A kaleidoscope of the latest developments and thought processes in one of the focal sectors of the Indian economy, the power sector, this volume brings to the surface ways in which rapid capacity additions and improved efficiencies in electricity generation, transmission, and distribution are still absent or inadequate in India. Comprising a host of expert contributions, this text helps improve understanding of the ways in which ideas--such as competition in electricity, safeguarding consumer interests, encouraging investment, captive generation, merchant power, electricity trading, and tariff-based bidding, among others--were implemented and can be used in India.