Terming the proposed amendment to the Electricity Act 2003, anti-people, Delhi Chief Minister Arvind Kejriwal said it would only benefit power firms and lead to a sharp hike in electricity bills of the consumers.

Kejriwal said the proposed amendment Bill would put an end to cross-subsidy, injecting a steep two-to-five times hike in the charges, and even the middle class, let alone the farmers and poor, would find it difficult to afford electricity.

Addressing a Press conference at his residence, Kejriwal said, “I will write to all the CM and personally meet those from the non-BJP-ruled States against the amendments. This move is aimed at benefitting the big power companies close to the Prime Minister.”

"The amendments also sought to initiate forward trading in the power sector. It would snatch away the power of the State Governments by bringing all the decision-making rights into the Centre's domain," he said, adding "Forward trading will mean the big people will gamble and the common people will have to bear the entire burden of generation, speculation, supply as well as the corruption of the power companies."

The AAP will launch a movement against the amendment bill so that its passage in the Rajya Sabha could be stopped, he added.

"We will go the people, telling them that (Prime Minister Narendra) Modiji is sold to the power companies," Kejriwal said.

Incidentally, the Central Government had sent the proposed amendments to the Electricity Act to the states for their feedback on September 7. "It planned to pass the bill in the coming Winter Session of Parliament, Kejriwal said.