ELECTRICITY HISTORY 1910-1948-1991-2003 (Financial Commodity can be traded in Power Exchanges)

[@34nityanshrigarg68]

Thank you for this video sir was looking for this since a very long time the way you explained this it is very convenient for students to understand

[@TILANevedita]

1) Following Thomas Alva Edison's creation of the electric light in 1879, New York was the first city to be electrified, followed by London in 1891. The third city was Calcutta. Comprehensive legislation remained a distant dream. Since the passage of the Electricity Act of 2010, anyone wishing to engage in business in the electricity sector must obtain a licence from the provincial government. The most significant watershed years that led to significant changes in the power sector were 1910, 1948 (electricity supply legislation), 1991 liberalisation and private power companies), and 2003 (electricity act). 2) In 1910, obtaining a licence from the provincial government was required in order to generate electricity. Priority was given to reforming the power sector in 1948, and two different delegations were sent to the US and the UK to research the best practises there. In the UK, the UK electricity provider act 1948 was in place and working effectively. In the US, the Tennessee Valley Authority was established in a region that was prone to flooding so that it could be used for economic purposes and to produce energy. Instead of waiting for the constitution to be created, they passed the 1948 Electricity Supply Act, which was modelled after the 1946 UK Electricity Supplier Act. The Tennessee Value Authority Act of 1933 of the United States served as the foundation for the Damodar Valley Supply Act of 1948.2) The State Electricity Board, which negotiated rates between the generating business and the DISCOM organisation, and the Central Electricity Authority, which handled complaints between parties, were both established. 4) The electrification effort was significantly funded by all the states. However, electrification received more attention than just electricity production, which resulted in more load shedding.Due to the realisation of this problem, two large-scale public sector endeavour projects were created. The National Thermal Power Corporation is one, and the National Hydro Power Corporation is the other. 5) Kuwait and Iraq were involved in the Gulf War. India received a significant amount of oil from Kuwait. Given the urgent circumstances at the time, the price of oil tripled. Additionally, the Soviet Union, which provided the most for an exchange game in India, was integrated, which caused a financial crisis. 6) The World bank was approached, being asked for a bail out which was agreed to be given in contingence to reformation in 5 sectors one of the major sectors being the power sector. This was intercepted with the issue in generation of aluminium. BharatAluminiumm Corporation Limited (BACL) was directed to produce world class aluminumm. But 70% of the aluminium generator was through power which was very scarce. They requested the government to let them install a captive generative plant. Once they were allowed, the plant needed additional facilities like transmission line when the reference point of generation of electricity was too far from the destination. This led to incentivization of generation of electricity through kept power plants. 7) Finally, in 2003, the electricity laws was amended to include the facilities, and the production of power was delicensed. This meant that more people would be able to form their own businesses, enter the electrical industry, and oppose the goal of distributing power evenly to everyone.

[@ShakshiGupta25]

The evolution of the Electricity Act unfolds across pivotal milestones: In 1910, the Indian Electricity Act was inaugurated, marking a foundational step in the regulation of electricity generation, transmission, and distribution. 1948 witnessed an amendment to the act, a response to the evolving needs of the electricity sector, adapting its provisions to the changing landscape. The year 1991 brought forth the Electricity Regulatory Commissions Act, establishing regulatory bodies at both central and state levels, shaping a more structured governance framework. Finally, in 2003, the Electricity Act underwent a transformative shift with the introduction of the Electricity Act, 2003. This enactment not only replaced the Indian Electricity Act of 1910 but also laid the groundwork for a comprehensive and contemporary framework, steering the development of the electricity sector into a new era.

[@aditiverma2258]

The most recent Bill regarding electricity is the Electricity (Amendment) Bill, 2021 that has been introduced in the session. The Union Government’s aim to provide “power for all” has increased power generation speed, specifically renewable energy, which currently has an installed capacity of approximately 95 GW and is targeted to reach 175 GW by 2022 and 450 GW by 2030.

[@jayadubey3162]

The Electricity Act of 2003 is a significant legislation in India that brought about major reforms in the electricity sector. It aimed to promote competition, efficiency, and transparency in the generation, transmission, distribution, and trading of electricity. The act introduced provisions for open access, captive power generation, and the establishment of regulatory commissions at the central and state levels. It also emphasized the importance of renewable energy and encouraged the development of renewable power projects. Overall, the Electricity Act of 2003 played a crucial role in shaping the modern electricity sector in India.

