Electricity Act, 2003
22. Provisions where no purchase takes place.-
1. If the utility is not sold in the manner Provided under section 20 or section 24, the Appropriate Commission may, to protect the interest of consumers or in the public interest, issue such directions or formulate such scheme as it may deem necessary for operation of the utility.
2. Where no directions are issued or scheme is formulated by the Appropriate Commission under sub-section (1), the license referred to in section 20 or section 24 may dispose of the utility in such manner as it may deem fit:
Provided that, if the licensee does not dispose of the utility, within a period of six months from the date of revocation, under section 20 or section 24, the Appropriate Commission may cause the works of the licensee in, under, over, along, or across any street or public land to be removed and every such street or public land to be reinstated, and recover the cost of such removal and reinstatement from the licensee.