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MAY 12 2015

Nod for Electricity Act amendment plan

  • Economic Times, ET Bureau / Hyderabad
  • Created: Tue 12th MAY 2015

The Union Cabinet has approved the proposals for amendment in Electricity Act, 2003 on December 10, 2014 as contained in the Electricity (Amendment) Bill 2014. The Electricity (Amend-ment) Bill, 2014 was introduced in the Lok Sabha on December, 19, 2014.

 This was referred to Parliamentary Standing Committee on Energy and the committee has submitted its report to Parliament on May 7, 2015, said a release by the Press Information Bureau on Monday. The amendments proposed in Electricity (Amendment) Bill, 2014 seek to end the monopoly of power distribution companies by segregating the carriage (distribution sector/network) from the content (electricity supply) in the power sector.

Tags

Distribution Companies Electricity Act Energy Power Distribution Parliamentary Standing Committee Power Electricity

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