To consolidate the laws relating to generation, transmission,
distribution, trading and use of electricity and generally for taking measures
conducive to development of electricity industry, promoting completion therein,
protecting interest of consumers and supply of electricity to all areas,
rationalization of electricity tariff, ensuring transparent policies regarding
subsidies, promotion of efficient and environmentally benign policies, constitution of Central Electricity Authority, Regulatory Commissions and establishment of Appellate Tribunal and for matters connected there with
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