingrevocation;
(b)
anaffidavit
to
the
effect
that
the
licensee
has
deposited
the
licence
fee
for
the
year inwhichrevocation issought;thattherearenoundischarged liabilitiesagainst
the licensee; that that there are no operative contracts for trading of electricity to
whichtheapplicantisapartyatthetimeoffilingthesaidapplication;
(c) anaffidavittotheeffectthattheapplicanthaspostedthecompleteapplication
onitswebsiteandshallkeeptheapplicationuploadedonitswebsitetillitsdisposalby
theCommission;
(d) documents showing that the licensee has published the notice about its
application for revocation in two daily newspapers having circulation in each of the
five
regions
in
addition
to
those
published
from
Delhi
including
one
economic
newspaper;
(4) Where the Commission, after considering the application made in accordance
withclause(3),issatisfiedthatpublicinterestsorequires,theCommissionshallrevoke
the
licence,
as
to
the
whole
or
any
part
of
the
area
of
trading
upon
such
terms
and
conditionsastheCommissionmayconsiderappropriate;
(5) Where the licence is revoked under clauses (2) and (4) of this regulation, the
Commission shall serve a notice of revocation on the licensee and fix a date from
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CHAPTER5A
CONTRAVENTIONANDPENALTIES
(2) ThreenewRegulationsshallbemadeunderChapter5Aasunder,namely:
14A. ContraventionbyLicensee
(1)Contraventions of the provisions of the Act, Rules and Regulations framedthereunder
and
non
compliance
of
the
orders
of
the
Commission
by
alicensee
shall
be grouped under two categories such as serious contraventions and nonserious
contraventions.
(2)Seriouscontraventionsshallcoverthefollowing:
(a)
Violations
and
non
compliance
of
the
provisions
of
the
Act,
Rules
and
the
Regulations specified by the Commission, particularly, Central Electricity
Regulatory Commission (Procedure, Terms and Conditions for grant of trading
licence and other related matters) Regulations, 2009, Central Electricity
Regulatory Commission (Fixation of Trading Margin) Regulations, 2010, Central
Electricity
Regulatory
Commission
(Indian
Electricity
Grid
Code)
Regulations,
2010, Central Electricity Regulatory Commission (Grant of Connectivity, Long
term Access and Mediumterm Open Access in interState Transmission and
related matters) Regulations, 2009, Central Electricity Regulatory Commission
(Open Access in interState Transmission) Regulations, 2008, Central Electricity
Regulatory
Commission(Payment
of
Fees)
Regulations,
2012,
Central
Electricity
RegulatoryCommission(PowerMarket)Regulations,2010andasamendedfrom
timetotimeoranysubsequentamendmentthereof;
(b) D lib d i f i l i hl i
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(d) anywillful,repeatedandpersistentviolationofnonseriouscontraventions
committedbythelicensee.
(e)Nonpaymentofthe licence feesandsurcharge ifapplicablewithinthedue
dateasspecifiedinCentralElectricityRegulatoryCommission(PaymentofFees)
Regulations,2012.
(3)The following contraventions by a licensee shall be treated as nonseriouscontravention:
(a)nonsubmissionordelayinsubmissionofanyreportrequiredtobesubmittedby the licensee under any of the regulations mentioned in subclause (a) of
clause(2)ofthisregulation;
(b)delay in submission of monthly transaction information sought under clause(b)ofRegulation9;
(c) delayinsubmissionofanyotherinformationsoughtbytheCommission;(d)failure to make mandatory disclosures or reporting in accordance with the
provisotoclause(b)ofRegulation9oftheseregulationonlicenseeswebsite;
14B. Procedurefortakingcognizanceofthecontraventions
(1) The Commission, on being satisfied on the basis of the information in its
possessionoronthebasisoftheinformationsubmittedbyanypersonthataprimafacie
case
exists
against
any
licensee
under
any
of
the
provisions
of
Regulation
14A,
shall
initiate suomotu proceedings against the licensee and shall direct the licensee to
submit such information and explanation as may be considered necessary for the
purpose of the proceeding;
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Regulations,2012andthesevendaysperiodshallbedeemedtobeanoticeunderthis
regulation:
Providedfurtherthatthelicenceshallbedeemedtobesuspendedafterexpiryofseven
daysfromtheduedateofpaymentandshallremainsuspendedtillthepaymentoffees
andsurcharge,ifany,ismadeorsuspensioniswithdrawn.
