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Power sector review: CAG to convene national meet on generation, transmission and distribution trends on Feb 23

The Comptroller and Auditor General (CAG) will convene a national-level conference on February 23 to review recent trends in India’s power sector and gather inputs for future audit planning across generation, transmission and distribution segments, PTI reported.

The daylong National Conference on Power Sector, to be held in the capital, will bring together senior officials from the Centre and states along with key public sector power companies to deliberate on emerging sectoral challenges and policy priorities.

CAG K Sanjay Murthy will preside over the conference, which will be attended by the Secretary, Ministry of Power; Secretary, Ministry of New & Renewable Energy (MNRE); Chairperson of the Central Electricity Regulatory Commission (CERC); and Chairperson of the Central Electricity Authority (CEA).

CMDs of NTPC, NHPC, SECI, PFC, Grid-India and PGCIL are also expected to participate.

Power secretaries from various state governments and heads of selected state-owned power generation, transmission and distribution utilities will join the discussions.

“Taking into consideration the landscape of the sector with crucial projects, the role of central and state governments in planning and regulation as well as the recent developments in the functions of generation, transmission and distribution of power, the CAG’s institution has planned to organise a one-day All India Conference of Power Secretaries,” the CAG office said.

The institution said deliberations at the conference would help shape audit strategies for different segments of the power sector.

According to the CAG, the event aims to provide a strategic platform for senior stakeholders to exchange views on sectoral challenges, with discussions expected to focus on digitalisation, renewable energy integration and the financial sustainability of distribution companies (DISCOMs).

A background paper prepared jointly by the CAG’s office, the Indian Institute of Management Ahmedabad and Vasudha Foundation highlighted the rapid transformation of India’s electricity ecosystem over the past decade.

It noted that the sector has doubled generation capacity, achieved universal electrification, transitioned into a net exporter of electricity and moved towards near-zero outages.

India also met its Nationally Determined Contribution (NDC) target of achieving 50 per cent non-fossil fuel capacity in 2025, five years ahead of schedule.

As of December 2025, total installed power capacity stood at 514 GW, of which 267 GW — or 52 per cent — came from non-fossil sources, while solar power alone accounted for 136 GW, or 26 per cent of the capacity mix.

The background paper said these developments underpin the Viksit Bharat vision, positioning the power sector as a central pillar for achieving a developed economy by 2047.

The Draft National Electricity Policy 2026 (NEP 2026), released in January, outlines a long-term roadmap for generation expansion, pricing reforms, distribution improvements and grid management, while supporting India’s net-zero target for 2070.

The policy proposes increasing per capita electricity consumption from the current 1,460 kWh to 2,000 kWh by 2030 and further to 4,000 kWh by 2047.

“It is clear that clean energy is India’s strategic advantage, but only if markets, finance and institutions evolve together,” the paper added.

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