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Author: Mohua Mukherjee Publisher: World Bank Publications ISBN: 1464803390 Category : Business & Economics Languages : en Pages : 185
Book Description
The passage of India's Electricity Act of 2003 was a signature achievement, moving the sector toward amarket-driven approach that forced potential investors to compete aggressively for generation and transmission contracts. India's 2005 National Electricity Policy recognized electricity as one of the key drivers for rapid economic growth and poverty alleviation in the country. Yet the policy's target--electricity for all and 1,000 kilowatt-hours (kWh) available per capita by 2012--was not met. Despite a 20-year reform process and private-sector participation, the rate of resource augmentation and growth in energy supply has been less than the rate of increase in demand. Numerous challenges need to be addressed before India can overcome severe energy shortages and achieve its desired national policy objectives. Private Participation in the Indian Power Sector: Lessons from Two Decades of Experience examines the home-grown Indian experience with private sector participation in power, identifies emerging risks, and proposes specific actions for government consideration, so that the power sector may fulfill its important role in India's growth story. Much has been achieved, and the Indian power sector can rightfully take its placeamong the bold reformers. Yet a large agenda remains, and a more rigorous focus on implementation, particularly on last-mile reforms in the distribution sector, will be required. Close coordination among variousstakeholders and unrelenting attention to efficient execution through decentralized authority to make technical decisions, together with a robust emphasis on monitoring, evaluation, and transparent sharing of data and performance statistics, will help in achieving this objective.
Author: Mohua Mukherjee Publisher: World Bank Publications ISBN: 1464803390 Category : Business & Economics Languages : en Pages : 185
Book Description
The passage of India's Electricity Act of 2003 was a signature achievement, moving the sector toward amarket-driven approach that forced potential investors to compete aggressively for generation and transmission contracts. India's 2005 National Electricity Policy recognized electricity as one of the key drivers for rapid economic growth and poverty alleviation in the country. Yet the policy's target--electricity for all and 1,000 kilowatt-hours (kWh) available per capita by 2012--was not met. Despite a 20-year reform process and private-sector participation, the rate of resource augmentation and growth in energy supply has been less than the rate of increase in demand. Numerous challenges need to be addressed before India can overcome severe energy shortages and achieve its desired national policy objectives. Private Participation in the Indian Power Sector: Lessons from Two Decades of Experience examines the home-grown Indian experience with private sector participation in power, identifies emerging risks, and proposes specific actions for government consideration, so that the power sector may fulfill its important role in India's growth story. Much has been achieved, and the Indian power sector can rightfully take its placeamong the bold reformers. Yet a large agenda remains, and a more rigorous focus on implementation, particularly on last-mile reforms in the distribution sector, will be required. Close coordination among variousstakeholders and unrelenting attention to efficient execution through decentralized authority to make technical decisions, together with a robust emphasis on monitoring, evaluation, and transparent sharing of data and performance statistics, will help in achieving this objective.
Author: Mohua Mukherjee Publisher: World Bank Publications ISBN: 1464803404 Category : Business & Economics Languages : en Pages : 185
Book Description
Massive private investment that complements public investment is needed to close the demand-supply gap and make reliable power available to all Indians. Government efforts have sought to attract private sector funding and management efficiency throughout the electricity value chain, adapting its strategy over time.
Author: R. V. Shahi Publisher: Excel Books India ISBN: 9788174463692 Category : Electric power Languages : en Pages : 444
Book Description
Electricity is a concurrent subject. And as all of us know, up to 1975, generation, distribution and transmission, all were handled practically only by the State Electricity Boards. The Central Government has entered this sector only after 1975, and has played an important role by contributing about 32% of the total generation capacity of the country, Out of 1,00,000 ckm of high voltage transmission lines, about 50,000 ckm is contributed by Central Government. It will continue to play an important role in future too.The power sector requires an investment of more than Rs. 8 lakh crore so as to have one of the best and contemporary power infrastructures in the world. Private participation is encouraged. The power sector at present suffers from shortages, high level of Aggregate Technical and Commercial Losses, fuel shortages, low Plant Load Factor in some plants, inadequate rural electrification, as also its slow pace, inefficient use of energy, etc. Union Government and States are seized of these problems.This book Indian Power Sector Challenge and Response highlights these problems and also gives some suggestions to combat these troubles. This book will be of immeasurable use to all the technocrats, professionals and investors in power sector.