Publication:
Private Participation in the Indian Power Sector : Lessons from Two Decades of Experience

Simple item page
dc.contributor.authorMukherjee, Mohua
dc.date.accessioned2014-10-10T15:20:59Z
dc.date.available2014-10-10T15:20:59Z
dc.date.issued2014-10-02
dc.description.abstractThis book reviews the major developments in and the lessons learned from the 21-year (1991-2012) experience with private sector participation (PSP) in the power sector in India. It discusses the political economy context of the policy changes, looks at reform initiatives that were implemented for the generation sector, describes transmission and distribution segments at different points in the evolution of the sector, and concludes with a summary of lessons learned and a suggested way forward. The evolution of private participation in the Indian power sector can be divided into different phases. Phase one was launched with the opening of the generation sector to private investment in 1991. Phase two soon followed - early experiments with state-level unbundling and other reform initiatives, including regulatory reform, culminating in divestiture, and privatization in Orissa and Delhi respectively. Phase three, the passage of the electricity act of 2003 by the central government, followed by a large increase in private entry into generation and forays into transmission and experiments with distribution franchise models in urban and rural areas during the 11th five-year plan (2007-12) period. In phase four, at the start of the 12th five-year plan (2012-17), the sector is seeing a sharp reduction in bid euphoria and greater risk aversion on the part of bidders, who are concerned about access to basic inputs such as fuel and land. In this context, the report is structured as follows: chapter one gives introduction; chapter two presents private sector participation in thermal generation; chapter three presents private sector participation in transmission; chapter four deals with private sector participation in distribution; chapter five deals with private sector participation in the Indian solar energy sector; chapter six deals with financing of the power sector; chapter seven presents emerging issues and proposed approaches for the Indian power sector; and chapter eight give updates.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/10/20274155/private-participation-indian-power-sector-lessons-two-decades-experience
dc.identifier.doi10.1596/978-1-4648-0339-0
dc.identifier.isbn978-1-4648-0339-0
dc.identifier.urihttps://hdl.handle.net/10986/20410
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesDirections in Development--Energy and Mining;
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectALTERNATIVE ROUTE
dc.subjectAMORTIZATION
dc.subjectAMOUNT OF POWER
dc.subjectANNUAL REVENUE REQUIREMENT
dc.subjectAPPROACH
dc.subjectARREARS
dc.subjectAUCTION
dc.subjectAUCTIONS
dc.subjectAVAILABILITY
dc.subjectBAILOUTS
dc.subjectBANK CREDIT
dc.subjectBANKING CRISIS
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR STABILITY
dc.subjectBANKING SYSTEM
dc.subjectBENEFICIARY
dc.subjectBID
dc.subjectBIDDING PROCESS
dc.subjectBIDS
dc.subjectBLACKOUTS
dc.subjectBOTTOM LINE
dc.subjectBROWNOUTS
dc.subjectBULK POWER
dc.subjectCAPACITY CHARGES
dc.subjectCAPACITY UTILIZATION
dc.subjectCAPITAL EXPENDITURE
dc.subjectCASH FLOW
dc.subjectCHECKS
