Extending electricity connection to every household is the greatest power reform touching the life of the common citizen. Now, 24×7 quality power at affordable prices must be ensured. But, the buzz on the next round of power reforms is centred on the amendments to the Electricity Act (EA) and/or the Tariff Policy proposed rather than the addressing of structural issues fettering power supply. Power sector suffers from problems of plenty due to the surplus generating capacity, increasing renewables without retiring old and polluting coal-fired generators, long tenure of power procurement agreements, excess tied capacity and aggressive energy efficiency drive.
