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.
- Payment delay, discom insensitivity a drag on green projects Read more
- Essar eyes sale of Vadinar refinery in Gujarat: report Read more
- Going solar to save Rs 12 Crore a year for Maharashtra Metro Read more
- Coal India net declines 38% to 2,716 crore in Q4 Read more
- HC orders two mines off the block, more could follow Read more
- RP-Sanjiv Goenka Group to split flagship firm CESC into four units Read more
- Firms must bid to sell captive coal power: Moily Read more
- `Power sector should be given priority in gas allocation' Read more
- Modi terms giving up of the LPG subsidy as a silent revolution Read more
- Budget 2016: Coal cess hike to have adverse impact Read more