US-sponsored programme on electricity retail market

New Delhi, June 12 (UNI) A US-sponsored programme for officials and personnel from key stakeholders in India's electricity sector began here today, with focus on competitive retail market.

With an overall objective of bringing further improvement in India's power sector and strengthening its economy, the programme will expose the participants to the ongoing changes in the electricity sector towards a competitive retail market, A US Embassy release here said.

The two-day training programme and Executive Session is funded by the United States Agency for International Development's South Asia Regional Initiative for Energy.

The programme is designed to provide a comprehensive overview of electricity markets, including the role of different stakeholders in the operations of the marketplace and how energy market transactions are made.

Competitive retail electricity market would assist the country in reducing the pervasive electricity shortfalls by providing incentives to generators to increase efficiencies and output.

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