A Research on the Issue of License under the Electricity Act, 2003

Abstract

In the current modernised world of technology, the power of electricity is considered to be the source of life and is to be the blood of life. Miracles of science and technology are the resultant of the power of electricity. Given its importance of it, law ought to be created to regulate and delegate its functional responsibilities to separately formed department to ensure that the source of life in the 21st century is free from inefficient and incompetence of the members. The Parliament of India after rounds of discussion formed the Electricity Act in the year of 2003 to form and regulate the generation, licensing, distribution and billing of electricity consumed by consumers all over India, including the individual and Corporate Offices. The Act the parliament gave to the public ensured in its due course that electric energy is utilised efficiently in through the National Electricity Policy And Plan with the allocated segments of tariff policies in the lines of optimum utilisation of resources. Moreover the said act issues license to companies for the purpose of generating electricity, directions to maintain electric grid from the place of production of electricity to the consumers and few specific company which may operate without the required license. The said act also penalises the failure to maintain the regular supply of electricity, of maintaining electric grid and operating without the required license. With all being said, The Electricity Act is one of its kinds, making it a regulating legislation to overlook and govern the functionality of the electric supply in India.