that the Electricity Act, passed in June 2003, allowed the government a year's time to announce a new tariff policy. |
"The government can notify its tariff policy by June 30, 2004. It is only reasonable that since the work of the government cannot come to a standstill, the Central Electricity Regulatory Commission has issued a tariff order today," he said. Singh also said today's order was not inconsistent with the recommendations made by the task force headed by him. |
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He said the regulator's order would have to conform to the provisions of the Electricity Act, 2003, under which the government had the final authority to decide on policy. |
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Government officials said if the Centre came out with a tariff policy by June 30, it would override today's order. |
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