Electricity Amendment Bill, 2022 brings several advantages for consumers, DISCOMs as well as the environment. Elaborate. Also, list out its shortcomings and suggest some measures to overcome them.

→ it reduces the losses made by DISCOMs, thus enabling them to lower their tariffs → it disincentivizes DISCOMs from resorting to load shedding, thus ensuring regular electricity supply to consumers.

ADVANTAGES FOR DISCOMs :-

→ The Bill aims to reduce aggregate, technical and commercial (AT&C) losses → Thus, it improves efficiency of DISCOMs → It provides a monetary incentive to those DISCOMs which reduce their AT&C losses. → It allows DISCOMs to purchase power from power generators under the Open Access regime.

ADVANTAGES FOR ENVIRONMENT:-

→ The Bill promotes the use of renewable power. → This will prevent global warming and climate change.

SHORTCOMINGS:-

→ It does not do away with cross-subsidisation system that exists in power sector. → Thus, industries still pay high tariffs. → Thermal power generators still do not have the technology to shift to renewables.

MEASURES NEEDED

→ Technology transfer for adoption of renewables.