INDIAN ELECTRICITY ACT 2003 AIMS AND OBJECTS

Indian electricity act 2003 aims and objects
The Indian electricity act 2003 provides to consolidate the laws relating to generation, transmission, distribution trading and use of electricity and generally for taking measures conductive to development of electricity industry, promoting competition therein, protecting interests of consumers and supply of electricity to all areas, rationalization of electricity tariff ensuring transparent policies regarding subsidies, promotion of efficient and environ mentality, constitution of Central electricity authority, regulatory commissions and establishment of appellate tribunal and for matters connected therewith or incidental thereto.
The bill was introduced in the parliament on the 30th day of august 2000 after the deliberations of the standing committee sending the draft to all the states for seeking comments and suggestions and after considering the views, a final draft was passed on 9th April 2003.
The silent features of the electricity act 2003 are referred in this article which is very useful for all the consumers, who are linked up with the electricity for all sorts of guidance in day to day life.
Genesis of electric power; Invention of electricity is one of the most important in the process of development of mankind. The first electric power station to transmit electric power to the public was constructed during 1882, the transmission and distribution of electric power has taken different versions before it has reached the present stage. In the beginning the electric power had limited applications, the human needs and nature resulted in a large number of electricity applications for lighting of lamps, for driving cars, motors and for driving human hearts also, the electric power is used in one or other form. Electricity has become a part of life of man and one cannot just imagine what life could have been without electricity. Power is the backbone to any economy being an infrastructural requirement. Per capita consumption of electric power is taken as one of the parameters to measure the development of the economy. The present public sector monopolistic power generating industry to be restructured. The Ministry of power estimated 8% growth rate of electricity consumption per anum. India ranked at 8th place in the world in terms of total electricity generated in 1998, but because of large population consumption of electricity per capita was only 460KWH/per anum. The alarming situation compelled the Government of India for thinking seriously searching the ways and means to augment production and effective distribution of power to all sectors, in this process, the need for radical changes and liberalization in policies was thought of and this become necessary for passing new laws besides suitably consolidating and amending the existing laws relating to electricity.
____ Madiraju Madhusudhan Rao