One of the new additions, among a dozen, to the draft Electricity Bill, 2020 by the Centre is the proposal to set up a new body to enforce and oversee contracts in the power sector.
The Electricity Contract Enforcement Authority (ECEA) under Section 109 (A) of the Bill will be set up to resolve matters relating to the contracts of sale, purchase, and transmission of power between two or more parties.
The power ministry released the amendments made to the Electricity Act, 2003 last week, and invited public comments. While sector executives welcomed this new organisation, saying it will speed