National Energy Regulatory Authority
The National Energy Regulatory Authority (NERA) is a government agency responsible for overseeing and regulating the energy sector within a country. Its primary role is to ensure that energy markets operate fairly and efficiently, protecting the interests of consumers while promoting competition among energy providers. NERA sets tariffs, issues licenses, and monitors compliance with energy laws and regulations.
In addition to regulation, NERA plays a crucial role in promoting sustainable energy practices. It encourages the development of renewable energy sources and works to improve energy efficiency. By fostering innovation and investment in the energy sector, NERA aims to create a reliable and sustainable energy future for all consumers.