Section 66
Development of market.
About this Act
An Act 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 competition therein, protecting interest of consumers and supply of electricity to all areas, rationalisation 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 therewith or incidental thereto.
The Appropriate Commission shall endeavour to promote the
development of a market (including trading) in power in such manner as may be specified and shall be
guided by the National Electricity Policy referred to in section 3 in this regard.