Electricity Act, 2003
49. Agreements with
respect to supply or purchase of electricity.-
Where the Appropriate
Commission has allowed open access to certain consumers under section 42, such
consumers, notwithstanding the provisions contained in clause (d) of
sub-section (1) of section 62, may enter into an agreement with any person for
supply or purchase of electricity on such terms and conditions (including
tariff) as may be agreed upon by them.