Regulatory & Policy Adyisory
Indian Power sector has been in a state of flux from the 1990s. There has been major change in policy, ownership and structure. The first phase of changes was the entry of private companies into power generation (Called IPP- Independent Power producer). This was followed by a second phase, called Orissa Model. In this phase Generation, Transmission and distribution function of SEBs were separated and de-bundled. In some states, the distribution utilities were privatized. The third and comprehensive phase in the sector has started with the enactment of the Electricity Act-2003.
Structure of Indian power sector is reasonably complex. Centre as well as each state has its own renewable energy policy and regulations to promote renewable energy. This is one of the most important aspects which drive the Indian renewable energy sector including solar, wind, hydro and biomass. We provide central and state government policy updates to the clients to keep them abreast of policy changes which potentially affect their business. We also help our clients to get empanelled with MNRE and state nodal agencies for renewable energy development. Complete structure of Indian power sector and power sector transaction model can be understood by seeing flow-charts flashing right of this text.