Power News We love to talk!

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

Related News

  • Reforms, competition in distribution and end to coal monopoly only antidotes to power failures  Read more
  • Tata Power focuses overseas as losses pile up at Mundra plant  Read more
  • NTPC plant shutdown hits power supply in 5 States  Read more
  • Telangana's solar power generation capacity reaches 3,800 Megawatt  Read more
  • Dabhol plant may be rented out to private producers  Read more
  • Dont know whats controversial about Welspun deal: Balkrishan Goenka  Read more
  • RERC accepts KIPLs petition seeking interest payment from the state discoms  Read more
  • Government offers online facility for installing solar rooftops  Read more
  • Heavy penalties on States violating grid discipline  Read more
  • JSW Energy looking at 8-10 projects  Read more