India Proposes Opening Power Retail Market to Private Operators
The government aims to end the monopoly of state-owned enterprises in the energy retail sector, potentially increasing competition and efficiency.
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Terms & Concepts
Power Retail Market: The segment of the electricity supply chain where electricity is sold directly to consumers, typically involving billing, metering, and customer services.
State-Owned Enterprise: A government-controlled company that operates in commercial sectors, often holding monopolistic positions in certain markets.