Categories: National

The Govt Tabled In Lok-Sabha: The Electricity Amendment Bill,2022

A Bill to amend the Electricity Act to allow non-discriminatory open access to distribution networks of power suppliers was introduced in Lok Sabha on Monday amid protests by the Opposition, which claimed that it seeks to take away certain rights of state governments. Introducing the Bill, power minister RK Singh urged Lok Sabha Speaker Om Birla to refer it to a parliamentary standing committee for wider consultations to address Opposition concerns.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

What Is In The Bill:

The Bill is aimed at allowing privatisation of electricity on the lines of communication. As per the Central Govt, if the Bill is passed in both the Houses, customers will have the option to choose the supplier of electricity just like one can choose for telephone, mobile and internet services. The Bill seeks to amend section 42 of the Electricity Act to facilitate non-discriminatory open access to the distribution network of a distribution licensee.

Further, the bill seeks to amend section 14 of the Act to facilitate the use of distribution networks by all licensees under provisions of non-discriminatory open access with the objective of enabling competition, enhancing efficiency of distribution licensees for improving services and ensuring sustainability of the power sector. The bill also provides for inserting a new section 60A in the Act so as to enable management of power purchase and cross-subsidy in case of multiple distribution licensees in the same area of supply.

The bill also seeks to amend section 62 of the Act so as to make provisions regarding graded revision in tariff over a year and for mandatory fixing of the maximum ceiling as well as minimum tariff by the Appropriate (electricity regulatory) Commission. The draft law also provides for amending section 166 of the Act so as to strengthen the functions to be discharged by the Forum of Regulators. The bill will also amend section 152 of the Act so as to facilitate de-criminalisation of offence as it would be mandatory to accept compounding.

Find More National News Here

Piyush Shukla

Recent Posts

RBI Cancels Paytm Payments Bank Licence, Cites Regulatory Non-Compliance

The Reserve Bank of India (RBI) has cancelled the banking licence of the Paytm Payments…

12 hours ago

Do You Know Which was the First Website on the Internet?

Today, the internet is an important part of our daily life. We use it to…

14 hours ago

Dabur Names Herjit S Bhalla as India Business CEO, Effective April 23, 2026

Dabur has appointed Mr. Herjit S Bhalla as the Chief Executive Officer (CEO) of Its…

16 hours ago

India Loses Top Spot in Bangladesh Corn Market Amid Rising Ethanol Demand

Brazil has overtaken India as the leading exporter of the corn (maize) to Bangladesh. This…

16 hours ago

Which Indian City is known as the City of Locks?

Aligarh is a well-known city in Uttar Pradesh. It is popularly called the "City of…

16 hours ago

Satellite Study Places Mumbai and Secunderabad Landfills in Global Methane Top 25

The recent satellite based global study has revealed that the landfill sites in the Secunderabad…

17 hours ago