the start of the Monsoon Session from 19 July 2021, new bills and topics for discussion are being scrutinized. The Minister of Energy and Renewable Energy of India has said that for this session Electricity Amendment Bill 2021 One major issue, on the details powermin.gov.in. Once the session starts and discussions continue, the public may get some good news. Through this post we will tell you about Electricity Amendment Bill 2021. download Electricity Amendment Bill 2021 PDF in Hindi, English and other regional languages.
Electricity Amendment Bill 2021 PDF
When Minister Mr. RK Singh attended the virtual Bloomberg NEF Summit (BNEF) summit, he said the bill seeks to license electricity distribution. Also, the minister said that the note on the bill from the cabinet was circulated to all the ministries and they have approved it. Now the bill will be sent to the Union Cabinet for approval during the monsoon session.
This will pave the way for a positive change in the existing rules regarding electricity. According to reports, the monsoon session is from 19 July 2021 to 13 August 2021. Electricity Amendment Bill 2021 PDFThe ministry had proposed it for discussion during the budget session in January. Now, the bill is finally ready for discussion in the monsoon session. The government’s main idea behind the bill is to license power distribution and reduce entry barriers for private owners.
Electricity Amendment Bill Monsoon Session 2021
Once the bill is approved, competition in the power sector will increase and provide customers with options to choose from. In addition, the Bill brings new rights and duties for the consumers. Also, the bill will increase the penalty for non-compliance of RPO. Talking about the renewable purchase obligation, under this, large consumers and discoms have to buy renewable energy in proportion.
Regulators fix these ratios and they also provide certificates to the distribution companies for completing RPOs. In the announcement, the minister also mentioned that Reliance Industries will invest Rs. 75,000 crore in green energy. This comes as a positive sign for what is to come. Now, green energy will introduce green tariff and through this discoms can get clean energy. These sources include solar, wind, water etc.
Due to poor financial health, discoms have been unable to pay transcos, generators and financial institutions. With the introduction of the amendment bill, consumers will have the option to choose the distribution company. Also, carriage and content operations will be separated by creating separate fields through the bill. This makes it one of the biggest reforms in history.
Changes in Electricity Amendment Bill 2021
Now we would also like to tell you about the open market which the amendment bill makes for the public. The first is that consumers will have the opportunity to choose their supplier and buy electricity as a commodity. Secondly, the bill helps in tackling issues like cross subsidy deficit, poor infrastructure and losses.
In addition, the Bill helps discoms meet renewable purchase obligations. Also, the bill states that it will strengthen the Appellate Tribunal for Electricity (APTEL) and appoint members with legal background. While talking about the Bill, we should also talk about the Revised Distribution Area Scheme.
The Electricity Amendment Bill 2021 PDF has the following objectives:
- This will reduce AT&C losses across India by 12-15% by the end of 2025.
- This scheme reduces the ACS-ARR gap to zero by 2025.
- In addition, the scheme develops institutional capabilities for modern discoms.
- Lastly, it improves the quality, affordability and reliability of power distribution to consumers and creates an efficient distribution sector.
Electricity Amendment Bill 2021 PDF Download
After reading the above paragraph, most of you should be interested in reading the entire draft. To be able to read the draft, we have below steps for Electricity Amendment Bill, 2020 and Electricity (Rights of Consumers) (Amendment) Rules, 2021.
- You have to visit the website of Ministry of Power, Government of India powermin.gov.in.
- Now you will reach the homepage of the website @ powermin.gov.in.
- Here, you can see information related to PM, our new Power Minister and Minister of State for Power.
- Scroll down the page and then you will see the current notice section.
- To the right of this section, you see the Quick Links section.
- Under this go to the Electricity (Rights of the Consumer) Rules, 2020 link.
- The PDF of the draft will open which you can read and understand in detail.
Apart from this, you can also read the Draft Electricity (Rights of Consumers) (Amendment) Rules, 2021 on the website powermin.gov.in. This draft was updated on 9 April 2021.
Electricity Amendment Act PDF 2021 FAQs
Does the Bill take into account the discoms and their problems?
Yes, the issues of discoms will be considered in the new electricity bill to be discussed in the monsoon session.
Is the new bill good for bringing in renewable resources of energy and electricity generation?
Yes, one of the biggest reasons for introducing the new bill is to increase the percentage of green energy production in the country.
Will it be possible for consumers to choose their electricity distributors once the bill is approved?
Yes, once the bill is approved, consumers will get a chance to choose their electricity distributors, unlike before.