A Review of Existing Energy Policy in India

Siddhartha, . and Sharma, Samriddh (2017) A Review of Existing Energy Policy in India. In: International Conference on Intelligent Sustainable Systems, 07/12/2017, SCAD Institute of Technology, Palladam.

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Abstract

Despite increasing the power generation at a rate of 6.3% from FY 2009, power companies are unable to fulfill the dreams of uninterrupted power supply to all parts of the nation. Indian Power Sector reformed with the Indian Electricity Act, 1910, which gave licenses to the state government. Then came the Electricity Supply Act, 1948, mandating SEBs. Electricity Regulatory Commission Act, 1998 established CERC and SERC. Major revolutions occurred in the Indian Power Sector with the Energy Conservation Act, 2001 and Electricity Act, 2003. Next step were the development of an established structure which was implemented by APDRP. Thus we finally arrived at the level where we are investing and implementing in the field of Smart Grids. Earlier transmission and distribution of power was in the hands of government. The Electricity Act, 2003 paved the way for Open Access in transmission and allowed trading of power. In distribution, the tariff policy changed drastically with time. With the setting up of Energy Exchanges (IEX and PXIL), power trading became a major player for deciding the tariff and rates at the national level. In this paper, a study will be attempted on all major policies and acts involved in the reforms of Indian Power Sector. It will also be tried to understand the dynamics of Power Trading and Tariff Policy at National and State level.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Electricity Act, Energy Conservation Act, Energy Exchanges, Open Access, Smart Grid
Subjects: Engineering > MIT Manipal > Electrical and Electronics
Depositing User: MIT Library
Date Deposited: 26 Dec 2017 06:43
Last Modified: 26 Dec 2017 06:43
URI: http://eprints.manipal.edu/id/eprint/150356

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