This refers to ‘Time to unshackle power distribution’ (November 2). The article is timely given the recent coal supply crisis in the country. The coming Electricity (Amendment) Bill 2021 could breathe fresh air into the power distribution sector. State/private monopolies must give way for more efficient and customer-centric power distribution. Indiscriminate giveaways and doles of free power may now be checked by Direct Benefit Transfer to only deserving sections. Prohibitively high tariffs for industrial consumers to cross-subsidise undeserving subsidies must go.
The freedom to choose a distributor is a crucial part of the proposed new Bill. Such choice must also be dynamic. As in mobile phone prepaid services, the consumer must be able to buy his/her requirement from any operator by paying upfront and change the source at will. These will help power the nation to a $5 trillion economy.
Along expected lines, India took a decision to defer its commitment to net-zero carbon emission by 2070 at the UN climate summit at Glasgow. However, true to its standing as a responsible nation with global ambitions, the country had pledged to a one-billion tonne reduction in its total projected emissions from now until 2030 along with concerted steps to ensure 50 per cent electricity generation comes from renewable energy sources .
No doubt, it marks a momentous step-up in the country’s existing climate targets. While it is not a direct emission target, the reduction marks a…