At a press conference held on Sunday in conjunction with a meeting of the G-20 Energy Transitions Working Group, he was replying to questions regarding plans to privatize state-run utilities.
He declared that the current discoms would continue. However, they ought to be made to compete so that you, the customer, have a choice. You can switch to a different discom if it is not operating well or if someone else can provide you with better service. The Electricity Act of 2003 has established the concept and provision for numerous licensees to operate in the same area of supply, the speaker claimed. The Act permits many licensees to work in the same supply area.
Source:- The Indian Express
The Union Minister claims that implies competition. He claimed that there is one legal provision that permits this to happen. This is happening in Mumbai (power supply by private companies). But because of one issue, it is not taking off (in other locations). Through the amendment, we hope to solve that problem, he continued.
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