Tag: Bill

The long-awaited Electricity Amendment Bill 2022 was tabled in Parliament (Lok Sabha) on August 8, 2022, despite opposition from political parties, employees, and engineers of state-run distribution companies. (DisComs). The bill was referred to the House Energy and Commerce Committee for further feedback. The right side of the markets debate views this measure as a reformist solution to fix India's electrical system, which has suffered for four decades despite reforms owing to distribution companies' poor financial health, operational inefficiencies, and large AT&C losses. The economics and politics of India's 'grid' must be investigated to understand opposition to planned modifications to the Electricity Act 2003. The federal government and states control India's electrical bu...