The correct answer is Option 4 - 2003
The Electricity Act was established in 2003.
The Electricity Act of India was established in the year 2003. It is a comprehensive legislation that governs various aspects of the electricity sector in the country. The Act was enacted to promote competition, efficiency, and sustainability in the electricity industry, with the goal of ensuring reliable and affordable electricity supply to consumers. The Electricity Act, 2003, introduced several significant reforms in the electricity sector, including provisions related to generation, transmission, distribution, trading, and use of electricity. |