On the demand of some of the UPA allies that the recently passed Electricity Act be reviewed, Mr. Sayeed said there was no need to do so at the moment.However it appears that the left parties want the review of this act in the Common Minimum Programme (CMP), which is to be released today. Based on various television reports, the CMP may ask for a review of the act.
The Electricity Act, 2003 contemplates the efficient development of the power sector in a competitive environment, including restructuring of the vertically integrated State Electricity Boards to bring about greater accountability, transparency in provision of subsidy and introduction of competition through open access in transmission, he said.
You can get The Electricity Act, 2003 as a PDF file here. The Electricity Employees Federation of India is of the opinion that this act is bad for the poor people. Their views are here.
No wonder, the Left groups are a bit concerned with this act. I intend to read the massive 84 page document of the Act and also various analysis available around to find out what is there in it, and will revert with my views at a later time.
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