KOLKATA: The Electricity (Amendment) Bill 2022, if passed, will lead to “healthy and ethical competition” in the industry, said DVC chairman Ram Naresh Singh at an MCCI interactive session last week.
Under the proposed Electricity (Amendment) Bill 2022, the Central government envisages to bring in the principle of open access by allowing consumers the right to choose their electricity provider, regardless of who controls the physical infrastructure. According to Singh, this would lead to the development of a consumer-driven market. “I hope the Bill is passed in Parliament. It will put an end to monopoly of suppliers. There has to be a healthy and ethical competition,” Singh added. DVC, which plans to enhance its presence in the T&D (transmission and distribution) infrastructure. The utility, which has so far been focusing on industrial users, is looking to attract residential consumers within its command area moving forward.
Due to upcoming demand and expected consumer growth, DVC is developing distribution network at the level of 11 kV as well. It has set up a dedicated distribution wing for developing 11 kV infrastructure.
DVC plans to invest Rs 1007 crore by 2025 to develop 11 kV infrastructure at 39 locations, the company had said at a recent press conference.
Source: TNN
