Book excerpt: Electricity is the lifeline and backbone of any economic activity and of the economic growth. It provides a livable life for the humans in the world. There was need for the government to ensure a sustainable electricity sector functioning in the country. We are at the door of 75 th year of Independence and 73 rd year of our country having become Republic. There is growing gap in maintaining the lifeline of electricity system even having entered the new century and living in 2021.The reforms in the Electricity Sector started in 1991..