On 10th June, 2003, the Electricity Act was notified by the Govt. of India.and nbsp This Act seeks to consolidate the laws relating to generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interest of consumers and supply of electricity to all areas, rationalization of electricity tariff ensuring transparent policies regarding subsidies, promotion of efficient and environmentally benign policies, constitution of Central Electricity Authority, Regulatory Commissions and establishment of Appellate Tribunal and for matters connected therewith or incidental thereto and nbsp The Act extends to the whole of India except the state of Jammu and Kashmir.
The Commission intends to promote competition, efficiency and economy in bulk power markets, improve the quality of supply, promote investments and advise government on the removal of institutional barriers to bridge the demand supply gap and thus foster the interests of consumers.
The mission of the Bureau of Energy Efficiency is to assist in developing policies and strategies with a thrust on self-regulation and market principles, within the overall framework of the Energy Conservation Act, 2001 with the primary objective of reducing energy intensity of the Indian economy. This will be achieved with active participation of all stakeholders, resulting in accelerated and sustained adoption of energy efficiency in all sectors.
The Ministry of New and Renewable Energy (MNRE) is the nodal Ministry of the Government of India for all matters relating to new and renewable energy. The broad aim of the Ministry is to develop and deploy new and renewable energy for supplementing the energy requirements of the country.
The Ministry of Power started functioning independently with effect from 2nd July, 1992. Earlier it was known as the Ministry of Energy sources. Electricity is a concurrent subject at Entry 38 in List III of the seventh Schedule of the Constitution of India. The Ministry of Power is primarily responsible for the development of electrical energy in the country.
Central Electricity Authority (CEA) is a statutory body constituted under the erstwhile electricity (Supply) act, 1948, hereinafter replaced by the electricity act 2003, where similar provisions exists, the office of the CEA is an attached office of the ministry of power. The CEA is responsible for the technical coordination and supervision of programmes and is also entrusted with a number of statutory functions.
MDL, a closely held company, was incorporated as MDL Construction Pvt. Ltd. in New Delhi under the Indian Companies Act, 1956 on 13th Nov 2000 (Company Registration No.108494) and renamed as MDL Energy Pvt. Ltd. on 27th February 2006. The focus of company has been infrastructure development where it has executed road and water pipe line projects before it entered the energy (oil and gas) sector in 2004. In late 2007, MDL embarked on an expansion program through offshore construction assets acquisition and new buildings. It has successfully commissioned in early 2010 its first vessel DLB Quippo Prakash a state-of-the-art Derrick Pipe Lay Barge with accommodation for 300 and a heavy lift crane of 2000MT. The DLB is presently deployed on long term charter with a Malaysian conglomerate in oil and gas construction sector.