Economy, asked by Sanchita9428, 1 year ago

Conclusion on implucations of.Gap.In demand and supply of energy. In india

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Answered by Anonymous
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pite of a total installed power generation capacity of about 223 GW (as of April 2013), India is still struggling to meet increasing power demand.  Government of India came up with the Electricity Act in the year 2003 to reform the unorganized power sector in India. EA-2003 has helped to improve efficiency and has brought some much needed order in the overall power sector.  However, we are still facing severe power cuts and many regions in India are still lacking something as basic as an electricity connection. Recent structural reforms in the power sector will take some time for complete implementation. In the short to medium term, supply-demand mismatch and limited ability of the financial systems to support subsidies are expected to push consumer tariffs upward.
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