Indian Electricity Sector Looking Towards A Bright Future

The reforms in Indian power sector are still in progresskilled the motivation of managers of public sector to
and renewable energy sources are being given theircheck thefts. Grants also restrict their incentive to
fair share of promotion. The policies to increase theavert blackouts and to maintain power lines, all works
role of renewable in power generation are still at adone better by private players. Privatization of SEBs
nascent stage in the Indian power sector.has saved the subsidies of government (almost 1.5%
The central government laid the foundation stone ofof GDP) and indebted the managers to upgrade their
reforms in 1991 when it introduced the policy tooperational and financial performance.
liberalize the power sector and promoted privateIntroduction of the open access system is the latest
investments in the sector. The initial focus of the policydevelopment in electricity sector of India. Many state
was on the power generation.electricity boards and power distribution companies are
The Indian Ministry of Non-conventional Energybuying electricity from power rich states.
Sources has an aim to raise the share of renewablesAs India has signed the nuclear deal with US and deal
in power generation to 10%, i.e. 10000 MW, by 2012. Awith France underway, India's energy generation
lot of incentives are being given to promotecapacity will increase largely. The efforts to secure
renewables.gas resources as another option to conventional
The Indian electricity sector is an example ofsources have also gained momentum in recent past.
government inefficiency. State Electricity Boards thatHence, India is looking forward to have a bright future
are owned by government suffers lose of 30-40% ofby investing and planning heavily in power sector. The
power, mainly due to thefts, whereas the loss ofmovement has been initiated with the privatization and
private power distributors is about 10%, mainly due tocapturing of various energy resources for electricity
technical faults. Government grants and perversion hasgeneration.