AP Chambers welcomes proposed energy sector reforms
POWER & RENEWABLE ENERGY

AP Chambers welcomes proposed energy sector reforms

Welcoming the reforms in the energy sector, AP Chambers of Commerce and Industry Federation (AP Chambers) observed that the new provisions in the proposed Electricity (Amendment) Rules 2022 will remove public as well as private monopolies in the power distribution sector.

The competition in the power distribution sector will certainly improve the quality of services and also lead to price competition which is undoubtedly advantageous to face global competition in terms of boosting exports.

The Chambers said that the cost of the service is not followed by discoms at present as per CERC guidelines, which had led to abnormal tariff hikes in the recent past.

Reforms in the power sector are inevitable at this juncture to provide good service to the consumers. The Chambers submitted a representation to the minister for power Raj Kumar Singh on the draft Electricity (Amendments) Rules, 2022. AP Chambers observed that electricity is an essential item for every individual and its utility is one of the parameters for the economy.

Welcoming the reforms in the energy sector, AP Chambers of Commerce and Industry Federation (AP Chambers) observed that the new provisions in the proposed Electricity (Amendment) Rules 2022 will remove public as well as private monopolies in the power distribution sector. The competition in the power distribution sector will certainly improve the quality of services and also lead to price competition which is undoubtedly advantageous to face global competition in terms of boosting exports. The Chambers said that the cost of the service is not followed by discoms at present as per CERC guidelines, which had led to abnormal tariff hikes in the recent past. Reforms in the power sector are inevitable at this juncture to provide good service to the consumers. The Chambers submitted a representation to the minister for power Raj Kumar Singh on the draft Electricity (Amendments) Rules, 2022. AP Chambers observed that electricity is an essential item for every individual and its utility is one of the parameters for the economy.

Next Story
Infrastructure Energy

South West Pinnacle Wins Rs 30 Cr Oman Mining Contract

South West Pinnacle Exploration Ltd has secured a Rs 30 crore contract from Minerals Development Oman (MDO) for mining exploration in concession areas 12B and 13.The two-year project will be carried out via Alara Resources LLC, a JV in Oman. MDO, backed by Oman’s investment authorities, focuses on monetising mineral wealth.The contract covers copper, gold, and chromite and highlights South West Pinnacle’s growing footprint in international exploration and mining services. ..

Next Story
Equipment

Godrej GEG Boosts Intralogistics with AI and Green Tech

Godrej Enterprises Group (GEG) is revolutionising warehouse and factory logistics through its Material Handling Equipment and Storage Solutions arms by integrating AI, IoT, and automation.With 20–25% market share and 85% local sourcing, GEG champions Atmanirbhar Bharat and sustainability. The Chennai plant, a green manufacturing leader, uses RoHS-compliant materials and has slashed energy consumption by 60%.GEG serves e-commerce, FMCG, retail, and cold chains with high-performance racking and electric forklifts. Upcoming IoT-enabled forklifts and telematics solutions aim to improve speed, sa..

Next Story
Infrastructure Urban

Amit Shah Inaugurates Key Projects Across Gujarat

Union Home Minister Amit Shah inaugurated and laid the foundation stone for various projects in Gujarat’s Panchmahal district and Ahmedabad.In Godhra, he inaugurated the Center of Excellence building, sports complex, reservoir, and Miyawaki plantation. In Ahmedabad, he unveiled a new cooperative complex in Adaroda village and a primary school in Juwal.These projects, under the Model Co-op Village scheme, aim to boost education, sustainability, and rural development across the state. ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?