The government has decided to extend the deadline for unbundling of state electricity boards by six months beyond June 9, 2005. | |||||||||||||||
The decision was taken today, after a meeting between Power Minister PM Sayeed and Left leaders AB Bardhan and E Balanandan. | |||||||||||||||
The minister met the leaders and some trade union members in a bid to avert a nationwide strike called by the electricity unions on May 31, said an official press release. | |||||||||||||||
On the review process for the Electricity Act, 2003, the Centre had said suitable steps would be taken to address concerns regarding elimination of cross-subsidies, even though in its own opinion, the issue had been adequately addressed in the Electricity Policy. | |||||||||||||||
The government would also take care of the concerns regarding the misconceptions about the creation of an urban-rural divide in the Act, the release said. | |||||||||||||||
After today's discussion, it was decided that the date for unbundling of the state electricity boards will be extended, while the government would continue the process of review of provisions related to reorganisation and restructuring of state electricity boards in the Electricity Act, 2003, based on the status and impact of its implementation, it added. | |||||||||||||||
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