1.

Record Nr.

UNINA9910459580903321

Autore

Mukherjee Mohua (Energy specialist)

Titolo

Private sector participation in the Indian power sector : lessons from two decades of experience / / Mohua Mukherjee

Pubbl/distr/stampa

Washington, District of Columbia : , : The World Bank, , 2014

©2014

ISBN

1-4648-0340-4

Descrizione fisica

1 online resource (185 p.)

Collana

Directions in Development

Disciplina

333.791/50954

Soggetti

Energy development - India

Electric utilities - India

Public-private sector cooperation - India

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references at the end of each chapters.

Nota di contenuto

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 Pressure General 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 Distribution Phase 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 India Figure 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 1990's; 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 Procurement Table 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

Prospects for Future Private Participation in Power Generation: What Is Holding Back Private Investors?

Sommario/riassunto

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