[@mansimishra5944]

The history of the Electricity Act is as follows: - 1910: Indian Electricity Act, 1910 was enacted to regulate the generation, transmission, and distribution of electricity. - 1948: The act was amended in 1948 to address the changing needs of the electricity sector. - 1991: The Electricity Regulatory Commissions Act, 1998 was enacted to establish regulatory commissions at the central and state levels. - 2003: The Electricity Act, 2003 was introduced to replace the Indian Electricity Act, 1910, and to provide a comprehensive framework for the development of the electricity sector.

[@aditiverma2258]

In India, the primary legislation governing electricity (including renewable energy (RE)) is the Electricity Act 2003 (EA 2003). The power to legislate on matters concerning electricity is shared between the central government and the state governments .However, in case of inconsistency between the two, central legislation will prevail over state legislation.

[@aditiverma2258]

The government of India has provided the Electricity Act, 2003 along with certain commissions, which make sure to regulate the Act.

[@bapunmishra5086]

Full video please

[@energydialoguewithrajsingh5063]

Sure 👍 Mishra ji

[@nandiniravishankar5301]

History of electricity laws in India: 1) In 1879 post invention of the electric bulb by Thomas Alva Edison first place to be electrified was New York followed by London in 1891. Third city in line was Calcutta. Comprehensive legislation was still a Far Cry. Electricity act 2010 came in people wanting to do activity in electricity sector need to take license from the provincial government. The years of 1910, 1948 (electricity supply act) and 1991 (liberalization and private power companies), 2003 (electricity act) form the most Landmark watershed years creating big movements in power sector. 2) (i)1910- if one wanted to generate electricity one needed to take license from provincial Government and generate power in 1910. (ii)1948- priority was reform in the power sector ascending to separate delegations to the US and the UK to study the best practices in these countries. In the UK they had the UK electricity supplier act 1948 functioning very well in the US they sawna Tennessee Valley Authority in flood prone area to make it available economy and generate electricity out of it so an act of 1933 . They did not wait for constitution to be made but they pass the electricity supply act 1948 based on the UK electricity supplier act 1946. The Damodar Valley supply act 1948 was based on the Tennessee value authority act 1933 of the United States. 3) Two authorities were created which included the central electricity authority which was for resolving interested disputes and State Electricity Board for negotiating tariffs between the generating company and the DISCOM entity. 4) All the states invested heavily in the electrification process. However, more thanthe generation of electricity importance was given to electrification leading to more load shedding .Realizing this issue two public sector undertaking projects for building large projects were curated. One being the National Thermal Power Corporation and the other being National hydro power corporation. 5) There was a Gulf War in Kuwait and Iraq. India was an important maximum quantity of oil from Kuwait. Given the pressing situation at that time the price of the oil rose by three times. In addition to this the Soviet Union from which maximum for an exchange game in to India got this integrated leading to financial crisis. 6) The World bank was approached, being asked for a bail out which was agreed to be given in contingence to reformation in 5 sectors one of the major sectors being the power sector. This was intercepted with the issue in generation of aluminium. BharatAluminiumm Corporation Limited (BACL) was directed to produce world class aluminumm. But 70% of the aluminium generator was through power which was very scarce. They requested the government to let them install a captive generative plant. Once they were allowed, the plant needed additional facilities like transmission line when the reference point of generation of electricity was too far from the destination. This led to incentivization of generation of electricity through kept power plants. 7) ultimately in 2003 the facilities were articulated in the electricity act and the generation of electricity was De-licenced. This meant more people could enter the electricity sector start Entrepreneurship and stand up to the objective of universal distribution of power.

[@SRKSTORIES]

very information video sir....Sir what is the procedure if any firm or company wants to take license to work in electricity sector..please make a video upon it..and if available then do share link.

[@photography_by_Utkarsh]

The history of the Electricity Act in India can be traced back to the early 20th century. Here is a brief overview of the major milestones in the development of the Electricity Act: 1910: The Indian Electricity Act, 1910 was enacted to regulate the supply, transmission, and use of electricity in British India. The Act provided for the licensing of generating companies, the inspection of electrical installations, and the establishment of an Electricity Commission. 1948: The Electricity (Supply) Act, 1948 was passed to provide for the development of the electricity industry in India. The Act provided for the centralization of power development and the establishment of the Central Electricity Authority. 1991: In the wake of economic liberalization in India, the Electricity Regulatory Commissions Act, 1998 was enacted to provide for the establishment of state electricity regulatory commissions and the central electricity regulatory commission. The objective of the Act was to promote competition, efficiency, and transparency in the power sector. 2003: The Electricity Act, 2003 was enacted to replace the Electricity Supply Act, 1948. The Act aimed to create a competitive electricity market, promote private investment in the power sector, and provide for the unbundling of the vertically integrated state electricity boards. The Act also introduced provisions for open access, captive generation, and renewable energy promotion. Overall, the evolution of the Electricity Act in India has been driven by the need to modernize the power sector, promote competition, and encourage private sector participation. The Electricity Act, 2003 remains the cornerstone of the legal framework governing the power sector in India.

