Federal Law № 250 - FZ of November 4, 2007 "On Introducing Amendments to Certain Legislative Acts of the Russian Federation in Connection with the Implementation of Measures for Reforming the Power System of Russia" established the specifics of the legal status of the wholesale market commercial infrastructure, whereby, as of the 1st of April 2008, Non-profit Partnership “TSA” was entrusted with the functions of the market council.

 In pursuance of the said Law, the Annual Meeting of Members of NP “TSA” on the 28th of July 2008 adopted the decision to introduce amendments to the Charter of the Partnership, particularly as it pertains to changing the name of Non-profit Partnership “Trading System Administrator of the Wholesale Electricity (Capacity) Market of the Unified Energy System” to Non-profit Partnership " Council for Organizing Efficient System of Trading at Wholesale and Retail Electricity and Capacity Market" (NP "Market Council").
NP "Market Council" is called upon to unite, on a membership basis, electricity (capacity) sellers and buyers that are wholesale market entities taking part in the circulation of electric power on the wholesale market; organizations operating the commercial and technological infrastructure of the wholesale market, and other organizations operating in the electric power industry.