dc.subjectCOAL
dc.subjectCOMMERCIAL BANK
dc.subjectCOMMERCIAL BANK LOANS
dc.subjectCOMMERCIAL BANKING
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMERCIAL CONTRACTS
dc.subjectCOMMERCIAL LENDERS
dc.subjectCOMPETITIVE BIDDING
dc.subjectCOMPETITIVE BIDDING PROCESS
dc.subjectCOMPETITIVE PROCUREMENT
dc.subjectCONCESSION
dc.subjectCONSUMPTION OF ELECTRICITY
dc.subjectCONTRACT MANAGEMENT
dc.subjectCONTRACTUAL OBLIGATIONS
dc.subjectCOST OF POWER
dc.subjectCOSTS OF POWER
dc.subjectCREDIT RATING
dc.subjectCREDIT RATING AGENCIES
dc.subjectCREDIT WORTHINESS
dc.subjectCREDITWORTHINESS
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectCUSTOMER SATISFACTION
dc.subjectCUSTOMER SERVICE
dc.subjectDEBT
dc.subjectDEFICITS
dc.subjectDIESEL
dc.subjectDISCOS
dc.subjectDISTRIBUTION AREAS
dc.subjectDISTRIBUTION COMPANIES
dc.subjectDISTRIBUTION FACILITIES
dc.subjectDISTRIBUTION LOSSES
dc.subjectDISTRIBUTION NETWORK
dc.subjectDISTRIBUTION PRIVATIZATION
dc.subjectDIVESTITURE
dc.subjectDOMESTIC COAL
dc.subjectECONOMIC GROWTH
dc.subjectELECTRIC POWER
dc.subjectELECTRIC SUPPLY
dc.subjectELECTRICITY
dc.subjectELECTRICITY DISTRIBUTION
dc.subjectELECTRICITY GENERATION
dc.subjectELECTRICITY GENERATION CAPACITY
dc.subjectELECTRICITY SECTOR
dc.subjectELECTRICITY SUPPLY
dc.subjectEMISSIONS
dc.subjectEND USERS
dc.subjectENERGY MARKETS
dc.subjectENERGY SHORTAGES
dc.subjectENERGY SUPPLY
dc.subjectEXCESS POWER
dc.subjectFINAL CUSTOMERS
dc.subjectFINANCES
dc.subjectFINANCIAL CLOSURE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL HEALTH
dc.subjectFINANCIAL OBLIGATIONS
dc.subjectFINANCIAL PERFORMANCE
dc.subjectFINANCIAL RETURNS
dc.subjectFINANCIAL VIABILITY
dc.subjectFIXED COSTS
dc.subjectFOREIGN LENDERS
dc.subjectFOSSIL
dc.subjectFOSSIL FUEL
dc.subjectFRANCHISEES
dc.subjectFUEL
dc.subjectFUEL COST
dc.subjectFUEL COSTS
dc.subjectFUEL PRICES
dc.subjectFUEL SUPPLY
dc.subjectGENERATION
dc.subjectGENERATION ASSETS
dc.subjectGENERATION BUSINESS
dc.subjectGENERATORS
dc.subjectGOVERNMENT COMPENSATION
dc.subjectGOVERNMENT OWNERSHIP
dc.subjectGOVERNMENT SUPPORT
dc.subjectGRIDS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH IN DEMAND
dc.subjectGROWTH IN DEMAND FOR ELECTRICITY
dc.subjectHEAT
dc.subjectHEAT RATE
dc.subjectHOLDING
dc.subjectHOUSEHOLD SAVINGS
dc.subjectINDEPENDENT POWER PRODUCERS
dc.subjectINFLATION
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINFRASTRUCTURE DEVELOPMENT
dc.subjectINFRASTRUCTURE SECTOR
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINVESTMENT TARGETS
dc.subjectINVESTOR UNCERTAINTY
dc.subjectISSUANCE
dc.subjectJOINT VENTURE
dc.subjectJOINT VENTURES
dc.subjectKILOWATT-HOUR
dc.subjectKILOWATT-HOURS
dc.subjectLARGE CONGLOMERATES
dc.subjectLARGE CUSTOMERS
dc.subjectLEGAL FRAMEWORK
dc.subjectLNG
dc.subjectLOW TARIFFS
dc.subjectMARKET SHARE
dc.subjectMICROFINANCE
dc.subjectMOBILE PHONE
dc.subjectNATURAL GAS
dc.subjectOPEN ACCESS
dc.subjectOUTSOURCING
dc.subjectPAY CLAUSES
dc.subjectPAYMENT SYSTEMS
dc.subjectPEAK DEMAND
dc.subjectPERCENT RATE OF RETURN
dc.subjectPOLITICAL ECONOMY
dc.subjectPOTENTIAL INVESTORS
dc.subjectPOWER
dc.subjectPOWER COMPANY
dc.subjectPOWER CONSUMPTION
dc.subjectPOWER CONTRACTS
dc.subjectPOWER CORPORATION
dc.subjectPOWER COSTS
dc.subjectPOWER DEVELOPMENT
dc.subjectPOWER DISTRIBUTION
dc.subjectPOWER GENERATION
dc.subjectPOWER GRID
dc.subjectPOWER PLANT
dc.subjectPOWER PLANTS
