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Rediff.com  » Business » Power regulators to get full autonomy

Power regulators to get full autonomy

Source: PTI
November 23, 2004 20:12 IST
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Power Minister P M Sayeed on Tuesday assured full autonomy to electricity regulatory commissions and said he would talk to state governments for providing administrative and infrastructure support to the regulators.

Addressing a meeting of Central Electricity Regulatory Commission and 22 State Electricity Regulatory Commissions, Sayeed said the central government was committed to provide full autonomy to regulatory commissions so that they can operate on professional lines, a CERC release said.

During the meeting, several state regulators told Sayeed that state governments were not providing them the required administrative and infrastructure support. Assuring full support to the regulators for implementing electricity reforms, Sayeed said he would take up the matter with the respective state governments.

Sayeed also expressed concern on the weak position of State Electricity Boards and distribution companies and said regulators would have to perform executive functions and a development role to take the reforms process further, the release added.

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