Petition of the CERC (Procedure, Terms and Conditions for grant of trading licence and other related matters) Regulations 2020 for grant of Category V Inter-state Trading License – EQ

Summary:

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### 1. Case Overview

* **Petition No.:** 46/TD/2026
* **Petitioner:** Greensure Trading Private Limited (GTPL)
* **Subject:** Application for grant of a Category V Inter-State Trading License under Section 14 of the Electricity Act, 2003, and the relevant CERC Trading Licence Regulations, 2020.
* **Date of Hearing:** February 3, 2026.
* **Coram:** The full Commission, chaired by Shri Jishnu Barua.

### 2. Summary of Proceedings

* **Petitioner’s Submission:** GTPL’s counsel, Shri Hemant Singh, informed the Commission that the company has fulfilled all necessary requirements under the 2020 Regulations. This includes the mandatory public notice in newspapers inviting suggestions or objections, to which **no responses were received**.
* **Commission’s Initial Decision:** The CERC formally **admitted the petition** for consideration.
* **Key Direction (Compliance Required):** Before issuing a final order, the Commission directed the petitioner to submit additional proof of compliance regarding its professional staffing. GTPL must file an affidavit within **one week** providing details of its engagement of full-time professionals, specifically:
* Qualifications: **CA (Chartered Accountant), ICWA (Cost Accountant), or MBA (Finance)** .
* Experience: A minimum of **five years**.
* Required Documents: Resumes, qualification certificates, and proof of full-time employment.
* *Legal Basis:* This is mandated by **Regulation 3(2)** of the CERC (Procedure, Terms and Conditions for grant of trading licence and other related matters) Regulations, 2020, which requires a trading licensee to have a minimum number of qualified professionals.

### 3. Strategic Takeaways for the Petitioner

* **Procedural Hurdle Cleared:** The primary public consultation stage is complete with no objections, which is a positive sign.
* **Final Step – Staffing Proof:** The only remaining hurdle before the license is granted is to provide clear, documented evidence that the company employs the required qualified professionals on a full-time basis.
* **Compliance is Key:** The CERC is strictly enforcing the regulation regarding in-house expertise. The petitioner must ensure the affidavit is comprehensive and the supporting documents are in order to avoid any further delay.

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