India proposes to open up power retail sector to private cos, draft bill shows
10/10/2025 09:03
NEW DELHI, Oct 10 (Reuters) - India plans to open up its electricity retail market for private companies, ending the dominance of state-run distributors in some states, according to draft regulations proposed by the federal power ministry. The move will allow private companies such as Adani Power ADAN.NS, Tata Power TTPW.NS, Torrent Power TOPO.NS and CESC CESC.NS to strengthen their presence in the country. (Reporting by Sethuraman NR and Sarita Singh; Editing by Sonia Cheema) ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))
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