ICICI Securities: Power Sector - Setting The Stage

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Ministry of Power has released two important drafts which are expected to play a positive role in the ministry’s efforts to find a long-term solution addressing power sector’s concerns.The first – Draft Electricity (Rights of Consumers) Rules, 2020 is aimed at -Empowering consumers under Electricity Act, 2003 to demand 24x7 power;Ensuring compensation from distribution licensee (DL) in case of non-performance/under-performance;Providing rules for facilitating/improving services including connection, metering, billing, grievance redressal and call centre facilities;Providing rules for standardising DL performance consumers as prosumers.The second draft standard bidding documents (SBD) for privatisation of DLs is aimed at accelerating private sector participation in distribution utilities by -Standardising bid procedures, timelines and documentation requirement;Providing two shareholding alternatives, bid parameters etc;Providing a clean balance sheet to DL acquirer andProviding transition support wherever required..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Securities: Power Sector - Setting The Stage

ICICI Securities: Power Sector - Setting The Stage

Choose a plan