India Readies A Slew Of Power Sector Reforms

India Readies A Slew Of Power Sector Reforms

The government has readied a raft of power sector reforms, including implementing the direct benefit transfer (DBT) scheme in the electricity sector for better targeting of subsidies, freeing renewable energy from licensing requirement for generation and supply, and promoting retail competition.

According to the draft amendments to the Electricity Act, 2003, which is available on the power ministry’s website, the government is trying to give consumers wider choice by promoting competition in the distribution sector and addressing contracting issues with medium- and long-term power purchase agreements.

The government has been pushing for separating the so-called carriage and content operations of existing power distribution companies, and electricity supply business. Read more

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