Recommendations of FOIR COMMITTEE TO SUGGEST RESTRUCTURING OF GOVERNING BODY OF FOIR AND BROAD-BASING OF FOIR

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Recommendations of FOIR COMMITTEE TO SUGGEST
RESTRUCTURING OF GOVERNING BODY OF FOIR AND
BROAD-BASING OF FOIR

• FORUM OF INDIAN REGULATORS

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Restructuring of Governing Body

• There would be 15 Members in the Governing Body
  comprising
• Chairman (1)
• Vice Chairmen (6)
• Members (8)

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Chairman

• Senior most Vice Chairman having tenure of at
  least six months may be elected as the Chairman.
  
• Seniority shall be decided based on the date of
  appointment as Chairperson of the respective
  Regulatory Institution.

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Vice Chairmen

• Only Chairpersons of Regulatory Commissions or
  Authorities shall be eligible for the posts of
  Vice Chairmen
• Three Vice Chairmen shall be from Central
  Infrastructure Sector
• 2 Vice Chairmen from State Electricity Regulatory
  Commission
• 1 Vice Chairman from Financial Sector
• In the event of a Vice Chairman being elevated as
  Chairperson, the vacancy of Vice Chairman shall
  be filled up by representative of the sector to
  which the outgoing Vice Chairman belonged

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Members

• 4 from SERCs
• 1 from Central Infrastructure Sector
• 1 from Financial Infrastructure
• Honorary Secretary (from CERC)
• Honorary Treasurer (from CERC)

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Supplementary Recommendations

• Out of Six (6) representatives from SERCs in the
  Governing Body, three (3) shall be Chairmen of
  SERCs three (3) shall be Members of SERCs which
  will be decided on the basis of their seniority.
• Out of three Chairmen of SERCs, two senior most
  Chairpersons could be Vice Chairmen. Seniority
  of the Chairpersons / Members of SERCs would be
  decided on the basis of their tenure in the
  Regulatory Commission as Chairman / Member.
• Any vacancy against a sector other than
  electricity sector would be allocated to SERCs.
• In the event of unforeseen circumstances, the
  election shall be by secret ballot.

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Thank you