Cabinet changes approves to Electricity Act , 2003

New Delhi: The amendments can lead off much-needed any reforms within the power sector, promote competition, potency in operations and improvement in quality of offer of electricity within the country leading to capability addition and supreme profit to the customers, a political candidate unharness aforesaid.
Power Minister Piyush Goyal had aforesaid last week at a happening here that the amendments would be tabled within the current winter session of Parliament.

The union cupboard on Wed approved the varied amendments to the Electricity Act, 2003 as per the facility ministry's projected modification bill.Power Minister Piyush Goyal had aforesaid last week at a happening here that the amendments would be tabled within the current winter session of Parliament.


While there'll be a government distributor of power to make sure that power is provided to the weaker sections of society, competition are going to be introduced and a non-public sector role within the sector, Goyal said.
To boost the wind energy sector, the govt proposes to herald amendments to the act introducing stricter penalties for failing to satisfy renewable purchase obligation  targets, Goyal, United Nations agency is additionally minister of recent and renewable energy, had aforesaid here last week that launching the new fashioned alternative energy producers and manufacturers' organisation the Indian Wind Energy Alliance.


Changes to the tariff policy also are being projected, the minister had aforesaid. To encourage a lot of competition in power distribution, it's projected to offer customers a alternative of corporations for power offer, a ministry supply told IANS.