India, May 28 -- The time has come for the Modi Government to decisively untangle the sector from entrenched political interference, empower regulators, and open the door to private competition. Without bold, top-level reforms, India's power ambitions may remain stuck in the dark

The Government think-tank NITI Aayog has initiated a study on the working of the Central Electricity Regulatory Commission (CERC) and State Electricity Regulatory Commissions (SERCs) with particular emphasis on critical aspects such as 'autonomy', 'role clarity', 'capacity' and 'accountability'. The intent is to undertake systemic changes in their approach and functioning to address the impending challenges of (i) maintaining the viability of power systems; (ii)...