Electricity Sector in India

Description

Adequacy of electricity supply in an economy is imperative to fuel its growth. This calls for appropriate legislation, regulation, and effective implementation. This book is among the first to present a comprehensive and critical discourse on developments in the power sector since the enactment of the landmark Electricity Act of 2003. Covering a wide canvas, the book provides a historical perspective on power reforms, the paradigm shift with the enactment of new law, the various developments based on policy and regulatory changes, significant judicial pronouncements, and the need for second-generation reforms. The authors point out the gaps which exist between the vision of reforms and its implementation by policymakers, regulators, and various stakeholders in the sector. Tracing the reasons behind slowdown at the policymaking and regulatory levels, they recommend possible courses of action for meeting future challenges.