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

  • NTPC Kahalgaon power plant generates record 15,794 million units  Read more
  • Telangana's solar power generation capacity reaches 3,800 Megawatt  Read more
  • Supreme Court verdict may plunge future of power firms into darkness  Read more
  • BHEL surges 5% on commissioning of three power projects  Read more
  • 'Quantum jump in power consumption in Bihar in past eleven years'  Read more
  • GMR Infra: Capitalising on power assets  Read more
  • CIL floats first tender to supply coal under SHAKTI scheme  Read more
  • Government to auction 10 coal mines in third tranche by August: Coal Secretary  Read more
  • Investor commitments received for 1.3 lakh MW renewable energy: Piyush Goyal  Read more
  • Thermal power projects for 12th Plan have clearances: Central Electricity Authority  Read more