(2) No penalty shall be imposed on the licensee without giving an opportunity of
hearing.
(3) ThepenaltiesifanyshallbeimposedinaccordancewithRegulation14Cofthese
regulations.
14C. PenaltiesforContraventionandnoncompliance
(1)
Where
the
charge
of
serious
contraventions
is
established
against
the
licensee,
the
Commissionmay:
(a) direct thatthe licensee shallpay,bywayof penalty, asumwhichshallnotexceedrupeesonelakhforeachcontravention;
and/or
(b) debar the licensee, from trading in short term market or medium termmarketorthroughpowerexchangesforaperiodnotexceeding oneyear;or
(c) suspendthelicencefortradinginelectricityforaperiodnotexceeding oneyear;or
(d) revokethelicenceofthelicensee;or(e) issue such other directions or impose such other condition as the
Commissionmaydeemappropriate.
Provided that in case of debarment or suspension NLDC or concerned RLDC or SLDC as
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(2) Where the charge of nonserious contravention has been established against thelicensee,theCommissionmay:
(a) givewarningtothelicenseesubjecttosuchconditionsasmaybedeemedfitinthefactsandcircumstancesofthecase;or
(b) direct thatsuch personshallpay,bywayofpenalty,a sumwhichshallnotexceedrupeesonelakh;or
(c) issue such other directions or impose such other conditions as theCommission maydeemappropriate
12. AmendmentofChapterVIofthePrincipalRegulations:
(1)
"Chapter
VI"
shall
be
renamed
as
"Chapter
6".
(2) Thetableunderclause(1)ofRegulation15shallbesubstitutedasunder:
CategoryofLicence
(As per Notification dated
6.2.2004)
CategoryofLicence
(As per Notification dated
24.2.2009)
CategoryofLicence
(As per Notification dated
7.6.2010)
F(Above1000MUs) I(Nolimit) I(Nolimit)
E(between700and1000MUs) II(Notmorethan1500MUs)
D(between500and700MUs)
C(between200and500MUs) II(Notmorethan500MUs) III(Notmorethan500MUs)
B(between100and200MUs)
A
(Upto
100
MUs)
III
(Upto
100
MUs) IV
(Not
more
than
100
MUs)
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Note:PrincipalRegulationswerepublishedon24.2.2009inPartIII,Section4oftheGazetteof
India(Extraordinary)No28andamendedintermsof:
(a) Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of
trading licence and other related matters) (Amendment) Regulations, 2009 published in
GazetteofIndia(Extraordinary)PartIIISection4dated2.6.2009;
(b) Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of
tradinglicenceandotherrelatedmatters)(SecondAmendment)Regulations,2009publishedin
GazetteofIndia(Extraordinary)PartIIISection4No.197dated23.10.2009;and
(c) Central Electricity Regulatory Commission (Procedure, Terms and Conditions for grant of
trading licence and other related matters) (First Amendment) Regulations, 2010 published in
GazetteofIndia(Extraordinary)PartIIISection4No.152 dated7.6.2010.
8/22/2019 Cerc Short Trading11october
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Page18of27
Form IV-A
Start date
(DD/MM/
YYYY)
End date
(DD/MM/
YYYY)
Start
Time
(HH:MM)
End Time
(HH:MM)
Name of
the Seller
Category State Name of
the Buyer
Category State
A
1
2
3
B
1
2
3
C
1
2
3
*RTC=Roud The Clock (24 Hours i.e. from 00:00 to 24:00)Note:(1)Datashallbesubmittedtransaction-wiseandshouldnotbeaggregated.
Note:(2)Indicatethenamesandthecategoryoftheseller/buyernamelygenerator,captivepowerplant,distributionlicensee,Government,
industrialopenaccessconsumer,commercialopenaccessconsumer,trader(whenapplicable)etc.
