Context : India’s power sector has witnessed a historic transformation, marked by record capacity additions, enhanced grid reliability, and a strong push towards renewable integration. The recent announcements by Union Minister Shri Manohar Lal highlight India’s emergence as a power-surplus nation with a future-ready energy infrastructure.
India is transitioning from a mission-based urban reform model to a permanent institutional framework, with SPVs as agile, multi-functional engines for next-gen urban transformation.