This monograph examines the different processes that led to the `political capture’ of the power sector in India and critiques the attempts at  reforms to change these processes. It evaluates the role politics played in perpetuating and advancing reform goals and sheds light on the circumstances, actors and forces (including political players and interest groups) that guided the reform processes in past few decades. Lastly, the paper gives broad parameters for future reform measures in the power sector.

Table of Contents

1. Background of the Study

2. Genesis of a State Controlled Power Sector

3. The New Economic Policies and Power Sector Reforms

4. The Reforms so far: A Balance Sheet

5. Why Power reforms is a Daunting Task

6. Prospects for Reforms

• Energy
• Energy Security
• National Politics
• India

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