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Future of Indian Power Sector Reforms: Electricity Amendment Bill 2014

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  • Agrawal, Atul
  • Kumar, Anil
  • Rao, T. Joji

Abstract

India had its first act on Power Sector in 1910. Till 1991, lack of significant structural changes and achievements has labeled these 80 years as nascent stage for Indian Power Sector. In 1991, various reforms were initiated by the Government to deal with the shortage of power and to attract private investment. Though further reforms initiated by Electricity Act 2003 attempted to address many issues of the Indian power sector; losses and bad financial health of distribution sector is still an area of concern. To manage the distribution segment in more efficient way there is a need of third generation reforms. This paper critically evaluates the salient features of Electricity Act 2003, present scenario of Indian Power Sector with special emphasis on distribution losses and the concern areas which are plaguing the sector. The review also foresees the role of Electricity Amendment Bill 2014 in the introduction of retail in India by separating distribution business from supply business.

Suggested Citation

  • Agrawal, Atul & Kumar, Anil & Rao, T. Joji, 2017. "Future of Indian Power Sector Reforms: Electricity Amendment Bill 2014," Energy Policy, Elsevier, vol. 107(C), pages 491-497.
  • Handle: RePEc:eee:enepol:v:107:y:2017:i:c:p:491-497
    DOI: 10.1016/j.enpol.2017.04.050
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    References listed on IDEAS

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    1. Mani Khurana & Sudeshna Ghosh Banerjee, 2015. "Beyond Crisis : The Financial Performance of India's Power Sector," World Bank Publications - Books, The World Bank Group, number 20527.
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    1. Abdullah, Fahad Bin & Arsalan Aqeeq, Muhammad & Iqbal, Rizwan & Abdullah, Maria & Memon, Falak Shad, 2024. "Enhancing electricity distribution efficiency in Pakistan: A framework for progress and action," Utilities Policy, Elsevier, vol. 88(C).
    2. Agrawal, Atul, 2022. "Real Time Market (RTM) at Indian power exchanges: Need, short term assessment and opportunities," Energy Policy, Elsevier, vol. 162(C).
    3. Sarangi, Gopal K. & Pradhan, Abhilas Kumar & Taghizadeh-Hesary, Farhad, 2021. "Performance assessment of state-owned electricity distribution utilities in India," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 516-531.
    4. Patyal, Vishal Singh & Kumar, Ravi & Lamba, Kuldeep & Maheshwari, Sunil, 2023. "Performance evaluation of Indian electricity distribution companies: An integrated DEA-IRP-TOPSIS approach," Energy Economics, Elsevier, vol. 124(C).
    5. Alasseri, Rajeev & Rao, T. Joji & Sreekanth, K.J., 2020. "Institution of incentive-based demand response programs and prospective policy assessments for a subsidized electricity market," Renewable and Sustainable Energy Reviews, Elsevier, vol. 117(C).
    6. Saraswat, S.K. & Digalwar, Abhijeet K., 2021. "Evaluation of energy alternatives for sustainable development of energy sector in India: An integrated Shannon’s entropy fuzzy multi-criteria decision approach," Renewable Energy, Elsevier, vol. 171(C), pages 58-74.
    7. Jain, Sourabh & Jain, Nikunj Kumar, 2020. "Cost of electricity banking under open-access arrangement: A case of solar electricity in India," Renewable Energy, Elsevier, vol. 146(C), pages 776-788.
    8. Kumar, Shashwat, 2022. "Taking root: Independent Regulatory Agency model of regulation in Indian electricity sector," Energy Policy, Elsevier, vol. 164(C).
    9. Ghosh, Santosh & Yadav, Vinod Kumar & Mukherjee, Vivekananda & Gupta, Shubham, 2021. "Three decades of Indian power-sector reform:A critical assessment," Utilities Policy, Elsevier, vol. 68(C).
    10. Agrawal, Atul & Tripathi, Gireesh Chandra, 2019. "Amendments in Electricity Act 2003: Where the Gap Lies?," Energy Policy, Elsevier, vol. 132(C), pages 797-802.
    11. Fahad Bin Abdullah & Rizwan Iqbal & Falak Shad Memon & Sadique Ahmad & Mohammed A. El-Affendi, 2023. "Advancing Sustainability in the Power Distribution Industry: An Integrated Framework Analysis," Sustainability, MDPI, vol. 15(10), pages 1-28, May.
    12. Saraswat, S.K. & Digalwar, Abhijeet K. & Yadav, S.S. & Kumar, Gaurav, 2021. "MCDM and GIS based modelling technique for assessment of solar and wind farm locations in India," Renewable Energy, Elsevier, vol. 169(C), pages 865-884.
    13. Verma, Mandhir Kumar & Mukherjee, V. & Kumar Yadav, Vinod & Ghosh, Santosh, 2020. "Indian power distribution sector reforms: A critical review," Energy Policy, Elsevier, vol. 144(C).

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