Power reforms: NITI bats for promoting auctions, discoms privatisation, independent regulators


Power reforms: NITI bats for promoting auctions, discoms privatisation, independent regulators
Government think tank Niti Aayog in its strategy document Wednesday suggested for the power sector a plethora of reforms like promoting smart grids, auctioning of energy, privatisation of discoms, payment of subsidies by direct benefit transfer and introducing 100 per cent metering for electric supply, etc.The Aayog unveiled ‘Strategy for New India @75’ for New India, which defines clear objectives for 2022-23 in a detailed exposition of 41 crucial areas and suggests the way forward for achieving them.

It made a case for promoting smart grids and smart meters and also said that all Power purchase agreements (PPAs) including those with state generation companies (GENCOs) should be based on competitive bidding.

The Aayog also asked the government to introduce a capacity market to encourage flexible capacity for peak power demand and intermittency.  Read More

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