Mumbai, Jan. 21 -- The Ministry of Power announced the release of a new "Draft National Electricity Policy (NEP) 2026". The Draft NEP 2026 aims to transform the power sector for meeting the vision of Viksit Bharat @2047. The policy, once finalised, intends to replace the existing NEP which was notified in 2005. The first National Electricity Policy, notified in February 2005, addressed fundamental challenges of the power sector, including demand-supply deficits, limited access to electricity, and inadequate infrastructure. Since then, India's power sector has witnessed transformational progress. Installed generation capacity has increased fourfold with significant private sector participation; universal electrification was achieved by Mar...
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