The Ministry of Power has issued a proposal incorporating new modifications to the revised proposal for amendments to the Electricity Act 2003.
In September 2018, the Ministry of Power had issued revised proposal for amendments to the Electricity Act 2003, in which it had included ample provisions for renewable energy generation and distribution. The new modifications are related to simplification of tariff categories and rationalization of retail tariff.
Through these modifications, the Ministry of power proposes incorporating tariff categories on sanctioned load and consumption basis.
In the proposal, the government has introduced many novel features like adoption of a uniform tariff structure across all states and consumer categories. It has also recommended imposition of penalty for exceeding the approved load in any given month.
The new proposal is open for comments up to November 5, 2018. Read More
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