The Guidelines provide for –
- License issued by the State Government is a mandatory re-requisite for permitting business operations by the aggregator.
- For regulating the aggregators, the guidelines specified by the Central Government may be followed by State Governments.
- In order to ensure compliance with the license requirements the Act stipulates penalties under Section 93 of the Act.
- These Guidelines seek to establish a regulatory framework for aggregators by State Governments to ensure that the aggregator’s are accountable and responsible for the operations executed by them.
- The business shall also be considered as a service provided by the aggregators to serve the larger public interest in terms of generation of employment, commutation facilities to the public which is cost effective and comfortable.
