In the matter of the CERC (Procedure, Terms and Conditions for grant of Trading license and other related matters) Regulations of Inter-State trading license in electricity from Category V to IV – EQ February 23, 2026 Anand Gupta 000 Policy & Regulation Summary: — ### 1. Case Overview (The Regulatory Event) – **Petition No.:** 14/TD/2026 – **Date of Order:** January 28, 2026 – **Petitioner:** Elsa Consultancy, a Bangalore-based firm. – **Original Licence:** Granted Category ‘V’ inter-state trading licence via order dated 23.10.2023 in Petition No. 257/TD/2023. – **Regulatory Framework:** Central Electricity Regulatory Commission (Procedure, Terms and Conditions […] Read more In the matter of the CERC (Procedure, Terms and Conditions for grant of trading licence and other related matters), Regulations of inter-State trading licence in electricity – EQ