(1) An applicant shall have at least one full-time professional (with minimum 10 years of experience) from each of the following disciplines, holding a decision making position within its organization, namely:
(i) Power system operations, technical and commercial aspects of power transfer; and
(ii) Finance, Commerce and Accounts.-
(1) Before the commencement of the business of trading, the electricity trader shall-
(a) furnish to the Commission, the following details of the professionals and supporting staff employed by it:-
(i) number of experts, summary of their educational qualifications and experience in, and knowledge of, electricity industry/market as well as understanding of the operation of the system and commercial transactions, and number of years of experience of each personnel;
(ii) details of key staff, their educational qualifications and business skills.
(b) establish adequate communication facilities like telephone, fax, computer, Internet facilities etc. to carry out the business of trading efficiently.
(3) The Electricity Trader shall have a website of his own and shall post the necessary information for carrying out the trade.