New Delhi, Oct. 10 -- The Indian government has proposed a major reform in the power sector by allowing private companies to enter the electricity retail market, according to a draft bill released by the Ministry of Power.

The move aims to introduce competition, enhance service quality, and improve efficiency in electricity distribution, which has so far been dominated by state-run utilities.

If implemented, the new law would permit private players such as Adani Power, Tata Power, Torrent Power, and CESC to sell electricity directly to consumers.

Currently, most retail distribution is handled by state-owned discoms (distribution companies), which face challenges such as high transmission losses, delayed subsidy payments, and mounting d...