Power Reforms- Privatisation - A complete failure

The Power Reforms were introduced with much of fanfare with a view to improve the quality of supply, reduce the abnormally high T & D Losses by privatising the distribution of power. The idea was that the private sector can infuse new life to the collapsing distibution system by investing in the infrastructure. The ROE of 16% post tax was a sure shot bait to attract the private distributors and it did so. The reforms have miserable failed in Orissa the first one to adopt power reforms. The Power Reforms have failed in the City of Delhi particularly in the areas controlled by BSES - BRPL and BYPL. Though it is claimed that the T & D loss reduction target has been achieved by both the DISCOMS but some how I am not able to figure out how come distribution losses continue to be at about 30%. Politically the tariff is not being allowed to be increased now in view of public protests but the moot question remains that the amount of subsidy is paid out of our hard earned money paid through taxes and ultimately we bear the brunt of inefficiency of DISCOMS. Now in Maharshtra there is a proposal to levy "Reliability Charge". Again, if the DISCOM is allowed to charge the reliability charge then how the license was granted to DISCOM at first instance. We all need to join hands and fight out the arm twisting tactics DISCOMS.