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.