OBJECTS, JURISDICTION, ETC. OF GENERATING COMPANIES.

(2) The objects of a Generating Company shall include- (a) Establishment, operation and maintenance of generating stations and tie-lines, sub-stations, and main transmission lines connected therewith; (b) Operation and maintenance of such generating stations, tie-lines, sub-stations and main transmission lines as are assigned to it by the competent government or governments. (3) The Generating Company shall carry on its activities within such areas as the competent Government or Governments, as the case may be, may, from time to time, specify in this behalf. (5) A full-time member of the Board of Directors of a Generating Company shall be a person who has experience of, and has shown capacity in, - (a) Design, construction, operation and maintenance of generating stations: (b) Transmission and supply of electricity; (c) Applied economics; (d) Organising workers; (e) Industrial, commercial or financial matters; or (f) Administration in a Government Department or other establishment.