India and China have initiated their first steps to cooperate in the electricity sector and New Delhi has invited Chinese investments in the power sector, including transmission and high-end generation.

Since India and China are two big countries with fastest developing economies, both sides thought that it would be useful to exchange views on tariff setting and regulatory issues and learn from experiences of each other.

Central Electricity Regulatory Commission (CERC) led a three-member delegation to China at the invitation of the Chairman of the Electricity Regulatory Commission of China, said the second round of dialogue proved to be useful in understanding the working of the electricity generation and transmission markets of China, which was three times that of India's.

Central Electricity Regulatory Commission (CERC) noted that Electricity Regulatory Commission of China had led a Chinese delegation to India in October last year and had good discussions with them on matters pertaining to the electricity sector and reforms.

Central Electricity Regulatory Commission (CERC) request you to have a look at India as an investment destination for high-end power generation, referring to China's 900 MW single power plant model compared to India's 500 MW single power plant model.

Indian market was a very transparent one and that the entire world is looking at India in a very big way. India would welcome Chinese investments in the transmission sector to participate in the process of competitive bidding.