law: Electricity Act, 2003
  3. National
  
  Electricity Policy and Plan.-
  1.     
  
    The
  
  Central Government shall, from time-to-time, prepare the National Electricity
  
  Policy and tariff policy, in consultation with the State Governments and the
  
  Authority for development of the power system based on optimal utilisation of
  
  resources such as coal, natural gas, unclear substances or materials, hydro and
  
  renewable sources of energy.
  2.     
  
    The
  
  Central Government shall publish the National Electricity Policy and tariff
  
  policy from time-to-time.
  3.     
  
    The
  
  Central Government may, from time-to-time, in consultation with the State
  
  Governments and the Authority, review or revise the National Electricity Policy
  
  and tariff policy referred to in sub-section (1).
  4.     
  
    The
  
  Authority shall prepare a National Electricity Plan in accordance with the
  
  National Electricity Policy and notify such plan once in five years:
  Provided
  
  that  
  
  the Authority while preparing the National Electricity Plan shall publish the
  
  draft National Electricity Plan and invite suggestions and objections thereon from
  
  licensees, generating companies and the public within such time as may be
  
  prescribed:
  Provided
  
  Further That  
  
    the
  
  Authority shall--
  a.      notify the plan after
  
  obtaining the approval of the Central Government;
  b.     revise the plan
  
  incorporating therein the directions, if any, given by the Central Government
  
  while granting approval under clause (a).
  1.     
  
  
  2.     
  
  
  3.     
  
  
  4.     
  
  
  5.     
  
    The
  
  Authority may review or revise the National Electricity Plan in accordance with
  
  the National Electricity Policy.