India plans to open its retail electricity market to private companies across the country, according to a draft bill by the federal power ministry released on Friday. The move aims to end the dominance of state-run distributors and improve efficiency in a financially stressed sec

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•  Private firms to enter retail electricity market nationwide.
•  Draft bill by federal power ministry proposes change.
•  Ends dominance of state-run power distributors in most states.
•  Adani Enterprises, Tata Power, Torrent Power, CESC among likely gainers.
•  Only few zones like Delhi, Odisha, Maharashtra, Gujarat now privatised.
•  State-run distributors face heavy financial losses.
•  Earlier 2022 attempt faced strong opposition from state utilities.
•  Reform aims to boost efficiency, competition, service quality.
•  Consumers may get multiple supplier choices in future.
•  Bill open for public feedback before formal introduction