Abstract
The study aims to present a comprehensive assessment of India’s electricity acts and power sector policies using a qualitative research design. The present study employs document analysis to explore the implications of the policies on social, technical, economic, and environmental dimensions. The challenges faced by the power sector and the policy implications of these challenges have also been outlined. The study finds that the Electricity Act of 2003 has been instrumental in transforming the power sector in India by promoting competition, encouraging private investment, and improving the efficiency and transparency of the power sector. However, several challenges are still facing the sector, including high AT&C losses, inadequate transmission and distribution infrastructure, and low financial viability of DISCOMs. Challenges associated with the policies and schemes include the need for increased investment in transmission and distribution infrastructure, ensuring the affordability of electricity, and promoting the adoption of new and renewable energy sources. Policy recommendations include increasing investment in transmission and distribution infrastructure, encouraging the adoption of new and renewable energy sources, implementing effective policies and regulations to address the challenges facing the power sector, and promoting the financial viability of DISCOMs.
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