ORDER

The Petitioner Company, Ideal Energy Solutions Private Limited, has filed the present Petition for the upgradation of its inter-State trading licence in electricity from Category ‘V’ to Category ‘IV’.

2. By order dated 22.3.2022 in Petition No. 262/TD/2021, Ideal Energy Solutions Private Limited, was granted a Category ‘V’ trading licence to trade in electricity as an electricity trader in the whole of India in accordance with the Central Electricity Regulatory Commission (Procedure, Terms and Conditions of Trading licence and other related matters) Regulations, 2020 (in short ‘Trading Licence Regulations, 2020’).

3. The Petitioner has submitted that, in view of the improved market conditions, growth expected in the power market, and looking at future business potential in power trading, the Petitioner seeks an up-gradation of its existing trading licence from Category ‘V’ to Category ‘IV’. The Petitioner has submitted that it intends to engage in trading activities up to a quantum of 2000 MUs annually in terms of the Trading Licence Regulations. The Petitioner has further stated that it will make the payment of the applicable licence fee or differential fee for Category-IV trad