The Government of India has set up Power Foundation-a society under the Ministry of Power which will act as the top policy advocacy arm for the power and allied sectors.
- The foundation will assist states and businesses with research as well as help create solutions and processes for India’s energy transition journey.
- The Power Foundation is registered under the Societies Act, under the Power Ministry, by CPSEs such as NTPC, Powergrid, REC, PFC, NHPC, THDC NEEPCO and SJVN.
- The Power and New & Renewable Energy Minister RK Singh is the Chair of the society. Former Power Secretary Sanjiv Nandan Sahai has been appointed as the Director General by a search cum selection committee.
- The Power Foundation aims to be the foremost policy advocacy body, which would engage in national dialogues on power and allied sectors, providing authoritative analysis, data, policy recommendations and real world solutions to help states provide secure and sustainable energy for all and to create smooth pathways for India’s energy transition.
- It also aims to undertake pioneering efforts in commissioning independent and evidence based research studies, through credible institutions, on various aspects concerning energy transition in the power sector, and subsequently disseminate the gathered information through appropriate communication channels for creating awareness of the identified stakeholders.