This report reviews the evolution of the Indian power sector since the landmark Electricity Act of 2003 (EA 2003, or EA), with a focus on distribution as key to performance and viability of the sector. While all three segments of the power sector—generation, transmission, and distribution—are important, revenues originate with the customer at distribution, so subpar performance there hurts the entire value chain. Persistent operational and financial...
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2014/06/12
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