Note:(3)Datashallbepostedonthewebsiteoftheelectricitytraderoranyotherauthorisedwebsite(Nameofthelinkonthehomepage:
StatutoryInformation)
Note:(4)Datashallbesubmittedonamonthlybasisby15thofthefollowingmonthtotheCommission,RegionalLoadDispatchCentreand
RegionalPowerCommittee
Note:(5)DatashallbesubmittedtotheCommission i.e.hardcopytoSecretary,CERC andsoftcopyinanExcelSheetbyE-mail:
Note:(6)FullformoftheabbreviationsusedforNameoftheSeller/Buyeretc.shallbeprovidedattheendoftheTable.
ShortTermTransactionmeanswhere period of contract of the licensee with both the seller and the buyer is up to 1 year
(a)
Where S stands for Seller, T stands for Trader and B stands for Buyer.
Inter State Trading Transactio ns
Inter State Trading Transactions through Swapping or Banking Arrangement
Cross Border Transactions
Short-term Inter-State Transactions of Electr icity by Trading Li censees ( RTC*)Name of the Trading Licensee:
Month:
Trading
Margin
(`/kwh)Sale Price
(`/kwh)Period of Power Delivery Purchase
Price
(`/Kwh)Purchased from Sold toSr.No Scheduled
Volume
(MUs)
Licence Details (No & Date) :
Time of Power
Delivery
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Page19of27
Form IV-B
Start date
(DD/MM/
YYYY)
End date
(DD/MM/
YYYY)
Start
Time
(HH:MM)
End Time
(HH:MM)
Name of
the Seller
Category State Name of
the Buyer
Category State
A
1
2
3
B
1
2
3
C
1
2
3
*Peak=Peak Period (Evening Peak from 17 :00hrs to 23 :00hrs). Peak period may be revised by the Commission form time to time
Note:(1)Datashallbesubmittedtransaction-wiseandshouldnotbeaggregated.
Note:(2)Indicatethenamesandthecategoryoftheseller/buyernamelygenerator,captivepowerplant,distributionlicensee,Government,
industrialopenaccessconsumer,commercialopenaccessconsumer,trader(whenapplicable)etc.
Note:(3)Datashallbepostedonthewebsiteoftheelectricitytraderoranyotherauthorisedwebsite(Nameofthelinkonthehomepage:
StatutoryInformation)
Note:(4)Datashallbesubmittedonamonthlybasisby15thofthefollowingmonthtotheCommission,RegionalLoadDispatchCentreand
RegionalPowerCommittee
Note:(5)DatashallbesubmittedtotheCommission i.e.hardcopytoSecretary,CERC andsoftcopyinanExcelSheetbyE-mail:
Note:(6)
Full
form
of
the
abbreviations
used
for
Name
of
the
Seller/Buyer
etc.
shall
be
provided
at
the
end
of
the
Table.
ShortTermTransactionmeanswhere period of contract of the licensee with both the seller and the buyer is up to 1 year
(a)
Where S stands for Seller, T stands for Trader and B stands for Buyer.
Cross Border Transactions
Short-term Inter-State Transactions of Electrici ty by Trading L icensees ( Peak*)Name of the Trading Licensee:
Licence Details (No & Date) :
Month:
Sr.No Period of Power Delivery Time of Power
Delivery
Scheduled
Volume
(MUs)
Purchased from Sold to Purchase
Price
(`/Kwh)Sale Price
(`/kwh)Trading
Margin
(`/kwh)
Inter State Trading Transactio ns
Inter State Trading Transactions through Swapping or Banking Arrangement
8/22/2019 Cerc Short Trading11october
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Page20of27
Form IV-C
Start date
(DD/MM/
YYYY)
End date
(DD/MM/
YYYY)
Start
Time
(HH:MM)
End Time
(HH:MM)
Name of
the Seller
Category State Name of
the Buyer
Category State
A
1
2
3
B
1
2
3
C
1
2
3
Note:(1)
Data
shall
be
submitted
transaction
-wise
and
should
not
be
aggregated.
Note:(2)Indicatethenamesandthecategoryoftheseller/buyernamelygenerator,captivepowerplant,distributionlicensee,Government,
industrialopenaccessconsumer,commercialopenaccessconsumer,trader(whenapplicable)etc.
