Indian Power Sector- A Review Amandeep Verma Government College of Commerce and Business Administration, Sector 42, Chandigarh Email: amanverma1026@gmail.com Abstract Indian economy has been growing at a rate of 6-8 % annually during the last eight years which requires growth of basic infrastructural facilities at a still higher rate. Power sector being a major component of infrastructure development requires a growth rate of 9-10% during the next decade. This requires huge amount of investments and restructuring of power sector, for which Government cannot fund the entire amount independently. Hence, private participation is necessary either as an independent venture or through public-private partnership (PPP). This paper attempts to review the Indian power sector with respect to generation, transmission and distribution of electricity and identify and highlight the key initiatives and reforms undertaken for private participation in the electricity sector and some issues that are being grappled with in effort to make the sector efficient and attractive for investments. © 2013 New Delhi Publishers. All rights reserved Keywords: Infrastructure, transmission electricity Introduction Electric Power Sector is a vital aspect of the national economy. The Gross Domestic Product (GDP) of our country has been growing at the rate of about 6 to 8% for the last several years. The liberalization and globalization of the economy is leading to an increased tempo in industrial and commercial activities and this, coupled with penetration of technology and I.T. in the day-to-day life of the common man, is expected to result in a high growth in power demand. It is accordingly essential that development of the Power Sector shall be commensurate with the overall economic growth of the nation. Power, being in the Concurrent Subject list under the Indian Constitution, is the joint responsibility of the State and Central Governments. Despite liberalisation and economic reforms of 1991, the power sector in the country is still dominated by the public sector in generation, transmission and distribution segments. Almost 80 percent of electricity is generated by the public sector with the State and Union Governments generating about 49.9% and 31.9% of total installed capacity respectively. The share of private sector in generation is increasing from alomost Inernational Journal of Social Science Volume, 2 no. 2, December 2013: 157-169 DOI Number: 10.5958/j.2321-5771.2.2.009