New Delhi, April 7: The Federation of Indian Chambers of Commerce and business (FICCI) Monday powerfully opposed the recent move by states to curb competition within the power sector and limit open access.
“FICCI powerfully opposes the recent move by states to curb competition within the power sector by invoking Section eleven of the Electricity Act, 2003 and proscribing open access,” the trade chamber aforesaid in a statement here.
“Instead of provisioning for sufficient electricity to satisfy shopper power demands, states have set to not pursue the spirit and provisions of the Act. Even when eleven years, the implementation of the Act continues to stay a challenge,” it added.
“Open access to the transmission and distribution network is the cornerstone of the Act, that was meant to unshackle the power sector by fostering competition, transparency, potency for the ultimate sensible of the buyer yet as the sector”, said A. Didar Singh, Secretary General, FICCI.
