Heralding a major change in the power distribution sector of the country, two leading public sector utilities — NTPC and Power Grid Corporation of India — have formed a joint venture to set up National Electricity Distribution Company.
This paves way for NTPC, a leading power generator, and Power Grid, which owns India’s largest power transmission network, to get into consumer electricity supply business.
The move could also hint at another round of power distribution reforms.
This includes the separation of content and carriage businesses in power distribution — i.e the infrastructure builder for power supply and the supplier to