Consider the following statements: The Draft Electricity Bill, 2001 seeks to replace 1. Indian Electricity Act, 1910 2. Electricity (Supply) Act, 1948 3. Electricity Regulatory Commission Act, 1998 4. State Electricity Boards Which of these statements are correct?
- A1, 2 and 3Correct
- B2, 3 and 4
- C1, 2 and 4
- D1, 3 and 4
Explanation
The correct answer is A because the Electricity Bill 2001, which eventually became the Electricity Act 2003, was designed to consolidate and replace the existing legal framework governing the power sector. This framework consisted of three main legislative acts: the Indian Electricity Act 1910, the Electricity Supply Act 1948, and the Electricity Regulatory Commission Act 1998.
While the Bill introduced reforms that led to the unbundling and restructuring of State Electricity Boards into separate generation, transmission, and distribution companies, it did not replace the Boards as a legislative act. State Electricity Boards were entities created under the 1948 Act, not acts themselves. Therefore, statements 1, 2, and 3 refer to the specific laws being repealed and replaced, making A the correct option.
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