CERC defers DSM reserve-sharing mechanism by six months
The Central Electricity Regulatory Commission (CERC) has extended the timeline for implementing a key provision under the Deviation Settlement Mechanism (DSM) Regulations, 2024. The order, issued suo motu on March 30, 2026, delays the shift to a reserve-shortfall-based deficit sharing mechanism by six months. The decision follows operational constraints in establishing a framework for quantifying and settling grid reserves, as flagged by Grid India and the National Load Despatch Centre (NLDC). Current mechanism to continue…