Electricity Regulatory Commissions Act, 1998
[Act No. 14 of 1998 dated 2nd July, 1998 ]
An Act to provide for the establishment of a Central Electricity Regulatory Commission and State Electricity Regulatory Commissions, rationalization of electricity tariff, transparent policies regarding subsidies, promotion of efficient and environmentally benign policies and for matters connected therewith or incidental.
Be it enacted by Parliament in the Forty-ninth Year of the Republic of India as follows:-
Comment: The purpose of this Act is to provide for the establishment of a Central Electricity Regulatory Commission and State Electricity Regulatory Commissions, rationalization of electricity tariff, transparent policies regarding subsidies, promotion of efficient and environment friendly policies