ORDER

The Infinite VoltX Trading Private Limited (hereinafter referred to as “the Petitioner”), incorporated under the Companies Act, 2013, has made the present application under Section 14 of the Electricity Act, 2003 (hereinafter referred to as “the Act”) read with Regulation 6 of the Central Electricity Regulatory Commission (Procedure, Terms and Conditions for the Grant of Trading Licence and other related matters) Regulations, 2020 (hereinafter referred to as “the Trading Licence Regulations”), amended from time to time, for the grant of a Category ‘V’ trading licence for inter-State trading in electricity all over India

Hearing Dated 16.7.2026

During the course of the hearing, the learned counsel for the Petitioner submitted that the present Petition has been filed for the grant of a Category ‘V’ inter- State Trading Licence and the Petitioner has already complied with all the requirements specified in the Trading Licence Regulations, 2020, including the issuance of notice in the Newspapers inviting suggestions/objections on the present application.

Vide Record of Proceedings (hereinafter referred to as “RoP”) for the hearing dated 16.7.2026, the Petitioner was directed to submit a declaration on an affidavit, as required under Regulation 4(2) of the Trading Licence Regulations, confirming that the Applicant shall not engage in the business of transmission of electricity during the subsistence of the trading licence, if granted. Subject to the above compliance, the matter was reserved for order.

In compliance with the RoP dated 16.7.2026, the Petitioner vide affidavit dated 21.7.2026 submitted the undertaking to the effect that the Petitioner company shall not engage in the transmission business without surrendering the trading licence, if granted by the Commission.

Analysis and Decision

We have perused the documents available on record. Regulation 6 of the Trading Licence Regulations provides for the procedure for the grant of a trading licence as under:

“6. Procedure for grant of licence -

(1) Any person desirous of undertaking inter State trading in electricity shall make an application to the Commission for grant of licence in the manner specified in Form I - appended to these regulations and such application shall be accompanied by (a) Such application fee as prescribed by the Central Government from time to time and shall be paid as per the procedure specified in Central Electricity Regulatory Commission (Payment of Fees) Regulations, 2012, as amended from time to time or any statutory re enactment thereof.

(b) Copies of the annual reports in case of the persons incorporated under the Companies Act, 1956 or Companies Act, 2013 including audited accounts along with the Directors' Report, Auditors' Report, the Schedules and notes to accounts for one Year immediately preceding the Year in which the application has been made and the audited special balance sheet as on any date falling within 30 days immediately preceding the date of filing the application.

(2) The Applicant shall post complete application along with annexures and enclosures on its website so as to facilitate access to the application by any person through internet and shall keep them on the website till the disposal of the application.

(3) The Applicant shall within 7 days after making such application, publish a notice of its application, in two daily newspapers in Form II, with the following particulars, namely:

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(4) The Applicant shall within 7 days from the date of publication of the notice as aforesaid submit to the Commission on affidavit the details of the notice published and shall also file the original complete page of the newspaper in which the notice has been published.

(5) The Applicant shall allow a period of 30 days to the public to file objections or suggestions to the notice of application published in the newspapers.

(6) The Applicant shall file its reply before the Commission within 30 days from the la