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This World Bank review, Governance of Indian State Power Utilities: An Ongoing Journey, is a first attempt to systematically examine the quality of corporate and regulatory governance in the Indian power sector. Considering that much of the poor performance of utilities reflected internal and external shortfalls in governance, India's Electricity Act of 2003 mandated unbundling and corporatizing the vertically integrated state electricity boards, along with establishing independent regulators at the center and in the states. The aim was to create a more accountable and commercial performance c
Electric utilities -- Government policy -- India. --- Electric utilities -- India. --- Public utilities -- India. --- Electric Utilities --- Public utilities --- Business & Economics --- Industries --- Electric utilities --- Municipal utilities --- Public-service corporations (Public utilities) --- Utilities, Public --- Utility companies --- Municipal franchises
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The quality of Indian electricity, which is still provided mainly by the electricity boards of the several federal states, has deteriorated sharply. This has seriously impeded the country's economic growth. India needs now to meet the growing demand for electricity from more than a billion citizens. Vast amounts of domestic and foreign investment will be required to reach this goal. India's electricity market is moving in the right direction, but the implementation of planned reforms must be accelerated. First necessary steps include improving the administration of public utilities, reducing electricity losses from pilfering and non-payment, bolstering the utilities' revenues, expanding transmission grids and offering private players more freedom of action. This book chronicles and analyses India's progress toward liberalisation since the early 1990s. It offers constructive advice on how to overcome the immense challenges facing the Indian electricity sector today.
Electric power production -- India. --- Electric utilities -- Government ownership -- India. --- Electric utilities -- India. --- Electric Utilities --- Electric power production --- Electric utilities --- Business & Economics --- Industries --- Government ownership --- Electric power generation --- Electricity generation --- Power production, Electric --- Electric companies --- Electric light and power industry --- Electric power industry --- Electric power systems --- Electrification --- Electric industries --- Energy industries --- Public utilities --- India --- Industries électriques
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