Indian Electricity Sector under Regulatory Regime

Author: Pratik Biswas

Publisher: White Falcon Publishing

ISBN: 9789388459655

Category: Technology & Engineering

Page: 322

View: 884

After the thorough study of the present market, we learned that there isn't much scope for the general public to become aware of the regulations which guide the power sector of our country. In fact, even people working in the power sector, like those who are related to power generation, transmission, distribution, operation and maintenance, etc, but not directly related to power business and regulatory matters, are ignorant of such various rules and regulations. Current power market is consumer-driven, and hence it is very important on the part of the consumers and other utilities to have knowledge about these regulations in order to maximise their output, enhance their profit, and in the same place shielding themselves from various kinds of gaming by other competing utilities. The one who has full knowledge of such rules and regulatory matters can efficiently manage their business, extracting maximum gain in this competitive market and will rise to become the final champion in the market. This book starts from the genesis of power industry in India, covering in its path the Electricity Act and earlier legislations and legal background, overview of the Indian Power Sector, Role which the Regulators play in efficient running of this sector, Indian Electricity Grid Code, Presence of Load Despatch Centres and their functions, scenario of Open Access in power Sector in India, Tariff determination and its structure, Power Exchange, evolution and expansion of Renewable Energy Sector in India and efficient energy management. The aim of writing this book is to reach out to more and more people. This book will be of great help to power industry professionals, who will finally know what their effort is finally yielding to. Thus it will increase their interest as well as efficiency. Each step is interlinked, so the final profit will be the compound gain of each individual step. The book will also be useful to aspiring power engineers and power management students, who can have a broad outlook of the Indian Power Sector as a whole. Lastly, the general public will also be benefitted as they are the one who ultimately pays
Infrastructure Regulation

Author: Darryl S. L. Jarvis

Publisher: World Scientific

ISBN: 9789814335744

Category: Infrastructure (Economics)

Page: 599

View: 960

Regulation of public infrastructure has been a topic of interest for more than a century. Providing public goods, securing their financing, maintenance, and improving the efficiency of their delivery, has generated a voluminous literature and series of debates. More recently, these issues have again become a central concern, as new public management approaches have transformed the role of the state in the provision of public goods and the modalities by which the financing of infrastructure and its operation are procured. Yet, despite the proliferation of new modalities of regulating infrastructure little is known about what works and why. Why do certain regulatory regimes fail and others succeed? What regulatory designs and institutional features produce optimal outcomes and how? And why do regulatory forms of governance when transplanted into different institutional contexts produce less than uniform outcomes? This book addresses these questions, exploring the theoretical foundations of regulation as well as a series of case studies drawn from the telecommunications, electricity, and water sectors. It brings together distinguished scholars and expert practitioners to explore the practical problems of regulation, regulatory design, infrastructure operation, and the implications for infrastructure provision.
Regulation in Practice

Author: Anjali Garg

Publisher: The Energy and Resources Institute (TERI)

ISBN: 9788179931271

Category: Business & Economics

Page: 239

View: 788

This publication focuses on the impact of tariff orders (distribution) issued by nine SERCs (state electricity regulatory commissions) in India during 2003/04, 2004/05, and 2005/06. The states covered are Andhra Pradesh, Assam, Delhi, Jharkhand, Kerala,Madhya Pradesh, Maharashtra, Uttarakhand, and West Bengal. The analysis has been undertaken based on data and information available up to January 2007. The book assesses whether the orders have resulted in reducing regulatory uncertainty and information asymmetry, and led to better performance of the distribution utilities. Different indicators have been used to assess the impact on consumption and access, efficiency, financial performance, competition, and consumer-related issues in the power sector of these states. In addition, various parameters have been studied to assess whether the regulatory systems follow the principles of good regulation in these nine states. br>The commercial loss (without subsidy) incurred by state power utilities increased from Rs 197 220 million in 2003/04 to Rs 221 290 million in 2004/05. In view of the huge losses being incurred by the utilities, the tariff determination function forms a central part of the reform process. A comprehensive survey of tariff orders issued by these SERCs for the distribution licensees has been undertaken to evaluate the effectiveness of regulatory orders in the electricity sector. It assesses whether the orders have resulted in reducing regulatory uncertainty and information asymmetry and better performance of the distribution utilities. However, tariff orders are only one index of effectiveness of the regulatory commissions. It is recognized that there are many other important functions of the SERCs besides tariff-setting, and some of them have also been covered in this study.In addition, other documents available in the public domain, including the Power Sector Rating Report, prepared by the Ministry of Power, Annual Report on the Regulation in practice: impact of tariff orders on the Indian electricity sector Working of State Electricity Boards and Electricity Departments, 1 and the Report on Restructuring of APDRP (Accelerated Power Development and Reform Programme),2 were also studied.
Does Regulation Promote Sustainable Development Outcomes?

