Power Ministry has revised the draft of Electricity (Amendment ) Bill 2014 which seeks to privatize the power sector.
Electricity (Amendment) Bill 2014 was introduced in the Lok Sabha on December 19, 2014 and subsequently referred to Parliamentary Standing Committee on Energy. The panel gave its report in September, 2015. The revised bill is based on the recommendations of the committee and consultations with industrial houses.
Power sector employees and engineers concerns remains unresolved in Electricity (Amendment) bill 2018 as apparently none of the suggestions made by power sector engineers and employees have been included in the revised draft. 
This was stated by Padamjit Singh, Chief Patron of the All-India Power Engineers Federation (AIPEF), in an exclusive interview with The Political and Business Daily.
The points agreed by the then Power Minister Piyush Goyal related mainly that the amendment bill shall be a enabling provision in the act and shall not be mandatory for the States, no cherry picking will be allowed and all the supply licenses will have universal power supply obligation, there will be no compulsion to introduce private power distribution licenses and the states will have the option to go for all state owned power supply licensees. States will have to submit the roadmap in five years and there will not be any time limit to implement to roadmap.
The bill provides for more than one service operator to supply power to a consumer in one distribution area. The distribution licensee or supply licensee, as the case may be, shall have the obligation to supply 24x7 power to its consumers. He shall tie up long term/medium term power purchase agreements to meet the annual average demand of power of the area. The Regulatory Commission shall carry out a performance review every two years.
Consumption of electricity by the consumer shall be metered and charges shall be paid in accordance with the tariff determined by the regulatory Commission. In case the State Government proposes to provide any subsidy to any category of consumer, it shall be through Direct Benefit Transfer (DBT).
The cross subsidization of tariff of the consumers within the distribution area shall not exceed 20 percent and shall be progressively reduced and eliminated within three years. The Regulator shall determine the trajectory for reduction of cross subsidization of tariff. However, the fuel and power purchase price adjustment, including surcharge if any, which shall be permitted.
The Government will notify the national renewable energy policy and planned to support it by notifying policies and adopt measures for its promotion. This will include grant of fiscal and financial incentives and issuing trajectory for renewable purchase obligations. Introduction for the policy for harnessing solar and other RE sources for standalone system. No licensee will be required to setup a power plant from renewable sources.