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State electricity regulatory commissions also have advisory roles: [5] Designing schemes promoting electricity industry related investment. Planning initiatives in Electrical industry which promotes competition and improves efficiency and brings economy in activities.
The Kerala State Electricity Board, constituted by the Government of Kerala, by order dated 7 March 1957, under the Electricity (Supply) Act, 1948 is in the business of Generation, Transmission and Distribution of electricity and strives to provide quality electricity [clarification needed] at an affordable cost to all classes of consumers in the state of Kerala.
On 2 July 1998, recognizing the needs for reforms in the electricity sector nationwide, the Government of India moved forward to enact the Electricity Regulatory Commission Act of 1998, [1] which mandated the creation of the Central Electricity Regulation Commission with the charge of setting the tariff of centrally owned or controlled generation companies.
National Electric Power Regulatory Authority (NEPRA) is the electricity regulator of Pakistan established under the Electric Power Act, 1997 for tariff determination, issuance of license & system operation of generation, transmission and distribution of electric power in Pakistan, excluding nuclear power, which comes under the jurisdiction of ...
A tariff or tariff schedule is a special type of contract between a regulatory agency, such as a public utilities commission or a government such as a municipality, and a business, to provide a product or service to the public, often in exchange for being granted an exclusive franchise to provide the tariffed product or service within an exclusive area.
Global map of countries by tariff rate, applied, weighted mean, all products (%), 2021, according to World Bank. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and ...
Utility ratemaking is the formal regulatory process in the United States by which public utilities set the prices (more commonly known as "rates") they will charge consumers. [1]
Order 888's primary objective was to establish and promote competition in the generation market, by ensuring fair access and market treatment of transmission customers. FERC outlined six points to accomplish this goal: Require all jurisdictional utilities (within the United States) to file an open-access transmission tariff (OATT)