Section Text
A transmission licensee may, with prior intimation to the Appropriate
Commission , engage in any business for optimum utilisation of its assets:
Provided that a proportion of the revenues derived from such business
shall, as may be specified by the Appropriate Commission, be utilised for
reducing its charges for transmission and wheeling:
Provided further that the transmission licensee shall maintain separate
accounts for each such business undertaking to ensure that transmission
business neither subsidises in any way such business undertaking nor
encumbers its transmission assets in any way to support such business:
Provided also that no transmission licensee shall enter into any contract
or otherwise engage in the business of trading in electricity :
- 37 -
The Electricity Act, 2003
________________________________________________________________________