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 Central Electricity Authority is a statutory body created under the Electricity Supply Act, 1948 which has been superseded by the Electricity Act, 2003.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 above statements is/are right?

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

Answer 1

Answer: (C)

Both 1 and 2

Central Electricity Regulatory Commission (CERC), a key regulator of power sector in India, is a statutory body functioning with quasi-judicial status under sec – 76 of the Electricity Act 2003. The Central Electricity Authority of India (CEA) is a statutory organisation constituted under section 3(1) of Electricity Supply Act 1948, which has been superseded by section 70(1) of the Electricity Act 2003. The CEA advises the government on policy matters and formulates plans for the development of electricity systems.