Electricity Regulatory Commissions Act, 1998
13. Functions of Central Commission
The Central Commission shall discharge all or any of the
following functions, namely:-
(a) to regulate the tariff of generating companies owned or
controlled by the Central Government;
(b) to regulate the tariff of generating companies, other than
those owned or controlled by the Central Government specified in clause (a), if
such generating companies enter into or otherwise have a composite, scheme for
generation and sale of electricity in more than one State;
(c) to regulate the inter-State transmission of energy including
tariff of the transmission utilities;
(d) to promote competition, efficiency and economy in the
activities of the electricity industry;
(e) to aid and advise the Central Government in the formulation
of tariff policy which shall be-
(i) fair to the consumers; and
(ii) facilitate mobilization of adequate
resources for the power sector;
(f) to associate with the environmental regulatory agencies to
develop appropriate policies and procedures for environmental regulation of the
power sector;
(g) to frame guidelines in matters relating to electricity
tariff;
(h) to arbitrate or adjudicate upon disputes involving generating
companies or transmission utilities in regard to matters connected with clauses
(a) to (c) above;
(i) to aid and advise the Central Government on any other matter
referred to the Central Commission by that Government.