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New Bill set to amend the Electricity Act, end licence raj in power supply

Electricity Bill, 2021, will be tabled in the ongoing session

Topics
electricity bill | Power Sector | Discoms

Shreya Jai  |  New Delhi 



power, electricity, plant, renewables, thermal
The proposed amendments follow the announcement made by Union Finance Minister Nirmala Sitharaman in her Union Budget speech

The Centre is ready with a Bill to amend the Electricity Act, 2003 to set the ball rolling on abolition of power “distribution licence” and allow any company to supply electricity to an area, after necessary regulatory approval. The move will also end the monopoly of existing power distribution companies (discoms), which are mostly state-owned entities. It also implies that all areas will be thrown open to private .

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First Published: Fri, February 05 2021. 06:10 IST

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