Note:(3)Datashallbepostedonthewebsiteoftheelectricitytraderoranyotherauthorisedwebsite(Nameofthelinkonthehomepage:
StatutoryInformation)
Note:(4)Datashallbesubmittedonamonthlybasisby15thofthefollowingmonthtotheCommission,RegionalLoadDispatchCentreand
RegionalPowerCommittee
Note:(5)DatashallbesubmittedtotheCommission i.e.hardcopytoSecretary,CERC andsoftcopyinanExcelSheetbyE-mail:
Note:(6)FullformoftheabbreviationsusedforNameoftheSeller/Buyeretc.shallbeprovidedattheendoftheTable.
ShortTermTransactionmeanswhere period of contract of the licensee with both the seller and the buyer is up to 1 year
(a)
Where S stands for Seller, T stands for Trader and B stands for Buyer.
Cross Border Transactions
Short-term Inter-State Transactions of Electrici ty by Trading Li censees ( Other than Peak & RTC)Name of the Trading Licensee:
Licence Details (No & Date) :Month:
Sr.No Period of Power Delivery Time of Power
Delivery
Scheduled
Volume
(MUs)
Purchased from Sold to Purchase
Price
(`/Kwh)Sale Price
(`/kwh)Trading
Margin
(`/kwh)
Inter State Trading Transactio ns
Inter State Trading Transactions through Swapping or Banking Arrangement
8/22/2019 Cerc Short Trading11october
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Page21of27
Form IV-D
Start date
(DD/MM/
YYYY)
End date
(DD/MM/
YYYY)
Name of
the Seller
Category State Name of the
Buyer
Category State
A
1
2
3
B
1
2
3
C
1
2
3
Note:(1)Datashallbesubmittedtransaction-wiseandshouldnotbeaggregated.
Note:(2)Indicatethenamesandthecategoryoftheseller/buyernamelygenerator,captivepowerplant,distributionlicensee,Government,
industrialopenaccessconsumer,commercialopenaccessconsumer,trader(whenapplicable)etc.
Note:(3)Datashallbepostedonthewebsiteoftheelectricitytraderwithlinkonthehomepageasstatutoryinformation
Note:(4)
Data
shall
be
submitted
on
amonthly
basis
by
15th
of
the
following
month
to
the
Commission,
Regional
Load
Dispatch
Centre
and
RegionalPowerCommittee
Note:(5)DatashallbesubmittedtotheCommission i.e.hardcopytoSecretary,CERC andsoftcopyinanExcelSheetbyE-mail:
Note:(6)FullformoftheabbreviationsusedforNameoftheSeller/Buyeretc.shallbeprovidedattheendoftheTable.
LongTermtransactionmeans(a) where period of contract of the licensee with the seller is more than 1 year and with the buyer is up to 1 year
(b) where period of contract of the licensee with both the seller and the buyer is more than 1 year
(c) where period of the contract of the licensee with the seller is up to 1 year and with the buyer is more than 1 year
(a)
(b)
(c)
Where S stands for Seller, T stands for Trader and B stands for Buyer.
Licence Details (No & Date) :
Name of the Trading Licensee:
Month:
InterStateTradingTransactions
InterStateTradingTransactionsthroughSwappingorBankingArrangement
CrossBorderTransactions
Long-term Inter-State Transactions of Electricity by Trading Licensees
Period of Power DeliverySr.No Scheduled
Volume
(MUs)
Purchased from Sold to Sale Price
(`/kwh)
8/22/2019 Cerc Short Trading11october
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Page22of27
Form IV-E
Name of the Trading Licens ee:
Month:
Sr. No. Total
Transacted
Volume
(Mus)
State
1
2
3
4
1
2
3
4
Note: (1) Total Transacted Volume shall be aggregated for all transactions within each state
Note: (2) Name of the parties and the price of these transactions are not required.
ShortTermTransactionmeans(a) where period of contract of the licensee with both the seller and the buyer is up to 1 year
(a)
LongTermtransactionmeans(a) where period of contract of the licensee with the seller is more than 1 year and with the buyer is up to 1 year
(b) where period of contract of the licensee with both the seller and the buyer is more than 1 year
(c) where period of the contract of the licensee with the seller is up to 1 year and with the buyer is more than 1 year
(a)
(b )
(c)
Where S stands for Seller, T stands for Trader and B stands for Buyer.
