Power to make rules

(1) The State Government may, by notification, make rules to carry out its functions under the provisions of the Act. (2) In particular, but without prejudice to the generality of the power mentioned in sub-section (1), such rules may provide for all or any of the following matters, namely : (a) the procedure to be adopted by the selection committee for discharge of its functions under the Act; (b) the preparation of the transfer scheme, the transfer of assets to generating and others in the State; (c) the financing, funding and giving guarantees to persons involved in the generation, transmission, distribution and supply of electricity, in the State; and (d) any other matter which is required to be, or may be, prescribed by rules.