The power ministry will also do away with cross subsidy in the proposed power tariff policy to promote e-mobility, as nobody will buy power at Rs 11/unit, Singh said.
Cross subsidy is provided to fund cheaper power to residential, farmer and poor consumers. Industrial users currently pay cross subsidy. The Niti Aayog in its draft policy has suggested removal of cross subsidy.
Singh said that the electricity amendment bill, which proposes renewable of distribution licences for discoms and a hike in penalty for unscheduled power cuts from Rs 1,000 at present, is likely to be placed in Parliament in upcoming budget session.
Discoms, at present, get licence for life-time.
The bill also proposes separation of carriage and content business. This will enable consumers to change service providers like they do for mobile phone services.