Author: Gopal K. Sarangi

Publisher:

ISBN: OCLC:1176254470

Category:

Page:

View: 317

There was an expectation that the independent regulatory institutions that India created for its electricity sector would drive the sector along a sustainable trajectory. However, there has been a dearth of empirical studies analyzing the effect of electricity sector regulation on sustainable sector outcomes. The paper in this context empirically examines whether electricity sector regulation influences the sectoral outcomes at the state level. For analytical purposes, the present study considers a sample of 12 Indian states (provinces). While it captures electricity sector regulation by constructing a composite index that it connotes as a "regulatory index," it applies a sustainable development framework that it operationalizes through an indicator-based approach to measure the sectoral outcomes. Finally, it employs the panel data estimation technique with a fixed-effect model to establish the relationship between regulation and sectoral outcomes. The results suggest that, while regulation is a crucial determinant of sectoral outcomes in the economic and environmental dimensions, social sector outcomes experience a negative impact. These results have clear policy implications for larger overarching policy questions of energy security and the sustainable development of the sector.
Understanding Competitive Electricity Markets - Vol.Iii - Business Analysis Of Regulatory Framework For Electricity Sector In India

Author: Vipul Shah

Publisher:

ISBN: 813140451X

Category:

Page: 160

View: 571

The Electricity Act, 2003 was a landmark legislation which has firmly put India on a fast track path towards energy sector reforms. The principal aim of the Act is to foster competition in the electricity industry, across the value chain. The Act has, fo
Electricity Sector in India

Author: Alok Kumar

Publisher: OUP India

ISBN: 9780198082279

Category: Business & Economics

Page: 304

View: 579

Growing urbanization and the resultant rise in the demand for electricity have increasingly made second generation power sector reforms critical for economic growth. Undertaking a comprehensive analysis of the electricity policy, this book reviews its regulation and performance, and argues for healthy competition, better customer focus, and efficient distribution of electricity.
Regulatory Performance in India

Author:

Publisher: The Energy and Resources Institute (TERI)

ISBN: 9788179931295

Category: Business & Economics

Page: 294

View: 329

Text: Regulatory performance in India: achievements, constraints, and future action contains the proceedings of six plenary sessions of an eponymous conference organized by TERI. It covers background papers, presentations, and the discussions held after each session.
Electricity in India

Author: Agence internationale de l'énergie

Publisher: Paris, France : International Energy Agency

ISBN: STANFORD:36105111045667

Category: Political Science

Page: 125

View: 399

The quality of Indian electricity, which is still provided mainly by the electricity boards of the several federal states, has deteriorated sharply and seriously impeded the country's economic growth. India now needs to meet the growing demand for electricity from more than a billion citizens. This publication chronicles and analyses India's progress toward liberalisation since the early 1990s and offers constructive advice on how to overcome the immense challenges facing the Indian electricity sector today.
Energy Law in India

Author: Mohammad Naseem

Publisher: Kluwer Law International B.V.

ISBN: 9789041189363

Category: Law

Page: 302

View: 885

Derived from the renowned multi-volume International Encyclopaedia of Laws, this book provides a systematic approach to legislation and legal practice concerning energy resources and production in India. The book describes the administrative organization, regulatory framework, and relevant case law pertaining to the development, application, and use of such forms of energy as electricity, gas, petroleum, and coal, with attention as needed to the pervasive legal effects of competition law, environmental law, and tax law. A general introduction covers the geography of energy resources, sources and basic principles of energy law, and the relevant governmental institutions. Then follows a detailed description of specific legislation and regulation affecting such factors as documentation, undertakings, facilities, storage, pricing, procurement and sales, transportation, transmission, distribution, and supply of each form of energy. Case law, intergovernmental cooperation agreements, and interactions with environmental, tax, and competition law are explained. Its succinct yet scholarly nature, as well as the practical quality of the information it provides, make this book a valuable resource for energy sector policymakers and energy firm counsel handling cases affecting India. It will also be welcomed by researchers and academics for its contribution to the study of a complex field that today stands at the foreground of comparative law.
Restructuring and Regulatory Reform in the Power Sector

Author: Peter Choynowski

Publisher:

ISBN: STANFORD:36105115171105

Category: Electric power consumption

Page: 51

View: 710

A worldwide trend began in the 1980s in both developed & developing countries to restructure their power sectors & reform their regulatory framework. The motivation in developed countries to restructure & reform was mainly to improve sector efficiency, while in the developing countries, it was to move the sector away from reliance on scarce public resources to more private sector financing. Since the Asian Development Bank was involved in restructuring & regulatory reform in many of Asia's developing countries, this report takes stock of the progress made to date in these countries, reviews the relevant experience in some developed countries & Latin America, & identifies the key issues that could have a bearing on its operations in Asia.
Harmonizing Electricity Laws in South Asia

Author: Asian Development Bank

Publisher: Asian Development Bank

ISBN: 9789292579685

Category: Political Science

Page: 70

View: 538

Electricity shortages in South Asia are adversely impacting the region's socioeconomic development. Energy trade is seen as a solution to this challenge. The South Asian Association for Regional Cooperation (SAARC) Framework Agreement for Energy Cooperation (Electricity) is a key step in realizing regional trade in energy. To support implementation of the framework agreement, ADB and SAARC in Law are working to improve legal and regulatory harmonization in the energy sector. This report identifies the legal, regulatory, technical, and commercial requirements for energy trade, and what each country in South Asia needs to do to make the framework agreement a reality. The recommendations, summarized in tables, provide an easy reference for policy makers and energy stakeholders in the region.