The All India Power Engineers Federation (AIPEF) on Wednesday said it has urged Prime Minister Narendra Modi to consult all stakeholders on Electricity (Amendment) Bill 2021. "The proposed changes in the Act 2003 have far-reaching changes and leaving the major stakeholders out of consultation is really shocking. The whole exercise to rush through Electricity (Amendment) Bill 2021 is thus nontransparent, undem...
It has been reported in some newspapers that Ministry of Power has sent the Electricity (Amendment) Bill 2021 to the Law Ministry for vetting. It is also reported that the Ministry of Power intends to introduce and pass the Bill in the ongoing budget session of Parliament. 2. The All India Power Engineers Federation (AIPEF) wants to draw your kind attention towards the fact that the...
Please refer Ministry of Power office memorandum 42/2/2020-RE (E-252790) dated 10th June 2020 whereby a high level steering committee was constituted under Chairmanship of Secretary (Power) Govt. of India “to guide and steer the initiative of privatisation of power departments/ utilities in union territories”. The terms of reference included i) To guide the admin...
Financial Express printed the interview with Sh. R.K. Singh Minster of Power on 08/3/2021 (copy at Annexure) some points of the interview (statements of Sh. R.K. Singh) are examined as under. 1. In earlier discussion / meeting of All India Power Engineers' Federation with Minster of Power (Sh. R.K. Singh), AIPEF had expressed its objections that while Govt. of In...
All India Power Engineers Federation (AIPEF) representatives on Friday opposed privatisation of banks and the power sector and extended support to bank employees for their two days strike on March 15 and 16. VK Gupta spokesperson of AIPEF said that there is no evidence that the government’s stated policy is to hand over public assets to the private sector would bring a greater degree o...
The present Government’s stated policy is to hand over public assets to the private sector even though there is no evidence that such a shift would bring a greater degree of efficiency and financial gains to the public. Evidence available suggests the opposite. “in September 2018, the Reserve Bank of India (RBI) has said. ... Bad loans of the energy sector spurted from just Rs 46,627 crore in Septem...
All India Power Engineers Federation along with 24 Federations of unions, unions, associations of workers of different sectors, and people’s organizations have supported the Bank Unions Call for two days strike on March 15 and 16 against the government's plan to privatize public sector banks. They said that privatization of public sector banks is an anti-worker, anti-p people, and ...
Grants under Rs 3.1-lakh-cr scheme to become loans if targets are unmet, Bill to allow multiple discoms in same area in current session Also, to prevent new players from cherry-picking lucrative supply circles, the states will have to create a ‘cross-subsidy fund’ so that discoms do not get undue advantages owing to higher composition of industrial and commercial consumers in their respective areas, Si...
On behalf of AIPEF Er A K Jain had sought information about the status of draft Electricity (Amendment) Bill 2020 and draft Electricity (Amendment) Bill 2021 on 08 February 2021. Information sought included current status of draft Electricity (Amendment) Bill 2020 , information about discard of Electricity (Amendment) Bill 2020 , current status of draft Electricity (Amendment) Bill 2021, lin...
Torrent Power on Thursday said Bombay High Court has suspended the tender process for privatisation of a power distribution company in Dadar & Nagar Haveli and Daman & Diu. In February, Torrent Power had emerged as the highest bidder in the tender for power distribution in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. "Torrent Power Ltd ha...