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[Cites 0, Cited by 0] [Section 26] [Entire Act]

State of Tamilnadu - Subsection

Section 26(1) in Tamil Nadu Electricity Regulatory Commission (Licensing) Regulations, 2005

(1)The licensee shall at all times maintain minimum information as detailed in the following sub-clauses to enable any Investigating Authority to accomplish its investigation directed to by the Commission under section 128 of the Act:
(a)Maintenance of separate accounts for other business to ensure that the licensed business does not subsidise the other business;
(b)Records to show that the assets of the licensed business are not . encumbered to support other business;
(c)Information on revenue from other business allocated to licensed business;
(d)Approval of Commission, if any, on assignment of licence, transfer of assets, acquisition of utility of other licensee within the same State;
(e)Quantum of compensation paid automatically and on claim for failure to achieve each of the standards of performance prescribed;
(f)Details of accidents and major incidents occurred in the area of activity;
(g)Books of accounts with subsidiary ledgers to verify the billing and collection of the charges at the rates approved by the Commission; and
(h)Registers showing the number of complaints/grievances received and disposed of and the details of awards by Ombudsman.