The Electricity (Amendment) Bill 2021, which enables power consumer to choose from multiple service providers as in the case of telecom services, is likely to be introduced and pushed for passage in the Monsoon session of Parliament beginning in July.
Participating in the virtual BloombergNEF (BNEF) Summit, Power and Renewable Energy Minister R K Singh said the bill seeks to delicense distribution of electricity.
“We proposed to delicense distribution of electricity just like the generation. The Cabinet note on the bill was circulated and all concerned ministries have approved it. But law ministry has one or two queries,” Singh said.
He exuded confidence that it would be sent for the Union Cabinet approval soon and hopefully be introduced and pushed for passage in the forthcoming Monsoon session of Parliament.
The Monsoon session is likely to commence on July 19 and conclude on August 13.
The proposal to seek the Cabinet approval for the Electricity (Amendment) Bill 2021 was circulated in January this year and the draft law was to be pushed for passage in the Budget session.
The bill seeks to delicense power distribution to reduce entry barriers for private players for creating competition in the segment, which would ultimately enable consumers to choose from multiple service providers.
The bill also prescribes the rights and duties of electricity consumers.