In short: The Elec­tric­ity (Amend­ment) Bill, 2014

Governance Now - - ENERGY -

The bill amends the Elec­tric­ity Act of 2003. It seeks to seg­re­gate the distri­bu­tion net­work busi­ness and the elec­tric­ity sup­ply busi­ness, and in­tro­duce mul­ti­ple sup­ply li­censees in the mar­ket. • It pro­vides for two types of li­censees: a sup­ply li­censee who will sup­ply elec­tric­ity to con­sumers, and a distri­bu­tion li­censee who will main­tain the distri­bu­tion net­work and en­able the sup­ply of elec­tric­ity for the sup­ply li­censee. State elec­tric­ity reg­u­la­tory com­mis­sions will grant sup­ply li­censes. Con­sumers will have a choice of buy­ing elec­tric­ity from any of the sup­ply li­censees in the given area. The bill re­quires the pres­ence of a gov­ern­ment com­pany as a sup­ply li­censee in an area of sup­ply. This will pro­vide a counter against the com­pet­ing pri­vate firms. – GN Bureau

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