Electricity Policy have redefined the roles of various stakeholders in the electricity industry. You will agree that the electricity industry needs to be turned into a commercially viable venture that is able to attract investments and deliver good quality products and services to the consumers. It is hoped that these Acts and Policies will facilitate the much needed reforms in the power sector in India and help it in overcoming its sickness and getting back on the right track.
The Central and State Governments play a key role in providing an enabling framework to the power sector reforms and restructuring as well as implementing the provisions of the Electricity Act, 2003. They have entered into Memoranda of Agreement to affirm their joint commitment for reforming the power sector in the respective states and to set out the reform measures.The states are the implementing agencies of these reforms with appropriate support from other stakeholders, viz., the Central Government, the Regulatory Bodies, the utilities and the consumers.
You need to understand the role of all these stakeholders in implementing the reforms, which is discussed in the beginning of the unit. We also discuss the legal and administrative requirements that the reforms place on power distribution utilities. Finally, we share the experiences of various stakeholders in the reforms process.
The Central and State Governments play a key role in providing an enabling framework to the power sector reforms and restructuring as well as implementing the provisions of the Electricity Act, 2003. They have entered into Memoranda of Agreement to affirm their joint commitment for reforming the power sector in the respective states and to set out the reform measures.The states are the implementing agencies of these reforms with appropriate support from other stakeholders, viz., the Central Government, the Regulatory Bodies, the utilities and the consumers.
You need to understand the role of all these stakeholders in implementing the reforms, which is discussed in the beginning of the unit. We also discuss the legal and administrative requirements that the reforms place on power distribution utilities. Finally, we share the experiences of various stakeholders in the reforms process.
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