India with a population of 1.3 billion people aspires to achieve a double digit GDP growth to lift vast sections of its population out of poverty and also to create a modern, diversified industrial and services based economy. However,India needs 21st century governance standards that enable faster policy decisions to meet the aspirations of its ever increasing population and the critical role of the energy sector in fulfilling those aspirations with low carbon strategies for inclusive growth. Comprising a host of expert contributions and extensive analysis done by the Independent Power Producers Association of India (IPPAI), this book delves into the key issues concerning India’s power sector in particular and the energy sector in general. This is also an innovative way of taking forward the concerns of the industry/other stakeholders to the regulators and policymakers and cateringto relevant academic interests from institutions/organizations. The goal is not only to capture the present status of the power and energy sector, but also to break new ground in analyzing issues and seeking solutions. This book will prove relevant and useful to experts, professionals in the power sector,prospective investors, and to general readers interested in understanding the regulatory and policy environment that shapes the energy sector in India.