The Forum of Free Enterprise is a non-political organization founded in 1956 by A. D. Shroff and has been established to educate public opinion in India on free enterprise and a democratic way of life. The Forum publishes booklets to further its objects. The following booklet titled “Need For A Comprehensive Power Policy For India” was published on October 17, 1995, and was authored by Jiban K. Mukhopadhyay. The author begins by tracing the history of the power sector in India, which started almost 100 years ago mainly through the initiative of the private enterprise but became a public sector dominated industry post-independence. He goes on to discuss the shortfalls of the eighth five-year plan despite it addressing some key issues with the sector. He further elaborates on the private sector participation, its problems and prospects. He discusses the Enron controversy and its two sides while arguing that it has several implications and lessons for the ensuing private/foreign investment in India’s power sector. Towards the end, he stresses the need for a comprehensive power policy. He argues that the most important obstacle to private/ foreign investment in India’s power sector seems to be the lack of a comprehensively structured policy focus about why and how the private/foreign investment will be attracted to invest in power projects. He notes that it is not just enough to welcome the entry of the private sector by half-opening the door, that is inviting private/foreign investment in the power sector where the loss-making SEBs are the single customer of power in any Indian state.