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Latest News


Updated as on 20-08-2013

FOIR is led by people with vast experience in the Power industry, technological competence in software development and an outstanding track record in project relevant. Their expertise extends to key areas such as Power, Finance, Administration and General Management.

Office Bearers of The Governing Body of FOIR

Hony. Chairman
Shri Yashwant S Bhave
Shri Yashwant S Bhave, Chairperson, AERA

Shri Yashwant S Bhave, Chairperson, AERA, a retired IAS Officer (1972 batch, Maharashtra Cadre), a Master in Science with Electronics as a specialization and Master in Public Administration from the Harvard University, has taken over as the first Chairperson of Airports Economic Regulatory Authority (AERA) with effect from 1st August, 2009


Shri Bhave has over 37 years experience in different capacities, and has held various important portfolios in the Government of Maharashtra such as CEO of Maharashtra Industrial Development Corporation, M.D. of State Principal Corporation, Chairman of State Electricity Board, Development Commission (Industries), Principal Secretary Department of Industry in the Government of India and other number of important positions in the Departments of Information Technology, Administrative Reforms, Pensions & Public Grievances as well as Special Secretary, Telecom and Secretary, Telecom Commission.

His last position, prior to appointment as Chairperson AERA, was Secretary, Department of Consumer Affairs, Government of India.

Hony. Vice-Chairman
Shri S. Krishnan, Chairperson, PNGRB
Shri S. Krishnan, Chairperson, PNGRB

Mr. S. Krishnan graduated in Chemical Engineering from the University of Madras in 1971. After working in Indian Organic Chemicals Tamil Nadu till 1974, he had a brief stint with Engineers India Limited, New Delhi. He joined the Indian Administrative Service in 1975 and was allocated to Uttar Pradesh. In U.P., he was District Collector at Etah and Sultanpur; other assignments include Joint Secretary Finance Department, Special Secretary in Chief Minister’s Office, Director U.P. Tourism and Additional C.E.O. of Greater NOIDA Industrial Development Authority.


He took a mid career break in 1991-92, to pursue post graduate studies in London School of Economics and Political Science, U.K. After division of Uttar Pradesh, he worked as Principal Secretary, Industries and Labour and Principal Secretary, Irrigation and Power, Government of Uttarakhand.

In Central Government, Mr. Krishnan had been Director, Department of Mines, Director General Employment and Training, Joint Secretary, Ministry of Youth Affairs and Sports, Additional Secretary and Special Secretary in Ministry of Labour and Employment. He retired from Government of India as Secretary, Department of Fertilizers. At present, he is the Chairperson of Petroleum and Natural Gas Regulatory Board, a body set up as downstream regulator under the PNGRB Act, 2006

Shri Ashok Chawla
Shri Ashok Chawla, Chairperson, CCI

Ashok Chawla, Chairperson, Competition Commission of India (CCI) is a distinguished civil servant with 40 years of experience in various sectors of the economy at Federal and State Government in India as well as at International Multilateral Agencies. He obtained his Masters in Economics from Delhi School of Economics in 1972 and joined the Indian Administrative Service in 1973.


He started his career in the state of Gujarat and held various administrative positions including Chief Executive of important state owned enterprises. He was also posted as Economic Counsellor in the Indian Embassy in Washington DC, USA in the late 1980s. During 1998-2011, he worked in several senior positions in the Federal Government. He was a Member of the Insurance Regulatory and Development Authority. He was the Permanent Secretary in key ministries of Government of India such as Finance, Economic Affairs and Civil Aviation. He was member on the board of Reserve Bank of India, the country’s central bank. He was also alternate Governor for India at the World Bank and the Asian Development Bank. He not only worked in senior positions in the federal government ministries but also held top appointments in the corporate sector, including as Chairman & Managing Director of Indian Petrochemicals Corporation Limited and Director of Oil & Natural Gas Corporation Limited. In view of his rich and diversified experience, after his retirement from civil service, he was appointed as Chairperson, CCI with tenure up to January, 2016. . His present job is to promote and sustain competition in Indian markets by effectively enforcing Competition Act 2002, which is a key component of India’s economic reforms.

