Regulatory framework on modernization and extension of useful life of transmission & distribution assets

The Technical Brochure analyzes regulatory frameworks for modernizing and extending the lifespan of transmission and distribution assets under ageing infrastructure and energy transition pressures. It emphasizes risk and condition-based asset management, balanced CAPEX/OPEX treatment, and aligned incentives. International evidence shows that effective regulation fosters efficient investment, supports innovation, preserves reliability, and minimizes tariff impacts while ensuring long-term system resilience and sustainability.