LLM Student at Damodaram Sanjivayya National Law University, India
The arrangements of the ERC Act give adequate adaptability to the Communication to decide the nature and kind of Tariff guidelines to be followed. The undertaking of the Communication is to utilize the interaction of Tariff defining to accomplish the objectives of contest, effectiveness and economy. The Comm. is cognizant, in any case, of the requirement for security and consistency, in the Tariff system. Guaranteeing the monetary suitability of effective and proactive utilities will be a great concern. At the equivalent time defending the interests of the shoppers turns into a significant duty of the Communication, especially, when the market design and framework conditions try not to help contest. The Communication is to play an adjusting job. It plans to release this obligation, straightforwardly, through a consultative model. It expects that participative dynamic will ease up the weight of travelling, to a more proficient framework, for all partners.
International Journal of Legal Science and Innovation, Volume 3, Issue 4, Page 416 - 433DOI: https://doij.org/10.10000/IJLSI.11924
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