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