The Draft Electricity Act (Amendment) Bill 2020, which has been shared by the Union Power Ministry for suggestions, lays focus on next generation reforms, financial health of distribution companies, their ownership, governance and thrust on renewable energy sector.
The much-awaited changes sought for the ageing Electricity Act, 2003 was shared by the Union Power Ministry on April 17, 2020 with stakeholders for suggestions. Initially, three weeks’ time was given for feedback. Later, due to the coronovirus-led lockdown, it was extended to May 8 and again to June 5.
The draft Bill has evoked mixed response. While States which extend free power to the farm sector such as Telangana, Andhra Pradesh and Punjab, among others, are delving deep into the manner in which it could impact them, Independent Power Producers (IPPs),