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<h1>Exemption for electricity transmission and distribution applies to specified utilities, with clarifications on DISCOM charges and guarantees.</h1> Exemption covers the transmission or distribution of electricity by an 'electricity transmission or distribution utility,' with statutory definitions provided for the class of utilities (including transmission and distribution licensees and entities entrusted by government) to delimit the exemption's scope; administrative clarifications address application to DISCOM recoveries from consumers and to State Government guarantees and related commission charges.