[charges] if the clear profit in any year of account has not exceeded the amount of reasonable return by [twenty] per centum of the amount of reasonable return: Provided further that the licensee shall not enhance the [charges] for the supply of electricity until after the expiry of a notice in writing of not less than sixty clear days of his intention to so enhance the [charges], given by him to the State Government and to the Board : Provided further that if the [charges] of supply fixed in pursuance of the recommendations of a rating committee constituted under Section 57-A are lower than those notified by the licensee under and in accordance with the preceding proviso, the licensee shall refund to the consumers the excess amount recovered by him from them :], [Provided also that nothing in this Schedule shall be deemed to prevent a licensee from levying with the previous approval of the State Government, minimum charges for supply of electricity for any purpose. [(3-A) Where any question or matter is referred to the Authority for arbitration under this section, the Authority may, having regard to the circumstances of each case, charge such arbitration fee as it may deem reasonable.] (2) There shall be stated in every application under this section such particulars as the Board may reasonably require of the station, plant or works, as the case may be, in respect of which it is made, and where consent is given thereto, in acting in pursuance of such consent, the applicant shall not, without the further consent of the Board, make any material variation in the particulars so stated. Grants and loans by Central Government, 99. 63. 2. Eligibility and Registration for Certificates. Terms, conditions and tariff for sale of electricity by Generating Company .—(1) A Generating Company may enter into a contract for the sale of electricity generated by it— Procedure and powers of Appellate Tribunal, 122. Ltd. (b) all its branches whether situated in India or outside India. Where a licensee exercises his option under para. [(4) Of the members— (a) be responsible for optimum scheduling and despatch of electricity within the region, in accordance with the contracts entered into with the licensees or the generating companies operating in the region; (c) keep accounts of quantity of electricity transmitted through the regional grid; (d) exercise supervision and control over the inter-State transmission system; and. (c) to undertake trading in electricity as an electricity trader. ], (a) require the licensee or the generating company to take such action in respect of any matter arising out of the report as the Appropriate Commission may think fit; or.
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