 "power, electricity, IIP, grids, cyber security, demand, discoms, distribution, companies, firms, transmission, transformer, workers")
The long-standing proposal to amend the Electricity Act, 2002, could finally see light of the day as it is likely to be tabled in Parliament next week.
The Electricity Bill, 2022, which proposes significant changes in the power distribution sector, will open the door to private investment. It will allow multiple distribution licensees to function in an area. Sources said the Bill has been introduced in Parliament.
Business Standard had reported recently that the Centre has dropped the proposal of privatising state-owned power distribution companies (discoms). It may introduce a model of multiple electricity sellers.
Through a proposed amendment to
