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CERC starts investigation, sends 3 officials on leave
Business Standard
|October 17, 2025
The Central Electricity Regulatory Commission (CERC) on Thursday sent three of its officials on compulsory leave, after they were named in an interim order from Sebi in an insider trading case involving individuals making unfair gains of 173 crore based on critical policy information from these high-ranking CERC staffers.
The regulator, with a key role in India's power sector, has also set up a committee to gather further evidence in the matter and take suitable action.
"The Sebi order is interim, and does not represent final findings. However, since in the order, Sebi has prima facie observed that the policy information originated from CERC ahead of the publication of the order on 23rd July, 2025, CERC has instituted a fact-finding committee to examine the related evidence and take appropriate action. The concerned officers (three) have been sent on compulsory leave for the meantime," the regulator said in a statement shared with Business Standard.
Dit verhaal komt uit de October 17, 2025-editie van Business Standard.
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