Electricity Act, 2001.

The purpose of this Act is to provide for the restructuring of the power supply industry and the possible participation of the private sector, and by providing mechanisms for licensing and regulating the operations of power companies.
This Act provides for the establishment of the Bhutan Electricity Authority and for its powers and functions. Functions of the Authority include: to develop regulations, standards and codes, and specifications of the electricity supply industry; to issue, modify and revoke licences for the generation, transmission, export, import, distribution and sale of electricity: to monitor the performance of licensees and their compliance with the provisions of this Act; to ensure the protection of natural resources and the environment and other public interests affected by the development of electricity supply; to prescribe and collect licence fees and charges; and to impose fines, sanctions or penalties. The Act further grants power to acquire land and water required for the purpose of providing or maintaining electricity supply services to the public.