A transmission licensee may, with prior intimation to the Appropriate Transmission
Commission , engage in any business for optimum utilisation of its assets:
Licensee
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 subsidies 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 to in trading electricity :