To promote competition in power sector, we have introduced Electricity Amendment Bill : Goyal

To promote competition in power sector, we have introduced Electricity Amendment Bill : Goyal

Electricity Amendment Bill could be made optional if there is no consensus, said Piyush Goyal while addressing an event organised by the Bharatiya Janata Party.

“If there is no consensus on the issue (Electricity Amendment Bill) then I would make it optional, so that the states which want to do it, should go ahead with it,” he said on the event organised  on completion of its two years at the Centre.

“In order to promote competition in power sector, we have introduced Electricity Amendment Bill, so that we can choose our service provider like we do for telecom services. But power sector employees and some states are opposing it. All BJP ruled states support this bill.”

The Bill seeks to provide multiple supply licences in the markets to enable electricity consumers choose their service providers among many. It is understood that all issues related to the bill have been resolved particularly those raised by the power sector workers. It provides that states will prepare a road map for segregation of power distribution network business and the electricity supply business in five years time.

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