Electricity Amendment Bill 2022
On 8th August, 2022, the Electricity (Amendment) Bill 2022 was introduced in the Lok Sabha. It proposes certain amendments to the Electricity Act, 2003.
However, the Bill was later sent to the standing committee for further deliberation.
Aim
- It seeks to strengthen regulatory and adjudicatory mechanisms and usher in administrative reforms through a system of corporate governance of distribution licensees.
Need
- The power sector has been reeling under the pressure due to the poor financial health of power distribution companies (discoms).
- The entire supply chain in the power sector has been stretched due to payment related issues.
- In this backdrop, the bill ....
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