Karnataka Electricity Reform Act, 1999 Preamble 1 - Bare Act

Act Info:

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Preamble 1 - KARNATAKA ELECTRICITY REFORM ACT, 1999

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THE KARNATAKA ELECTRICITY REFORM ACT, 1999

[Act, No. 25 of 1999]¹

[21th August, 1999]

PREAMBLE

An Act to provide for the constitution of an Electricity Regulatory Commission ('The Commission') for the State of Karnataka; to provide for the restructuring of the electricity industry in the State, the corporatisation of the Karnataka Electricity Board and the rationalisation of the generation, transmission, distribution and supply of electricity in the State; to provide for avenues for participation of private sector entrepreneurs in the electricity industry in the State and generally for taking measures conducive to the development and management of the electricity industry in the State in an efficient, economic and competitive manner to provide reliable quality power and to protect the interest of the consumer including vesting in the Commission the powers to regulate the activities of the power sector in the State and for matters connected therewith or incidental thereto;

Be it enacted by the State Legislature of Karnataka in the Fiftieth Year of the Republic of India, as follows:-

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1. First Published in the Karnataka Extra-ordinary Gazette on twenty First of August, 1999

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