Section 4 in The Central Electricity Regulatory Commission (Procedure, Terms & Conditions for grant of Transmission License and other related matters) Regulations, 2001
4. Routes for implementation of elements of inter-state transmission system.
- (i) The Competitive route or the Joint Venture route may be adopted for implementation of the elements of Inter-State Transmission System by the agencies other than powergrid.(ii)The selection of the implementing agency through the competitive route shall be through a competitive process by inviting global participation on open tender basis.(iii)The Central Transmission Utility may take a final decision in adoption of Joint Venture route in appropriate cases. The guiding factor for adopting Joint Venture route shall be the conditions where open competition is not anticipated or where the project is of critical nature.Provided that in case of Joint Venture route, the POWERGRID shall be one of the partners of the Joint Venture Company.
