GUWAHATI, March 17: The stage is set for constituting an Assam Power Corporation for carrying out the generation and transmission functions of the Assam State Electricity Board (ASEB) under the Power Sector Reforms Programme. The State Cabinet recently approved the draft memorandum of understanding (MoU), to be signed with the Ministry of Power, Government of India, for power sector reforms in Assam. As per the draft MoU, after the setting up of the Assam Power Corporation, subsequently the generation part would be separated into one or more companies. According to the MoU, two distribution...