India’s Power Sector Vision: A New Policy BlueprintThe Ministry of Power has unveiled the Draft National Electricity Policy (NEP) 2026, laying out a detailed roadmap to modernise India’s power sector in line with the ‘Viksit Bharat @2047’ vision. The draft policy replaces the National Electricity Policy of 2005 and responds to present-day challenges such as energy transition imperatives, the financial health of distribution companies (DISCOMs), and the need for a resilient, digitally enabled electricity grid. The overarching aim is to deliver reliable, affordable and high-quality 24x7 power through a financially stable and environmentally sustainable electricity ecosystem, while strengthening national energy security. Key goals include financial turnaround of the sector, assured and reliable power availability, competitive electricity pricing, higher non-fossil fuel capacity, and the promotion of competition. Driving Technological Self-Reliance and InnovationA key pillar of the draft NEP 2026 is its strong emphasis on rapid technology deployment and indigenous capability building. The government proposes to support the acquisition or domestic development of critical equipment, materials and components through foreign direct investment as well as government-to-government partnerships. This approach is reinforced by the Mission on Advanced and High-Impact Research (MAHIR), launched in June 2023, which seeks to accelerate indigenous research, development and demonstration of next-generation power sector technologies, positioning India
The only supply chain registration you need
Unrivaled context behind every news and article for free.
Anamika Mishra,
Sub Editor