dc.subjectPOWER PROCUREMENT
dc.subjectPOWER PRODUCER
dc.subjectPOWER PRODUCERS
dc.subjectPOWER PROJECT
dc.subjectPOWER PROJECTS
dc.subjectPOWER PURCHASE
dc.subjectPOWER PURCHASE AGREEMENTS
dc.subjectPOWER PURCHASES
dc.subjectPOWER REQUIREMENTS
dc.subjectPOWER SECTOR
dc.subjectPOWER SECTOR REFORM
dc.subjectPOWER SECTORS
dc.subjectPOWER SHORTAGES
dc.subjectPOWER SUPPLIERS
dc.subjectPOWER THEFT
dc.subjectPOWER TRANSMISSION
dc.subjectPRICE DISCOVERY
dc.subjectPRICE INCREASES
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE INVESTOR
dc.subjectPRIVATE INVESTORS
dc.subjectPRIVATE PARTIES
dc.subjectPRIVATE PARTY
dc.subjectPRIVATE SECTOR GENERATION CAPACITY
dc.subjectPRIVATE SECTOR PARTICIPATION
dc.subjectPROBABILITY OF DEFAULT
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTOR BANKS
dc.subjectPUBLIC SECTOR ENTITIES
dc.subjectPUBLIC SUBSIDIES
dc.subjectPUMPING
dc.subjectPURCHASING POWER
dc.subjectREGULATORY FRAMEWORK
dc.subjectRELIABILITY OF SUPPLY
dc.subjectRENEWABLE ENERGY
dc.subjectRENEWABLE ENERGY TECHNOLOGY
dc.subjectRESERVE
dc.subjectRESERVE BANK
dc.subjectRESIDENTIAL CUSTOMERS
dc.subjectREVENUE COLLECTION
dc.subjectREVENUE SHORTFALLS
dc.subjectREVERSE AUCTION
dc.subjectREVERSE AUCTIONS
dc.subjectRISK TOLERANCE
dc.subjectRURAL ELECTRIFICATION
dc.subjectSANITATION SECTOR
dc.subjectSOLAR ENERGY
dc.subjectSOLAR POWER
dc.subjectSOLAR PROJECTS
dc.subjectSOLAR THERMAL
dc.subjectSTATE UTILITIES
dc.subjectSTOCK MARKET
dc.subjectSTOCK MARKET BUBBLE
dc.subjectTARIFF STRUCTURES
dc.subjectTAX
dc.subjectTAX COLLECTIONS
dc.subjectTENDERS
dc.subjectTHERMAL POWER
dc.subjectTRANSMISSION GRID
dc.subjectTRANSMISSION LINE
dc.subjectTRANSMISSION LINES
dc.subjectTRANSPARENCY
dc.subjectUTILITIES
dc.subjectWIND
dc.subjectWINNING BIDDERS
dc.titlePrivate Participation in the Indian Power Sector : Lessons from Two Decades of Experienceen
dspace.entity.typePublication
okr.crosscuttingsolutionareaPublic-Private Partnerships
okr.date.disclosure2014-10-09
okr.doctypePublications & Research::Publication
okr.docurlhttp://documents.worldbank.org/curated/en/2014/10/20274155/private-participation-indian-power-sector-lessons-two-decades-experience
okr.globalpracticeEnergy and Extractives
okr.guid855761468041672781
okr.identifier.doi10.1596/978-1-4648-0339-0
okr.identifier.externaldocumentum000442464_20141009104537
okr.identifier.internaldocumentum20274155
okr.identifier.report91159
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/10/09/000442464_20141009104537/Rendered/PDF/911590PUB0Box3033900EPI02103390Oct2.pdfen
okr.region.administrativeSouth Asia
okr.region.countryIndia
okr.topicEnergy Technology and Transmission
okr.topicEnergy::Energy Production and Transportation
okr.topicPrivate Sector Development::E-Business
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInfrastructure Economics and Finance::Infrastructure Economics
okr.unitEnergy & Extractives - GP (GEEDR)
okr.volume1 of 1
relation.isAuthorOfPublication37f029f0-8c3e-5c13-be55-36d522a3ccfe
relation.isAuthorOfPublication.latestForDiscovery37f029f0-8c3e-5c13-be55-36d522a3ccfe
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
911590PUB0Box3033900EPI02103390Oct2.pdf
Size:
3.74 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
911590PUB0Box3033900EPI02103390Oct2.txt
Size:
578.16 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Directions in Development