CERC issues show-cause notice to Vedprakash Power over licence defaults
The Central Electricity Regulatory Commission (CERC) has directed Vedprakash Power Private Limited to explain within two months why its inter-state electricity trading licence should not be revoked, citing non-payment of fees and absence of trading activity since at least 2021. Vedprakash Power, based in Mumbai, holds a Category IV inter-state trading licence granted on August 19, 2013 under the Electricity Act, 2003, covering trading across India. Its licence category remained unchanged after the Trading Licence…