News APP

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  gplay

Home  » Business » Power industry wants clarification on treatment of MAT

Power industry wants clarification on treatment of MAT

February 22, 2007 20:46 IST
Get Rediff News in your Inbox:

With the coming of Electricity Act 2003, the power sector, which was highly regulated with lot of licensing requirements, is in the throes of a long awaited change.

The licensing requirements have been reduced, as the generation company will be free to enter distribution business and vice-a-versa. Currently private sector accounts for 10 per cent of the total power generation capacity. The remaining is divided between Center and the state owned companies in the ratio of 36:64.

Get Rediff News in your Inbox: