India Plans Legal Route For Power Sector Reforms

India Plans Legal Route For Power Sector Reforms

After launching the Pradhan Mantri Sahaj Bijli Har Ghar Yojana for universalizing electricity access, the National Democratic Alliance (NDA) government is readying a raft of power sector structural reforms including legal provisions to drive electricity demand, promoting retail competition and tariff slab rationalization to drive manufacturing.

Speaking at the launch of the scheme on Monday evening, India’s newly appointed power and new and renewable energy minister Raj Kumar Singh said that going forward his ministry is readying a scheme to provide 24X7 reliable electricity.

Singh said the scheme that will ensure fines for a distribution firm for not supplying electricity will be taken to the prime minister for his approval. Read More…

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