Mission Statement of NERC

To determine the tariff for generation, supply, transmission and wheeling of electricity, wholesale, bulk or retail, as the case may be within the State.

To regulate electricity purchase and procurement process of distribution licensees including the price at which electricity shall be procured from the generating companies or licensees or from other sources through agreements for purchase of power for distribution of supply within the State.

Facilitate intra-State transmission and wheeling of electricity.

Issue Licences to persons seeking to act as transmission licensees, distribution licensees, and electricity traders with respect to their operations within the State.

Promote co-generation and generation of electricity from renewable sources of energy.

Adjudicate upon the disputes between the licensees and generation companies and to refer any dispute for arbitration.

Levy fee for the purposes of the EA, 2003.

Specify State Grid Code.

Specify or enforce standards with respect to quality, continuity and reliability of service by Licensees.

Fix the trading margin in the intra-State trading of electricity, if considered, necessary.

Discharge such other functions as may be assigned to it under the Act.

Advise the State Government as mandated under Section 86(2) of the EA, 2003.