Question

Consider the following statements.
$1$. Central Electricity Regulatory Committee is a statutory body under the Electricity Act $2003$. Its main function is to regulate the electricity tariff and inter-state transmission of electricity.
$2$. Central Electricity Authority is a statutory body created under the Electricity Supply Act, $1948$ which has been superseded by the Electricity Act, $2003$.
Which of the statements is/are right?

• A. Only $1$
• B. Only $2$
• C. Both $1$ and $2$
• D. None of these

Answer 1

The correct option is C Both $1$ and $2$

Central Electricity Regulatory Committee is a statutory body functioning under Sec - 76 of the Electricity Act 2003 (CERC was initially constituted under the Electricity Regulatory Commissions Act, 1998 on 24th July 1998). Central Electricity Authority (CEA) is a statutory organization originally constituted under Section 3(1) of the repealed Electricity (Supply) Act, 1948, since substituted by Section 70 of the Electricity Act, 2003.