Business Standard

The power of competition

BS OPINION

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Business Standard New Delhi
 The main contribution of the new Act, and it is a monumental one, is that it allows power to be traded directly between a generator and a distributor. The monopoly of the state electricity boards to buy power, and with a few exceptions, to sell, has been brought to an end.

 State-owned entities, which until now controlled the entire supply chain, are now subject to the

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First Published: Aug 20 2003 | 12:00 AM IST

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