Market Report
Report Summary Powering Progress, Empowering Choice: A Deep Dive into India's Open Access Electricity Market
Powering Progress, Empowering Choice: A Deep Dive into India's Open Access Electricity Market
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Passed in 2003, the Electricity Act aimed to revitalize the power sector by fostering competition and consumer choice. A key tool for this? Open Access (OA) in transmission and distribution. With OA, large consumers can bypass their local utility and purchase electricity directly from any supplier, injecting dynamism and cost-efficiency into the market. To foster competition and power supply flexibility, open access regulations kept pace with industry needs. After initial broad rules (2004), separate regulations emerged for inter-state short-term (2008) and long-/medium-term (2009) access.
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