Business Environment The voltaical energy Act, 2003 | | TABLE OF CONTENTS melodic theme| Page no(prenominal)| Chapter 01 : Introduction| 4| Chapter 02 : Salient Features & exposit of electricity Act, 2003| 5| Chapter 03 : Critique of electrical energy Act, 2003| 10| Chapter 04 : regulative Bodies below Electricity Act, 2003| 11| Chapter 05 : Role of posits under the Electricity Act, 2003| 12| Chapter 1: Introduction 1.1. Electricity is one of the attain inputs for the overall socio- economical cultivation of the country. The basic responsibility of the index finger supply industry is to generate adequate electricity at economic cost, while ensuring dependability and quality of the supply. Despite pregnant progress in force addition since Independence, the demand for electricity quells to outstrip the supply with the go away that energy and peaking shortages continue to plague the economy. With the increasing pace of economic development wardrobe forwardd by the make betters initiated by the Government, the demand for power in twain rural and urban areas is likely to increase quickly in the coming years. 1.2. The structure of the electricity industry in self-employed person India was laid down by the Electricity (Supply) Act, 1948 that created the State Electricity Boards (SEBs).
In their initial years, the SEBs performed yeomen service in carrying electric power everywhere, but over the years they shit live unsustainable, thanks to their mismanagement coupled with the economic and technological developments of the outgoing decade. 1.3. The legal ! framework was amended in 1998 to facilitate parochial investment in generation and transmission, respectively; it enabled private entities to change or transmit power through long-term contracts with state-owned entities. Similarly, the stage setting up of regulatory commissions under the 1998 Act, only had a special(a) impact on the state-owned monopolies. These piecemeal changes in the scream of reform have not been able to...If you want to brook a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment