Power sector is most basic industry and key to industrial development of any country. The use of electricity is a defining moment in the industrial revolution and shift in the development story. India at the outset of independence was indeed in the infancy of the development of the power sector. A lot has been done in this regard which in turn has resulted into the industrialization of the country. However, there exist several problems which have been addressed with the passing time. This paper outlines how India addressed its power need after the independence of the country to address the need of industrial self-reliance.