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Power System Development Fund
(Nodal Agency- NLDC)

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Nodal Agency and Its Function

National Load Dispatch Center (NLDC) is the Nodal Agency for the implementation of the scheme under CERC (PSDF) Regulations 2014. Functions of Nodal Agency are as below:

  1. Act as Secretariat to the Monitoring Committee and the Appraisal Committee.
  2. Prepare a detailed procedure for release and disbursement from PSDF consistent with the procedure approved by the Monitoring Committee from time to time.
  3. Keep the record of business transacted at each meeting of the Appraisal Committee and the Monitoring Committee.
  4. Prepare detailed procedure for preparation of budget, accounting of receipts/disbursals from PSDF public account and audit with the approval of the Monitoring Committee.
  5. Prepare annual report of the PSDF.
  6. Perform such other functions as may be assigned by the Monitoring Committee and the Appraisal Committee.
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