Section 10 in The Central Electricity Regulatory Commission (Procedure, Terms and Conditions for Grant of Trading Licence and other Related Matters) Regulations, 2009
10. Standards of performance
(1)The Commission may, after consultation with the licensee specify the standards of performance of a licensee or a class of licensees.(2)Till such time tire standards of performance are specified under clause (1) the licensee shall furnish to the Commission the performance details for each year in the format prescribed in Form V, appended to these regulations by 30th April immediately following the year ending on 31st March.
