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Petition of the CERC (Procedure, Terms and Conditions for grant of Trading Licence and other related matters) Regulations of inter-state trading licence in electricity from Category V to Category IV – EQ

Petition of the CERC (Procedure, Terms and Conditions for grant of Trading Licence and other related matters) Regulations of inter-state trading licence in electricity from Category V to Category IV – EQ

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Summary:

### 1. Case Overview

– **Petition Number:** 66/TD/2026
– **Date of Hearing:** February 26, 2026
– **Subject:** The petition is an application filed under the Electricity Act, 2003, and the CERC’s Trading Licence Regulations, 2020.
– **Petitioner:** Ideal Energy Solutions Private Limited (IESPL).
– **Purpose of Petition:** The petitioner is seeking to **upgrade their inter-state trading licence in electricity from Category V to Category IV**. This implies the company wishes to increase the volume of electricity it is permitted to trade across state boundaries.

### 2. The CERC Bench

The hearing was conducted by the following Members of the Commission:

– **Shri Ramesh Babu V.** , Member
– **Shri Harish Dudani**, Member
– **Shri Ravinder Singh Dhillon**, Member

### 3. Proceedings & Key Directives

1. **Opening Submission:** The counsel for IESPL presented the case, reiterating that the petition was filed for the licence upgrade in accordance with the Trading Licence Regulations, 2020.

2. **Commission’s Direction:** After hearing the initial submission, the CERC bench directed the petitioner to provide additional specific information.

3. **Details Required:** The Commission ordered IESPL to furnish details on an affidavit regarding:
– **Loans and advances** given to, and
– **Investments** made in,
– **Associate entities or relatives** (as defined under the Companies Act, 2013).
– **As of the date:** The information must be as per the audited special balance sheet dated **December 31, 2025**.
– **Timeline:** This information must be submitted within one week of the hearing.

For more information please see below link:

Anand Gupta Editor - EQ Int'l Media Network