Context: An overview on the evolution of power sector regulation and the need for a government-owned National Power Distribution Company (NPDC).
Mounting debts in Power Sector: According to ICRA, gross debt level for state-owned discoms at an all-India level is likely to cross Rs.6 trillion in FY2022.
Evolution of power sector regulation in India
Significance of GoI-owned NPDC
Conclusion: It’s time to think beyond revamping discoms and take reformative steps like NPDC.