An act to establish a bank to be known as the national bank for agriculture and rural development for providing credit for the promotion of agriculture, smallscale industries, cottage and village industries, handicrafts and other rural crafts and other allied economic activities in rural areas with a view to promoting integrated rural development and securing prosperity of rural areas, and. This act was replaced by the electricity act, 2003 36 of 2003 and under its first proviso of section 81, state electricity regulatory commission established under section 14 of the electricity regulatory commission act,1998, was regarded as the state commission, for the purposes of the electricity act, 2003. In spite of a decade of its enactment, the shortages are aplenty and per capita consumption far below the world average. An act to regulate the generation, transmission, distribution and supply of electricity. Buy the electricity act 2003 by panel of experts pdf online from faculty notes. Licensee on depositpayment of the assessed amount restores the supply within 48hrs. An act to make provision in connection with the provision of financial assistance to, or the acquisition of any securities of or any part of the undertaking or assets of, british energy p. Words and expressions used but not defined either in this act or in the central act and defined in the indian electricity act, 1910, or in the electricity supply act, 1948 shall have the meanings respectively assigned to them in those acts. Scribd is the worlds largest social reading and publishing site. But, this requirement is not applicable to consumption of energy generated by means of g. While some of the sections have already been enacted and are yielding benefits, there are a few other sections that are yet to be fully enforced till date. Bodies corporate under common control to be regarded as a single person for the purposes of sections 8, 9, and i 0.
The electricity act, 2003 hereinafter referred as the act is the latest comprehensive enactment which has been passed to deal with various matters relating to generation, transmission, distribution, trading and use of electricity. The electricity act 2003 was a landmark act which promised to remove the maladies which afflict the indian power sector and that too at a time when the sector was ridden with problems. An act to create a competitive market framework for the electricity industry, to make provision for the safety, technical and economic regulation of the generation, transmission, supply and use of electricity, and for other matters connected therewith, to repeal the electrical workers and contractors licensing act chapter 89 of the 1985 revised edition, and to make consequential amendments. The standing committee submitted its report on 19th december, 2002. An act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas. An act to establish a bank to be known as the national bank for agriculture and rural. You can also purchase hard copies of the act and the regulations from. Consumer can pay the provisional assessment immediately under protest and can seek restoration of supply. Occupational health and safety act, 1993 electrical installation regulations the minister of labour has, under section 43 of the occupational health and safety act, 1993 act no. An act to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of.
Electricity act 2003 section 164 exercise of powers of. Find out more on at the attorneygenerals chambers website. Electricity act of 20 latest breaking news, pictures, videos, and special reports from the economic times. The electricity act, 2003 is a comprehensive law intended for growth and development of electricity sector as a whole. According to the petitioner, amalgamation merger is not likely to affect in any manner the existing. The commission is responsible for determining whether merger and corporate applications are consistent with the public interest. Municipal finance management act means the local govern ment. Electricity act 2003 javascript must be enabled in order for you to use the site in standard view. The electricity act, 2003 important facts and figures. Published in part ii, section 3, subsection i of the. If any accident occurs in connection with the generation, transmission, distribution, supply or use of electricity in or in connection with, any part of the electric lines or electrical plant of any person and the accident results or is likely to have resulted in loss of human or animal life or in any injury to a human being or.
The act aims at taking measures conducive to the development of electricity industry, through promotion of. Section 1 of the electricity regulation act, 2006 hereinafter referred to as the principal act, is hereby amended by 5 a the insertion after the definition of minister of the following definitions. Appeal under section 127 of the electricity act 2003 ii aggrieved by the final order assessment order no. However, it seems javascript is either disabled or not supported by your browser. It is a company incorporated under the companies act 1956. Which is the largest producer of thermal electricity. Electricity act 2003 the need for enactment of electricity act 2003, was felt by the central government in the backdrop of the on going economic reforms in the country coupled with power sector reforms in various states. Poor performance of sebs which were formed and operating under ie act 1910 and electricity supply act 1948 forced the. It also brings modern concept like power trading, open access and.
The electricity bill, 2001 was introduced in lok sabha on 30th august, 2001 and was subsequently referred to the standing committee on energy for examination and report. Electricity act of 20 blogs, comments and archive news on. Download free sample and get upto 75% off on mrprental. It has made regulations for regulating the electricity industry. Note changes authorised by section 17c of the acts and regulations publication act 1989 have been made in this reprint. The electricity act, 2003 is an act of the parliament of india enacted to transform the power sector in india the act covers major issues involving generation, distribution, transmission and trading in power. Electricity act 2003 with amendments of 2003 and 2007.
The headquarters of the company is situated at new delhi. Electricity act 2003 with amendments of 2003 and 2007 the electricity act, 2003. The electricity act, 2003, indian bare acts at, a website for indian laws and bareacts, legal advice and law documents in india. Download the electricity act 2003 by panel of experts pdf. Electricity act, 2003 bare acts law library advocatekhoj.
The electricity act 2003 brought a paradigm shift in the power sector of india. The electricity amendment bill, 2016 by shri dushyant chautala, m. Electricity governance regulations 2003 sr 2003374 as. Central act shall have the meanings respectively assigned to them in that act.
235 445 1521 1511 970 1502 14 1555 1115 982 1626 1254 201 1581 569 1372 993 1213 142 880 378 188 1196 919 509 1451 1258 1242 256 1415 891 1044 231 613 1151 943 250 1015 1344 775 685 1469 120 83 1321 1126