Intra-State Transactions of Electricity by Trading L icensees
Long Term Transactions
Short Term transactions
8/22/2019 Cerc Short Trading11october
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Page23of27
Form IV-F
Month:
Name of Seller/
Name of PX
State Name of Buyer /
Name of PX
State
1
2
3
4
5
6
7
8
9
10
Note:TradingMarginshallbechargedforeach15minutescontractseparately.However,thereportingshallbemadeon
daywisebasis
inlight
of
the
large
volume
of
data.
Margin charged
when MCP is
lesser than or
equal to `3/Kwh(`/Kwh)
Margin charged
when MCP is
greater than
`3/Kwh (`/Kwh)
Margin charged
when MCP is lesser
than or equal to
`3/Kwh (`/Kwh)
Margin charged
when MCP is
greater than
`3/Kwh (`/Kwh)1
2
3
4
5
6
7
8
IEX PXIL
Sr.No
Name of the
Client
Day Ahead Power Exchange Transactions of Electricity by Trading Licensees
Sr.No Total Scheduled
Volume (MUs) for
each client
Purchased from Sold toDate of
Delivery
(DD/MM/YYYY)
Name of the Trading L icensee:
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Page24of27
Form IV-G
Start date
(DD/MM/
YYYY)
End date
(DD/MM/
YYYY)
Start Time
(HH:MM)
End Time
(HH:MM)
Name of
Seller
State Name of
Buyer
State
A
1
2
3
B
12
3
C
1
2
3
D
1
23
Note:AnyotherContractonthePowerExchangeshouldbeincludedasandwhenitintroduced.
Intra-Day Cont racts
Day-Ahead Conti ngency Cont racts
Daily Contracts
Weekly Contracts
Term Ahead Power Exchange Transactions of Electricity by Trading L icenseesName of the Trading Licensee:
Month:Sr.No Period of Power Delivery
Scheduled
Volume
(MUs)
Purchased from Sold to
Transaction
Price (`/Kwh)Name of Power
Exchange (IEX/
PXIL)
Trading
Margin
(`/kwh)
Time of Power Delivery
8/22/2019 Cerc Short Trading11october
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Page25of27
Form IV-H
Sr.No. NameofRECClient ClientType(Renewable
generator/ObligatedEntities)
NameofPower
Exchange
Volume(RECs)
MarketClearing
Price(`/REC)
TradingMargin
(`/KWh)
1
2
3
4
1
2
3
4
Note:1REC= 1MWh
Name of the Trading Licensee:Date of Trading: DD/MM/YYYY
NonSolar
RECs
SolarRECs
Renewable Energy Certificates(REC) Trading on Power Exchange by Trading Licensees
8/22/2019 Cerc Short Trading11october
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Page26of27
Form IV-I
Sr.No Date of Contract
(DD/MM/YYYY)
Uncontracted
tenure ( open
position ) in
Days/Months
Uncontracted
Volume (MUs)
Purchase
Price
(`/kwh)*1
2
3
4
1
2
3
4
Note:
1. Open position report is to be reported on a monthly basis by 15th of end of the month
2. This report will not be published in public domain.* Price has to be reported separately for each contract.
Name of the Trading Licensee:Month:
Long Position of Trader (Purchased but not sold)
Short Position of Trader (Sale but not purchased)
Open Position of Inter-State Electricity Contracts by Trading Licensees
Sr.No Date of Contract
(DD/MM/YYYY)
Uncontracted
tenure ( open
position ) inDays/Months
Uncontracted
Volume (MUs)
Sale Price
(`/kwh)*
8/22/2019 Cerc Short Trading11october
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Page27of27
FormIVJ
From To
dd/mm/yyyy dd/mm/yyyy
Contract Date Purchase Price Sale PriceContracted
Quantity
(dd/mm/yyyy) (Rs/Kwh) (Rs/Kwh) (MU)
PowerSchedule
Start Date
(dd/mm/yyyy)
PowerSchedule End
Date
(dd/mm/yyyy)
Name State Name State
A
1
2
B
12
C
1
2
Note:IntroducedasperCommission'sSuoMotuOrder155/2010dated14.5.2010and
tobereportedonaweeklybasisbyTuesdayofthefollowingweek.
ROUND THE CLOCK
PEAK
OTHER THAN RTC & PEAK
Details of Over the Counter (OTC) Contracts Executed by Electricity Traders i n Inter-State Market
Contracted
Week
Sr. No.
Period of Contract Purchased from Sold To
Recommended