Exchange of information and collaboration on speaking opportunities and programs are on the agenda between the countries.
India’s Union Cabinet, chaired by the Prime Minister, Narendra Modi, has approved a Memorandum of Understanding (MoU) between India’s and US energy regulators, the Central Electricity Regulatory Commission (CERC) and Federal Energy Regulatory Commission (FERC), respectively.
The two regulators will exchange information and experiences in areas of mutual interest in the electricity sectors.
However, this is not the first time electricity regulators from India and the United States have shaken hands. In 2009, CERC and FERC had signed an MoU with specific goals: “Development and regulatory oversight of Power market, Grid Reliability, Energy Efficiency, Transmission and Distribution services in India.”
The MoU seeks to especially strengthen the regulatory and policy framework for developing efficient whole sale power market and enhancing grid reliability.
The activities that the MoU addresses include:
1. Identify energy-related issues and develop topics and possible agendas for the exchange of information and regulatory practices in areas of mutual interest;
2. Organize visits by Commissioners and/or staff to participate in activities at each other’s facilities;
3. Participate in seminars, visit, and exchanges;
4. Develop programs of mutual interests and where appropriate hold these programs locally to enhance participation;
5. When practical and of mutual interest, provide speakers on energy issues and other personnel (management or technical).