Power Minister launches “Reform and Regulatory Knowledge base for Power Sector”

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Power Minister launches “Reform and Regulatory Knowledge base for Power Sector”

Power Minister R.K Singh launched “Reform and regulatory knowledge base for power sector”, an e-certification program to provide regulatory training to the practitioners from diverse backgrounds. He also launched a Regulatory Data Dashboard which is an e-compendium of data containing State-wise details of tariff and DISCOM performance. They have been developed by IIT Kanpur.

The Regulatory Data Dashboard would assist benchmarking of the sector performance, over time and across the power sector utilities. This would help regulators and policy makers as well as the entities themselves to identify areas for improvement.

Speaking at the event, the Power Minister expressed his appreciation for IIT Kanpur for the initiative. He said that India is preparing itself for the next generation by modernisation, but the process of making our system sustainable is work in progress. Challenges of energy access and supply have been resolved by establishing capacity generation making us a power surplus nation, he added.

Singh further said that we have established one grid for the country and one unified market for power free from long term PPAs. Steps are being taken for strengthening of distribution system. He suggested that let the full cost be reflected in tariff and then the elected governments can provide subsidy based on that.

He emphasized that in the power sector, regulatory framework is the key to sustainability. Regulators exist to maintain a level playing field and at the same time to protect rights of the consumers. He urged that there is great scope for standardisation in regulatory framework by research.

Speaking on the occasion, Minister of State for Power Krishan Pal Gurjar said that  100 percent electrification of all the willing households  have been done in the country with average power supply of more than 22 hours  in rural areas and 23 hours 36 minutes in cities.

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