Central Electricity Act to be amended

It is to improve the tariff policy and regulations in power sector.

By: Express News Service | New Delhi | Published:August 7, 2014 1:56 am

The NDA government will introduce amendments to the Central Electricity Act in the next session of Parliament to improve the tariff policy and regulations in power sector.

Minister of State for Power Piyush Goyal told Rajya Sabha that the government has decided to allow only 100 per cent indigenous domestic companies to participate in the tendering process for 1,000 MW solar power plants for the defence sector.

The step, he said, is aimed at promoting domestic solar power companies to help increase solar power production in the country. He said the measure will be implemented from this year and was a WTO compliant scheme.

Replying to a discussion on the functioning of Power Ministry, he said he will seek the support of the House in getting the amendments to the Electricity Act of 2003 passed as it needs a relook and it should be more contemporary.

“We need to have transformational changes. Our government is committed to transformational changes and not incremental changes,” Goyal said.

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