Today, India is a power surplus nation with an installed generation capacity of 452 gigawatts. Even then, power shortages frequently occur in rural and urban regions. The total energy demand in India is set to increase by nearly 35% by 2035 in the STEPS, and electricity generation capacity nearly tripled to 1400 gigawatts. Hence, initiatives are being taken to bring about comprehensive reforms in the power sector. These are aimed at attracting investments in the sector and thus turning it into an efficient and sustainable industry.
Prelude
All the views and opinions expressed are those of the author. Image Credit – CAG.
About the Author
Abhishek Kumar Singh is a Civil Engineering graduate with related professional experience. As an aspiring civil servant, Abhishek has developed a keen interest in different domains of public policy with sustainability as the underlying concern. He keeps a tab on national and international events that might have potential implications for India and the world at large.