Amendment status not verified — confirm the current text below against the official source.
(1) The Commission shall discharge the following functions, namely :- (a) to determine the tariff for electricity, wholesale, bulk, grid or retail, as the case may be; (b) to determine the tariff payable for the use of the transmission facilities; (c) to regulate power purchase and procurement process of the licensees and transmission utilities including the price at which the power shall be procured from the generating companies, generating stations or from other sources for transmission, sale, distribution and supply in the National Capital Territory of Delhi; (d) to promote competition, efficiency and economy in the activities of the electricity industry to achieve the objects and purposes of this Act; (e) to aid and advise the Government in matters concerning electricity generation, transmission, distribution and supply in the National Capital Territory of Delhi; (f) to regulate the operation of the power system within the National Capital Territory of Delhi; (g) to set standards for the electricity industry in the National Capital Territory of Delhi including standards related to quality, continuity and reliability of service; (h) to promote competitiveness and make avenues for participation of private sector in the electricity industry in the National Capital Territory of Delhi and also to ensure a fair deal to the customers; (i) to aid and advise the Government in the formulation of its power policy; (j) to collect and publish data and forecasts on the demand for, and use of, electricity in the National Capital Territory of Delhi and to require the licensees to collect and publish such data; (k) to regulate the assets, properties and interest in properties concerned or related to the electricity industry in the National Capital Territory of Delhi including the conditions governing entry into, and exit from the electricity industry in such manner as to safeguard the public interest; (l) to issue licences for transmission, bulk supply, distribution or supply of electricity and determine the conditions to be included in the licences; 12 (m) to regulate the working of the licensees and other persons authorised or permitted to engage in the electricity industry in the National Capital Territory of Delhi and to promote their working in an efficient, economical and equitable manner; (n) to require licensees to formulate prospective plans and schemes in co-ordination with others for the promotion of generation, transmission, distribution, supply and utilisation of electricity, quality of service and to devise proper power purchase and procurement process; (o) to adjudicate upon the disputes and differences between the licensees and/or transmission utilities and to refer the matter for arbitration; (p) to aid and advise the Government on any other matter referred to the Commission by the Government. (2) The Commission shall always act consistent with the objectives and purposes for which the Commission has been established as an independent statutory body corporate and all acts, decisions and orders of the Commission shall be pursuant to and shall seek to achieve such objectives and purposes. 13 PART-IV POWERS OF THE GOVERNMENT