"(3) A Generating Company may, on such terms as may be Amendment of section 34, Omission of section 38.
Amendment of section
39.
Amendment of section
41.
Amendment of section
42.
Amendment of section
43.
I4l6 THE GAZETTE OF INniA EXTRAORDINARY [PART I I-- agreed upon, enter into arrangements for the sale of electricity generated by it—
(a) with the Board constituted for the State or any of the States wherein such Generating Company is operating; cr
(b) with any other person with the consent of the Government or Governments which, in relation to that Generating Company, is the promoting government or promoting governments .".
27. In section 44 of the principal Act,—
(a) in sub-section (1), in the opening paragraph, after the words "created by a Central Act", the words "or any Generating Company" shall be inserted;
(b) after sub-section (2), the following sub-section shall be inserted, namely: — "(2A) The Board shall, before giving consent under subsection (1), to the establishment or acquisition of a new generating station or to the extension or replacement of any major unit of plant or works, consult the Authority, in cases where the capacity of the new generating station or, as the case may be, the additional capacity proposed to be created by the extension or replacement exceeds twenty-five thousand kilowatts.".
28. In section 72 of the principal Act,—
(a) for the words "the Board", the words "the Board or a Generating Company" shall be substituted;
(b) for the words "or that the Board is unable so to develop", the words "or the Generating Company so to develop" shall be substituted.
29. In section 73 of the principal Act, for the words "the Board shall :o-ordinate its activities", the words "the Board and the Generating Company shall co-ordinate their activities" shall be substituted.
30. In section 74 of the principal Act,—
(a) for the words "servant of the Board", the words "servant of the Board or of a Generating Company" shall be substituted;
(b) for the words "authorised by the Board", the words "authorised by the Board or by the Generating Company, as the case may be," shall be substituted;
(c) for the words "duties by the Board", the words "duties by the Board or by the Generating Company, as the case may be," shall be substituted.
31. In section 75 of the principal Act, in subjection (3) ,—
(a) for the words "or person", the words "or person or agency" shall be substituted;
Amendment of section 44, Amendment of section
72.
Amendm'ent of section
73.
Amendment of section
74.
Amendment ot section
75.
Sfcc. 1] THE GAZETTE OF INDIA EXTRAORDINARY 1417
(fa) the following proviso shall be inserted at the end, namely: — "Provided that nothing in this sub-section shall be deemed to empower the Board to require a Generating Company to furnish it with any information or accounts.".