FRAMEWORK FOR BALANCING ELECTRICITY FINANCIAL SUSTAINABILITY AND AFFORDABILITY

India, Aug. 10 -- The Government of India has issued a release:

Government has established a comprehensive policy and regulatory framework under the provisions of the Electricity Act, 2003 to ensure financial sustainability of the electricity sector while safeguarding consumer interests. The framework comprises, inter alia, the National Electricity Policy, the Tariff Policy, and subordinate legislation framed by the Appropriate Government, Central Electricity Authority, and the Electricity Regulatory Commissions.

Electricity tariffs in India are determined by the Appropriate Electricity Regulatory Commissions under the Electricity Act, 2003. These Commissions are guided by the National Tariff Policy formulated by the Central Government. S...