Indian electricity market: Present status and future directions

This paper provides the development of electricity supply industry with the beginning of different acts and prospects as imprinted in the annals of history to its present day scenario. Trying to give the glimpses of electricity market status, albeit in a very concise manner, clarity is assumed to be of paramount value. Power market is a central idea behind the whole notion of power system restructuring around the globe and India is also following the same path for the future growth in this sector. Having that in mind, a concrete approach for understanding the power exchanges in India has been made vivid. The complete the regulatory acts are also provided in the chronological order.