AP Chambers welcomes proposed energy sector reforms

19 Sep 2022 CW Team

Welcoming the reforms in the energy sector, AP Chambers of Commerce and Industry Federation (AP Chambers) observed that the new provisions in the proposed Electricity (Amendment) Rules 2022 will remove public as well as private monopolies in the power distribution sector.

The competition in the power distribution sector will certainly improve the quality of services and also lead to price competition which is undoubtedly advantageous to face global competition in terms of boosting exports.

The Chambers said that the cost of the service is not followed by discoms at present as per CERC guidelines, which had led to abnormal tariff hikes in the recent past.

Reforms in the power sector are inevitable at this juncture to provide good service to the consumers. The Chambers submitted a representation to the minister for power Raj Kumar Singh on the draft Electricity (Amendments) Rules, 2022. AP Chambers observed that electricity is an essential item for every individual and its utility is one of the parameters for the economy.

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