Shri Rakesh Sahni
Shri Rakesh Sahni, Chairperson, MPERC

B.Tech (Mechanical Engineering) I.I.T Delhi 1971.
Indian Administrative Service 1972 Madhya Pradesh Cadre (Retired).
Graduate of the National Defence College Delhi 1986.


Chairman, Madhya Pradesh Electricity Regulatory Commission from September, 2010.
Energy Advisor, Government of Madhya Pradesh 1 February 2010 to September, 2010.
Chief Secretary, Government of Madhya Pradesh from 28 January 2006 to superannuation from the IAS on 31 January 2010.
Chairman, Madhya Pradesh State Electricity Board from May 2004 to September 2010.
Additional Chief Secretary / Principal Secretary, Department of Energy (Power) Government of Madhya Pradesh from May 2004 to January, 2006.
Principal Secretary / Secretary, Government of Madhya Pradesh in the Departments of Planning, Home, Tribal and Scheduled Castes welfare, Public Health Engineering, Housing and Environment from September 1995 to January 2006.
Commissioner Gwalior Division – October 1991 to September 1995.
Deputy Secretary / Director, Government of India, Ministry of Defence – March 1983 to April 1989.
Collector / District Magistrate – November 1978 to October 1981.

Shri M.R. Sreenivasa Murthy
Shri M.R. Sreenivasa Murthy, Chairperson, KERC


Chairperson, TAMP


Hony. Members
Shri Pravinbhai Patel
Shri Pravinbhai Patel,
Member, GERC

Pravinbhai Patel, working as Technical Member in the Gujarat Electricity Regulatory Commission since 6th August, 2009, is an Electrical Engineer with more than 37 years of professional experience in the power sector. He has worked for more than 34 years in the Central Electricity Authority in various capacities.


His field of experience includes Thermal Power Planning, Regional Grid Operation, Enforcement of Electricity Rules and Monitoring of Hydro Power Projects. He joined CEA in 1975 and was attached with Planning and Techno-economic appraisal of thermal power plants.

He worked in various capacities in the Regional Electricity Boards (now Regional Power Committees) in Western, North Eastern and Southern Regions. In Western Regional Electricity Board, he was associated with integrated operation of the Western Regional Grid and establishment of the first computer based Regional Load Despatch Centre at Mumbai. In North Eastern and Southern Regional Electricity Boards, he was he looked after the System Protection and Commercial aspects of regional grid operation.

He has also worked in the Regional Inspectorial Organization of CEA handling enforcement of Electricity Rules and in Narmada Control Authority, overseeing implementation of Canal Head & River Bed Power Houses of Sardar Sarovar Project as well as establishment of Energy Management Centre of NCA at Indore.

For past 4 years, he has been working as Technical Member in the Gujarat Electricity Regulatory Commission. As a regulator, he has special interest in promotion of renewable sources of energy and ensuring provision of non-discriminatory open-access in the intra-state transmission network as well as the distribution networks. In the state of Gujarat, open-access has been provided to all the generators as well as the consumers having demand more than 1 MW and such consumers are availing open-access for purchasing power form generators/traders or through the power exchange. He was also instrumental in implementation of Intra-state ABT in the state of Gujarat and the frequency based UI mechanism has been working successfully in the state for past 3 years.

Shri C.S. Sharma
Shri C.S. Sharma,
Member, UERC

Shri C.S. Sharma was born on 24th January, 1951. He graduated in Electrical Discipline and joined M.P. Electricity Board on 4th December, 1973. After serving for about 25 years in Engineering discipline, Shri C.S. Sharma was inducted in Finance and Accounts Wing through internal selection after acquiring Diploma in Financial Management from IFMR, Chennai.


Shri Sharma had served in different capacities in MPSEB and served as Head of the Finance and Accounts Wing from July 2002 to July 2008in M.P. Power Transmission Company. He is presently serving as Member (Economics) in M.P. Electricity Regulatory Commission from 09/07/2008.

Shri. V.L. Sonavane
Shri V.L. Sonavane,
Member, MERC

BE (Electrical). Awarded by Pune University Prize for securing highest marks in Power systems. ME (Electrical) Pune University (1975) First Rank

Joined MSEB. Assistant Engineer in Jan 1976. Associated with Power System Planning, Energy Control Centre, Energy Audit, 400KV Planning, HVDC, Tariff petition, Corporate Planning, Distribution Projects.


