Competition to prompt discoms to re-invent themselves: TPDDL CEO Ganesh Srinivasan

The government wants to amend the Electricity Act to introduce competition among electricity distribution companies (discoms). Ganesh Srinivasan, chief executive officer of Tata Power Delhi Distribution, believes that such move can help generate much-needed investments and trigger technology adoption in the sector. In an interaction with FE’s Anupam Chatterjee, Srinivasan also shares his views on how discoms can help in the uptake of renewable energy across the country. Excerpts:

The latest amendments to the Electricity Act proposes to allow multiple discoms to operate in one area. What impact can it have on the sector?