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

  • Maharashtra polls: Ahead of election, Maharashtra buys more power  Read more
  • Coal shortage: 43,000 MW projects hit, 10 b units lost in a year  Read more
  • Narayan Karthikeyan's company looks to buy Inox Windfarms for Rs 1,200 crore  Read more
  • Dont ask us to pay when you owe us more, renewable energy cos tell Tangedco  Read more
  • Arunachal Pradesh scraps power deal with Naveen Jindal Group  Read more
  • Jindal Power advances Tamnar expansion for tax holiday  Read more
  • Suzlon receives 197.40 MW repeat order from IPP company  Read more
  • NPCIL plans to generate 13,000 MWe power by 2023  Read more
  • Work begins on India's first green energy corridor project  Read more
  • Power issue may cast shadow on GIM  Read more