• Executive Director (2005-07), Director (Operation/ Projects) (2007-09), (33 years experience)

• In Aug 2009, appointed as Member (Technical) in Maharashtra Electricity Regulatory Commission

• Deputed 14 months to Germany (1981-82), for 14 week at M/s Southern Electric Atlanta, (1995), MCREA/PVREA Colorado (2007), Seoul (2009), at LBNL California in (2011).

• Presented papers at Kathmandu in Afro Asian Conference held (1996), Conference on "SCADA Asia 2010" at Kuala Lumpur, on Smart Grids at Singapore (2011), at Asian Electricity Regulatory Commissioners’ Forum at Kuala Lumpur (2011), Smart Electricity World: Conference at Singapore (2012).

• Attended the CIRGE Conference at Paris in Aug 2012.

• Guide/mentor for ME/MTech (Electrical) scholars in Mumbai/ Pune/ BITS Pillani

• Delivered lectures on various topics in Govt. COEP Pune/ IIT Mumbai/ Symbiosis Pune/ Yashada Pune. Presented papers at various National/International Conferences.

• Selected as Honorary Member of Forum of Indian Regulators (FOIR) New Delhi (from 15th July 2013 onwards.

Hony. Secretary
Shri V. S. Verma
Shri V. S. Verma,
Member CERC

Shri V.S. Verma is a known specialist in the thermal power and in the field of planning for generation capacity in the country. Shri Verma graduated in Mechanical Engineering from IIT, Roorkee (erstwhile University of Roorkee) in the year 1971 and completed his Masters Degree in Applied Thermoscience in Mechanical Engineering from Roorkee in the year 1975). He also holds a B.Sc. Degree from Agra University and is an FIE.


He has taken over as Member, Central Electricity Regulatory Commission in the forenoon of 23rd February 2009. Prior to taking over as Member, CERC, Shri Verma held the position of Member (Planning) in Central Electricity Authority and Ex-Officio Additional Secretary to Govt. of India. Shri Verma has also held charge of Member (Hydro) in CEA for a brief period. He has been Director General of Bureau of Energy Efficiency (BEE) for three years in recent past.

Shri Verma belongs to Central Power Engineering Services of 1971 batch. In his long standing career of over 36 years in the power sector in various formations of CEA, Shri Verma acquired wide and valuable experience in planning, thermal power plant engineering, power project monitoring, project construction, supervision, operation monitoring, human resource development, grid operation, renovation and modernization of power plants and other policy aspects. Planning for power, load forecasting, conservation and efficiency, national electricity plan, CDM, baseline data, etc. were some of his important responsibilities as Member (Planning), CEA. Shri Verma also looked after the fuel management, R&D and IT in Power Sector. Shri Verma took important initiatives to promote energy conservation, standards & labeling and energy efficiency in various sectors in the country.

Shri Verma headed various Committees set up by the Government including Working Group on National Action Plan for Climate Change under the National Mission of Enhanced Energy Efficiency, ‘Task Force of formulation of the action plan for development of energy sector in the North Eastern Region, Expert Committee appointed by MNRE to study the geo-thermal based power generating potential in the Puga geo-thermal fields of Ladakh, J&K, Working Group of research and development of energy sector for 11th Plan, 17th Power Survey Committee and others, Member-Secretary of the Working Group on power for 11th Plan set up by Planning Commission, played a lead role in 50,000 MW of hydro power initiative announced by Hon'ble Prime Minister. Publication of C0 2 Baseline data in the Indian power sector and mapping of thermal power stations in the country for optimizing the efficiency of operation were spearheaded by him.

Shri Verma has been a Member of the Standing Committee on research and development in the Power Sector constituted by the Planning Commission and the comprehensive R&D perspective plan was prepared under his leadership. Shri Verma visited UK, USA, USSR, Vietnam, Kenya, Guyana, Nigeria, Poland, Brussels and Germany on various official assignments. More than 50 technical papers in the field of power sector have been published and presented by him in the various national and international seminars and workshops. Shri Verma has been responsible for power system monitoring and grid operation in the Eastern Regional Electricity Board dealing with optimization of generation and transmission capacities, inter-state and inter-regional exchange of energy, generation scheduling and accounting, etc. Shri Verma has handled human resource management development and system management at Power System Training Institute and Hot Line Training Centre at Bangalore for two years. Shri Verma has been conferred lifetime achievement award by Central Board of Irrigation & Power and also by the Bhopal Technological University.

