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Electricity Amendment Bill To Be Introduced In The Parliament

electricity amendment bill to be passed in the parliament
The Electricity Amendment Bill, cleared by the Union Cabinet last Wednesday, enables competition in the retail distribution of power by allowing the use of other distribution licensee networks.

Mumbai: The Electricity Amendment Bill, due to be presented in the Parliament on Monday, it proposes sweeping changes to the weakest link in the electricity distribution sector, enabling competition, enhancing the security of payments, and giving more power to regulatory commissions.

The bill, passed by the Union cabinet last Wednesday, allows competition in retail electricity distribution by allowing the use of the network of other distribution concessionaires. Even if a regulatory commission fails to decide whether or not to grant the distribution.

The bill also provides for minimum price caps to avoid predatory prices charged by energy suppliers and a maximum price to protect consumers.
The bill also proposes to allow load-sharing centers to stop supplying electricity to utilities that do not maintain adequate bank guarantees in favor of the power plants to which they are connected.

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This decision aims to solve the recurring problem of distribution companies not paying  production companies.

The amendment to the Electricity Act proposes to address the laxity of national electricity regulatory  committees in setting adequate tariffs and allowing for timely reviews. The bill stipulates that regulators must initiate an on-the-go tariff procedure in the event that distribution companies do not submit petitions. The bill contains provisions on the dismissal of the members of the supervisory committees in the event of an intentional violation of the legal provisions.

The bill proposes to extend the powers of the civil court to regulatory committees, meaning they can seize property and order property to carry out orders.

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Sanjay Rautโ€™s Wife Varsha Raut To Be Questioned By ED In The Patra Chawl Case

Sakeena Sayyed
ED questions Sanjay Raut's wifeVarsha Raut
The name of Sanjay Rautโ€™s wife Varsha Raut has also come up in the Patra Chawl land scam case, she is to be questioned by ED.

Mumbai:  The Enforcement Directorate (ED) has also clamped down on Varsha Raut, wife of Shiv Sena MP Sanjay Raut. ED officials will interrogate her today in EDโ€™s office in Mumbai around 11 am today. Earlier, the officers had summoned him.

The name of Varsha Raut has also come up in the Patra Chawl land scam case. Financial irregularities were revealed in the redevelopment of Patra Chawl in Goregaon, Mumbai. Sanjay Raut is also in ED custody till August 8 in the same related money laundering case. Varsha Raut and the other accused in the case can be confronted with Sanjay Raut at the ED office in Ballard, Mumbai. The ED has questioned Varsha Raut several times in the past as well.

As per reports, evidence for the purchase of property in the name of Varsha and Swapna Patkar have been found. 10 land parcels have been purchased with a total of 36.86 square meters.  The ED had told the court that more than Rs 1 crore deposited through alleged financial misappropriation had been received in the Sanjay Raut and his familyโ€™s housing redevelopment project. On this, Sanjay Raut denied the allegation against him and termed the ED case as fake.

In April, the ED had temporarily attached assets worth Rs 9 crore of Sanjay Rautโ€™s aide Praveen Raut and Rs 2 crore of Varsha Raut. Praveen Raut has also been arrested in the case. In Alibaug, Praveen has eight plots and a flat in the name of Varsha, which has been attached.

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