Electricity Act of Bhutan, 2001

The Electricity Act intends to enable the restructuring of the power supply industry and the possible participation of the private sector, by providing mechanisms for licensing and regulating the operations of power companies. The purpose of the Electricity Act of Bhutan is to provide for: 

1. The restructuring of the electricity supply industry.
2. The establishment of the Bhutan Electricity Authority.
3. The technical regulation of the electricity supply industry.
4. The private sector participation in the electricity supply industry.
5. To empower the Government to participate in the formation of any company for the purpose of carrying out all or any of the purpose of the Act. 

The objectives of this Act include: 

1. To promote a safe and reliable supply of electricity throughout the country.
2. To enhance revenue generation through export of electricity.
3. To develop the socio-economic welfare of the people.
4. To promote economic self-reliance of the country through the development of a financially viable and reliable electricity industry.
5. To promote development of renewable energy resources.
6. To take environmental considerations into account when developing the electricity supply industry.
7. To promote efficiency in management and service delivery.