the electricity sector a note 2 prof shanker sen dr mr srinivasan former power minister chairman atomic energy govt of west bengal commission&member planning commission prabhat patnaik cp chandrasekhar professor jnu new delhi er kk govil prabir purkayastha chief engineer cea science forum and ed finance corporation shri sunil goyal sudha mahalingam vice president federation organizations senior research fellow centre chartered accountants in saarc countries for policy bs meel general secretary eefi 3 contents 1 competition liberalisation supply industry 6 issue economy efficiency impact unbundling sebs experience reforms 8 reform implied ea 2003 10 rising costs supplying 14 rural electrification 17 alternative approach to 4 act is supposed have introduced set wide ranging salient features which makes it different from earlier 1948 are following mandates obligatory restructuring state boards creation regulatory commissions all tariffs generation transmission bulk retail distribution