India to open up State-run retail electricity market for private sector firms, draft bill shows

NEW DELHI (Reuters) -India plans to open up its retail electricity market for private companies nationwide, ending the dominance of state-run distributors in most states, a draft bill by the federal power ministry showed on Friday.

The move will allow private companies such as Adani Enterprises, Tata Power, Torrent Power and CESC to strengthen their presence across the country.

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