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Main Features of Electricity Act, 2003
Renovation and Modernisation

In order to bridge the gap between demand and supply, especially in the context of limited financial resources available, it has become imperative to look for other options which are not as capital intensive as new capacity addition and which could be implemented in a comparatively shorter time frame. In this regard, optimum utilisation of existing installed capacity in the country to maximise the generation through Renovation & Modernisation (R&M) of existing power plants is considered to be the most cost effective option
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Protection of Environment
Concerns relating to pollution and the disposal of the large amount of ash from coal based power stations, which are the mainstay of India’s power generation are being addressed through strategies to promote environmentally sustainable power development.
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