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The power distribution sector has been the focus of numerous reforms over the past few decades, aimed at improving efficiency, reducing losses, and ensuring reliable access to electricity for all consumers. Initiatives such as the Ujwal DISCOM Assurance Yojana (UDAY), smart metering programs, and the push for privatization of distribution in select regions have been significant steps toward financial stability and operational efficiency of distribution companies (DISCOMs). These reforms have attempted to address long-standing challenges like high Aggregate Technical and Commercial (AT&C) losses, irregular power supply, and financial stress due to subsidized tariffs and delayed payments from state governments. However, while these measures have made some progress, they fall short of fully achieving the goal __________ _____ _______ ___ ____ _________ ________ ___ ________ _______ _________.
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