[@bindiyarana3236]

इलेक्ट्रिसिटी एक्ट का सबसे महत्वपूर्ण मामला एनर्जी वॉचडॉग बनाम सेंट्रल इलेक्ट्रिसिटी रेगुलेटरी कमीशन (2012) है।

[@rishikaahanda2590]

The power sector is critical to the prosperity and well-being of a country. A solid power infrastructure is critical for India's economy to flourish. The goal is to ensure that everyone can afford electricity in the long run. The Indian electrical sector has expanded dramatically to give a diverse range of opportunities across the value chain, in both regulated and unregulated firms. Many states have established renewable energy objectives and particular policies for solar, wind, and wind-solar hybrids, including tax breaks and other incentives. The latest act ushers in a new era of transparency in subsidy administration by requiring state commissions to provide quarterly reports on subsidy-related data. This rule intends to increase transparency in subsidy distribution, benefiting both customers and the government.

[@aditiverma2258]

HISTORY OF ENERGY LAWS IN U.S.A : The law of conservation of energy says that energy is neither created nor destroyed. Energy changes from one form of energy into another form of energy. Primary energy sources includes Fossil Fuels (petroleum, Natural gas and coal) Nuclear and Renewable sources of Energy. Early regulation began with the Federal Power Act of 1920, which created the Federal Power Commission. Amended in 1935, and 1986, the Federal Power Act allowed a regulatory framework to develop. There are a number of laws that address renewable energy. With the creation of the Department of Energy in 1977, a national energy plan emerged for the first time. The stated purpose of federal energy laws and regulations is to provide affordable energy by sustaining competitive markets, while protecting the economic, environmental, and security interests of the United States. The Department of Energy's (DOE) overarching mission is to advance the national, economic, and energy security of the United States and to promote scientific and technological innovation in support of that mission; and to ensure the environmental cleanup of the national nuclear weapons complex. Energy Policy and Conservation Act (EPCA) of 1975: EPCA also requires the U.S. Department of Energy to publish and distribute an annual fuel economy guide for consumers The Energy Policy Act of 1992: It aims to reduce U.S. dependence on petroleum and improve air quality by addressing all aspects of energy supply and demand, including alternative fuels, renewable energy, and energy efficiency. The Energy Policy Act of 2005: The Energy Policy Act of 2005 (Public Law 109-58) is a statute which was passed by the United States Congress on July 29, 2005 and signed into law on August 8, 2005. The Act provides tax incentives and loan guarantees for energy production of various types. The Energy Policy Act (EPA) addresses energy production in the United States, including: (1) energy efficiency; (2) renewable energy; (3) oil and gas; (4) coal; (5) Tribal energy; (6) nuclear matters and security; (7) vehicles and motor fuels, including ethanol; (8) hydrogen; (9) electricity; (10) energy tax incentives. EPAct 2005 also amends existing regulations, including fuel economy testing procedures. Energy Independence and Security Act of 2007: It aims to improve vehicle fuel economy and reduce U.S. dependence on petroleum. EISA includes provisions to increase the supply of renewable alternative fuel sources by setting a mandatory Renewable Fuel Standard. The law is projected to reduce greenhouse gas emissions by 9% by 2030. Inflation Reduction Act, 2022: The act supports a variety of alternative fuel vehicle (AFV) and infrastructure technologies through tax credits, grant programs, and loan programs. Objectives of the Act: -It lower energy costs by 500 to 1000 USD per annum -It increase investments in climate to reduce carbon emissions by 40% by 2030.

[@SRKSTORIES]

In 1985, NTPC was converted from a private limited company into a public limited company.Subsequently, the name of Company was changed to its present name NTPC Limited...does power policies of 1991 effect National power corporations also??

[@dimpalshelly.]

How can I remember all 185sections of electricity act is there any trick or song or shortcuts to remember

[@energydialoguewithrajsingh5063]

Dimple ji That’s a Excellent 👌 Question. May I know why you want your remember all the 185 Sections? Also can you give your suggestion. Will it be useful to you if we make a section wise video and upload.

[@AnjuSahu-di4so]

Aaplog ko hindi maulm nhi hai

[@energydialoguewithrajsingh5063]

Some videos are in Hindi History of the Transmission Line in India, the Largest Machine kzbin.info/www/bejne/a3_LhGOXpr2epMU