Amendment status not verified — confirm the current text below against the official source.
PUNCTIONS OF THE 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 Cl. (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 mobilisation 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 Cls. (a) to (c) above; (i) To aid and advise the Central Government on any other matter referred to the Central Commission by that Government.