Power News We love to talk!
In the wake of the recent power grid collapse, the Government proposes to give more powers to the state regulators through an amendment in the Electricity Act likely to be introduced during the next Parliament session.
"There is a need to provide more power, more teeth to the State Electricity Regulatory Commissions. They should be given more liberty so that grid discipline is enforced by them, Power Minister Veerappa Moily told reporters here.
The ministry has already appointed a task force, headed by Chairman CEA (Central Electricity Authority) which is consulting various stakeholders in this regard.
"Within two months the task force should give the report and in the meantime I have asked all the state regulators to work on the proposed amendment, and evolve them with a holistic approach.
"We want the new (amended) Act to be more reforms based, more principle based and I also propose to introduce that in the Winter session of Parliament, he said.
At the end of 11th Plan period (2007-12), the share of private power companies rose from 21 per cent to 55 per cent, he said, adding that if emphasis is not given on distribution, they will have no incentive.
"The proposal now is that the orders of the state regulators should be treated as civil decree or which can be enforced by law, Moily said.
"Put some governance and reforms for the greater functioning of the state electricity boards and enforcement of rules and regulations by SERCs, he said.
"There should be performance appraisal of the state regulators, we are looking at that, he added.
As against the total installed capacity in India of over 2,00,000 MW, the energy demand is expected to reach 4,00,000 MW by 2022.
- Save my net worth: Tata Power Distress call to govt after company posts net loss of Rs 329 cr Read more
- Power Grid gains on board nod for investment proposals Read more
- Climate change: Heat waves and droughts will take a toll on electricity production Read more
- MP govt to provide subsidised solar water pumps to farmers Read more
- Bihar bets big on nuclear power; plans 3,000 MW plant Read more
- Maharashtra taps into feeder-based solar energy to power agriculture sector Read more
- India plans to get Bhel to bid for Bangladesh power project Read more
- Gati Infra to raise 100 m for green energy Read more
- GAIL India to import 5 million tonnes of LNG from the US in next fiscal Read more
- Govt calls for speedy implementation of power sector schemes in J&K Read more