Shri Verma has also been on Governing Council/Board of Directors of various institutions like CPRI, NPTI, CWet, DVC, etc.

Hony. Treasurer
Shri M. Deena Dayalan
Shri M. Deena Dayalan,
Member, CERC

Shri M Deena Dayalan (DOB 22 February, 1950) has over 37 years of experience of working in the Government of India, Public Sector Bank and Public Sector Undertaking.

He started his career as Lecturer in Chemistry at the Regional Engineering College, Trichirapalli, Tamil Nadu (1972) and moved over to the Indian Bank a Nationalised Bank where he served for nearly 6 years in different executive positions before he joined Government of India. He Joined the Indian Audit & Account Service in the year 1978. He served in various capacities at middle and senior management levels of auditing and accounts keeping of States and its PSUs.


Particularly, he has served as Accountant General in the States of Haryana and Kerala. He has held the post of General Manager (Finance) in the Department of Telecommunications and worked during its corporatisation as BSNL. He has served in the office of the Comptroller and Auditor General of India as Director in-charge of national and inter-national training, administration and audit reports of State revenues.

For the last 6 years he has been the Joint Secretary & Financial Advisor for the Ministry of Finance which comprised of all departments viz., Departments of Revenue, Expenditure, Economic Affairs, Financial Services & Disinvestment and other Miscellaneous Departments including PMO, Cabinet Secretariat, Offices of the President, Vice-president, Ministry of Parliamentary Affairs, Lok Sabha, Rajya Sabha and Supreme Court. He has been holding the position equivalent of Joint Secretary to Government since 1994 and that of Additional Secretary since 2006.

He has served as the Government nominee Director in Syndicate Bank; Part time Member in the Board of the Pension Fund Regulatory Development Authority and Government nominee Director in the Security Printing & Minting Corporation of India (SPMCIL). He has been functioning as the member of the Appellate Authority for the Non- Banking Financial Companies (NBFCs).

He is a Post-Graduate in Chemistry and an MBA in Corporate Finance from Leeds University, UK.

He has wide ranging experience in the Audit of United Nations Organisations at UN Hqrs, New York and United Nations High Commissioner for Refugees at Hanoi, Vietnam.

He retired from the Government Service on 28 February, 2010 and joined Central Electricity Regulatory Commission as Member on 4.3.2010. He has contributed to the Commission’s efforts in achieving its mission and vision.

Some of the important Regulations made by the Commission for improvement of the Sector include:

• Central Electricity Regulatory Commission (Sharing of inter-state Transmission Charges and Losses), Regulations 2010.

• Indian Electricity Grid Code (IEGC) Regulations, 2010 and Central Electricity Regulatory Commission (Indian Electricity Grid Code) (First Amendment) Regulation, 2012

• Terms and Conditions for recognition and issuance of Renewable Energy Certificate for Renewable Energy Generation Regulations, 2010 and First Amendment, 2010

• Grant of Regulatory Approval for execution of inter-state transmission scheme to Central Transmission Utility, Regulations 2010

• Power System Development Fund (PSDF) Regulations, 2010

• Procedure for calculating expected revenue from tariffs and charges Regulations, 2010

• Procedure for implementation of the mechanism of Renewable Regulatory Fund (RRF), Regulations 2010

• Procedure for implementation of the mechanism of Renewable Regulatory Fund (RRF), Regulations 2010

• Central Electricity Regulatory Commission (Payment of fees) Regulations, 2012

• CERC (Terms and Conditions for Tariff Determination from Renewable Energy Sources) Regulations, 2012

• Central Electricity Regulatory Commission (Standards of Performance of Inter-State transmission licensees) Regulations, 2012

• Central Electricity Regulatory Commission (Grant of Connectivity, Long-term access and Medium-term Open Access in inter-state Transmission and related matters) (Third Amendment) Regulations 2013