By: Matrugupta Mishra & Nipun Dave
The Electricity (Amendment) Bill, 2022 dated 03.08.2022 was introduced by Shri R.K. Singh, Minister of Power in the Lok Sabha on 08.08.2022 wherein it has been referred to a Standing Committee.
It has proposed significant changes to the Electricity Act, 2003. The bill touches upon several issues plaguing the power sector, in particular, payment security for the generators, contract enforcement, energy transition, renewables and composition of commissions and Appellate Tribunal.
