Revamping the power sector

Abstract

The paper examines the issues prevalent in the power sector in the country. Further, it looks at the whole industry from generation to distribution to the consumers’ doorsteps. The paper briefly discusses the evolution of the power sector from Independence till present, including all major legislations till date. The paper analyses the commitment of the government and the various utility companies towards the goal of bridging the ever-growing power supply gap of the country. The paper then proposes three thrust areas for future investment: Smart-Grids, Energy Efficiency Initiatives and Differential Pricing with a brief description of potential challenges in their implementation. Finally, the paper concludes with some broad policy recommendations for the government to address problems in the power supply value chain.