Frame norms on power tariffs: SC to regulatory panels

The Supreme Court on Wednesday directed all State Electricity Regulatory Commissions to frame in three months necessary regulations under the Electricity Act, 2003, on the terms and conditions for determination of tariffs.

While framing these guidelines, the commission shall follow the principles prescribed under Section 61 of the Electricity Act, 2003, including the National Electricity Policy and the National Tariff Policy, a three-judge Bench led by Chief Justice of India DY Chandrachud said.