Electricity Act (2003)

Electricity Act (2003)

The Electricity Act (2003) is a revolutionary piece of legislation enforced in India that aims to transform the power sector in India.

The act covers major issues involving generation, distribution, transmission and trading in power. While some of the sections have already been enacted and are yielding benefits, there are a few other sections that are yet to be fully enforced till date.

Generation

The Act delicenses power generation completely (except for hydro power projects over a certain size)

Distribution

The Act delicenses distribution in rural areas and brings in a licensing regime for distribution in urban areas.

However, as per the Act, only 16 states in India have notified what constitutes as rural areas and therefore the rural distribution is yet to be freed up in nearly one third of the country.


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Electricity sector in India — The electricity sector in India is predominantly controlled by government sector entities via central public sector corporations, such as: National Hydroelectric Power Corporation, National Thermal Power Corporation and various state level… …   Wikipedia

  • Electricity — (from the Greek word ήλεκτρον, (elektron), meaning amber, and finally from New Latin ēlectricus , amber like ) is a general term that encompasses a variety of phenomena resulting from the presence and flow of electric charge. These include many… …   Wikipedia

  • Central Electricity Authority of India — The Central Electricity Authority of India (CEA) is a statutory organisation constituted under section 3(1) of Electricity Supply Act 1948 ,which has been superseded by section 70(1) of the Electricity Act 2003.The CEA advises the Union… …   Wikipedia

  • Maharashtra State Electricity Board — Type Government owned Industry Electricity Generation, Electricity Transmission, Electricity Distribution Founded June 20, 1960 Headquarters …   Wikipedia

  • Maharashtra State Electricity Distribution Company Limited — Type Government owned Industry Electricity Distribution Founded June 06, 2005 (Carved out of MSEB) Headquarters …   Wikipedia

  • Maharashtra State Electricity Transmission Company Limited — Type Government owned Industry Electricity Transmission Founded June 06, 2005 (As MSEB was trifurcated) Headquart …   Wikipedia

  • Electricity Supply Board — Infobox Company company name = Electricity Supply Board company company type = Statutory Corporation foundation = Dublin, Ireland (1927) location = Dublin, Ireland key people = Padraig McManus, CEO Lochlann Quinn Chairman num employees = 7000… …   Wikipedia

  • Electricity market — An electricity market is a system for effecting the purchase and sale of electricity using supply and demand to set the price. Wholesale transactions in electricity are typically cleared and settled by the grid operator or a special purpose… …   Wikipedia

  • 2003 world oil market chronology — *January 6: Venezuelan Minister of Energy and Mines Rafael Ramírez announces that the Venezuelan government plans to split state oil company Petroleos de Venezuela S.A. (PdVSA) into two separate entities as part of a large scale restructuring of… …   Wikipedia

  • 2003 — This article is about the year 2003. 2003 : January · February · March · April · May · June · July · August · September&# …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”