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New Electricity Bill 2020 proposes to bring reforms for discoms, tariff

Updated : April 18, 2020 07:28 PM IST

The bill also proposes to restrict deferment of revenue recovery and reduction in cross-subsidy to bring in a cost-reflective tariff, simplified tariff.
It also proposes to bring in an Electricity Contract Enforcement Authority (ECEA) to deal with the issues of non-performance of contracts leading to uncertainty.
For the renewable sector, the draft bill proposes to bring National Renewable Energy Policy and may bring in a minimum percentage of the purchase for the states from renewable sources.
Published : April 17, 2020 08:32 PM IST

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