Lectruer, C. R. Kisan College, Jind, India
Online published on 11 July, 2017.
With the introduction of the new economic policy in India since 1991, the power sector was the first public sector industry where reforms were attempted.i The Electricity Regulatory Commission Act, 1998 and Electricity Act of 2003 manage all the affairs relating to electricity namely, generation, transmission, distribution, tariff, and subsidies etc.ii