Within days of cabinet approval, the government on Friday tabled in the Lok Sabha amendments to the Electricity Act, 2003, designed to bring in the much needed second phase of reforms in the power sector.
The Electricity (Amendment) Bill, 2014 will promote competition, efficiency, and improvement in the supply of electricity in the country resulting in capacity addition and benefit to the consumers, Power Minister Piyush Goyal said while introducing the bill in the Lok Sabha.
The salient changes proposed are aimed at enhancing grid safety, unbundling the distribution sector, promoting renewable energy and tariff rationalization
No comments:
Post a Comment