CREATING A NATIONAL ELECTRICITY MARKET: INDIA’S MOST IMPORTANT POWER SECTOR REFORM
Important work by Payne Institute Expert Kartikeya. India’s general election is over, and the newly reelected Modi administration has a slew of reforms that are ripe for implementing to shore up India’s teetering power sector. In the first term of the Modi administration, the government focused on providing electricity connections to all houses, aiming to deploy 175 gigawatts (GW) of new renewable energy capacity (mainly from solar and wind) by 2022 and to enact the Ujwal DISCOM Assurance Yojana, also known as UDAY, a reform meant to improve the technical and financial performance of the cash-strapped state-owned utilities (discoms). August 19, 2019.