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Politics

Electricity amendment bill likely in Budget session

Power Minister Manohar Lal announced that the Electricity Amendment Bill is expected to be introduced during the upcoming Budget session of Parliament. The bill aims to reform the power sector and improve the financial stability of struggling power distribution companies, although many continue to face losses despite recent profits reported by some utilities.

Electricity amendment bill likely in Budget session

Credit: Dailyexcelsior

Key Highlights

  • Electricity Amendment Bill likely to be introduced in the Budget session.
  • The bill aims to reform the power sector and aid debt-ridden distribution companies.
  • Power distribution utilities reported a joint profit of Rs 2,701 crore in FY25.
  • Approximately 50 distribution companies are still facing financial losses.
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Sources

  1. Electricity amendment bill likely in Budget session
  2. Electricity Amendment Bill Likely In Budget Session

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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