We are working on a new Electricity Act, says Power Minister RK Singh
The Electricity Act of the country must be a legislation which provides for the rights of all stakeholders, says RK Singh, Minister of State (Independent Charge) of Power and New and Renewable Energy. Keeping this mind, Singh and his team in the Power Ministry are working on a new Act.
“The main focus of the new law would be enhancing the rights of all the stakeholders,” he said.
Singh, who is also formulating a new tariff policy, in his second stint as Power Minister, is by now well versed with the challenges including negotiating with the State governments. In conversation with BusinessLine, he said “Discoms cannot pass on their inefficiencies to consumers by levying higher tariffs. The cross subsidy needs to come down.” Excerpts:
