Section 62 of EA 2003, Electricity Act : Section 62: Determination Of Tariff
EA 2003, Electricity Act
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Explanation using Example
Imagine a scenario where XYZ Power Generation Ltd. is a company that generates electricity and supplies it to ABC Distribution Co., which is responsible for distributing electricity to consumers in a particular region. The local Electricity Regulatory Commission, as per Section 62 of the Electricity Act, 2003, would determine the tariff that XYZ Power Generation Ltd. can charge ABC Distribution Co. for the electricity supplied.
During a particularly hot summer, there is a high demand for electricity, leading to a shortage. To...
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