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Book Cover
E-book
Author Mukherjee, Mohua (Energy specialist), author.

Title Private participation in the Indian power sector : lessons from two decades of experience / Mohua Mukherjee
Published Washington, DC : World Bank Group, [2014]

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Description 1 online resource (xix, 160 pages) : illustrations
Series Directions in development energy and mining
Directions in development (Washington, D.C.). Energy and mining.
Contents Front Cover; Contents; Foreword; Acknowledgments; About the Author; Abbreviations; Overview; Tables; Table O.1 Installed Capacity of Indian Power Generation Assets; Figure O.1 Bank Exposure to Power Sector; Figure O.2 Growth Rate of Bank Credit to Select Sectors; Figures; Table O.2 Causes for Increasing Vulnerability of Corporate Entities; Table O.3 First Integrated Rating for State Power Distribution Utilities, March 2013; Lessons Learned from Two Decades of Efforts to Attract Private Investment in the Power Sector; Table O.4 Allocations of State Capacity under the National Solar Mission
Figure O.3 Summary of Electricity Value Chain under PressureGeneral Observations and a View Ahead; Notes; References; Chapter 1 Introduction to Private Sector Participation in the Indian Power Sector; The Prereform Period: From Independence to 1991; Box 1.1 The Green Revolution: Genesis of Free Power to the Agricultural Sector; Phase 1 (1991-95): The Opening of the Sector to Private Investment in Generation-Independent Power Producer Policy; Boxes; Phase 2 (1996-2003): Restructuring of SEBs, Introduction of Sector Regulators, and Initial Attempts at Privatization in Orissa and Delhi
Phase 3 (2003-12): Enactment of the Electricity Act and Subsequent Policy Initiatives to Introduce Competition and Create a Market in Generation, Transmission, and DistributionPhase 4: Investor Uncertainty at the Start of the 12th Five-Year Plan; Private Participation in Generation, Transmission, and Distribution; Notes; Reference; Chapter 2 Private Sector Participation in Thermal Generation; Key Messages; Importance of Power Generation; Placing the Indian Power Sector in an International Context; Figure 2.1 Growth of Private Sector in Power Generation Segment
Growth of Private Sector Participation in Power Generation in IndiaFigure 2.2 Evolution of Ownership of Power Generation Assets, 2007-12; Table 2.1 Installed Electricity Generation Capacity of the Most Populous Countries; Table 2.2 Installed Capacity of Indian Power Generation Assets; Independent Power Projects Policy of the Early 1990s; Key Issues in Implementation of the IPP Policy; Table 2.3 Eight Most Promising Fast-Track Projects; Intermediate Policy Initiatives for Private Sector Participation in Generation; Post-Electricity Act of 2003: Tariff-Based Competitive Bidding
Figure 2.3 Competitive ProcurementTable 2.4 Competitive Procurement Characteristics by Case; Table 2.5 Possible Tariff Structures for Case 1 and Case 2 Projects; Response of the Private Sector to Case 1 and Case 2 Procurement through Competitive Bidding; Table 2.6 Summary of Case 1 Bids; Table 2.7 Summary of Case 2 Bids, Other than UMPPs; Table 2.8 Status of Identified UMPP Projects; Comparison of Case 1 and Case 2 Bids with Noncompetitively Awarded (by Memorandum of Understanding) Projects; Figure 2.4 Case 1 Bids; Figure 2.5 Case 2 Bids
Summary The state of the Indian power sector today is an acknowledged constraint to the country's growth aspirations. This book 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. Seeking financing, efficiency, and project management skills from the private sector to complement public sector efforts, the state governments and the central government have invited private participation in power for the pas
Bibliography Includes bibliographical references
Notes Online resource; title from digital title page (viewed on November 17, 2014)
Subject Energy development -- India
Electric utilities -- India
Public-private sector cooperation -- India
BUSINESS & ECONOMICS -- Real Estate -- General.
Electric utilities
Energy development
Public-private sector cooperation
India
Form Electronic book
Author World Bank, issuing body.
ISBN 9781464803406
1464803404