Synopsis
Electricity, one of the key infrastructure sectors, plays a very important role in socio-economic development of a country. Developing countries with significant gap in the provision of electricity have attempted to provide a conducive environment for investment in the power sector. Initiatives towards the same are evident in terms of opening up the sector for private and foreign investment, setting up of independent regulatory institutions and bringing regulatory and policy changes to enhance competition in the sector. However, scope, pace and sequence of such reforms varies across countries. This book provides a detailed overview of the reform process in the electricity sector in India since the early 1990s, highlighting the key policy changes that have led to opening up the sector for investment and competition in generation, transmission and the distribution segments. This book also provides an insight into in the reform process, through a comparative assessment, adopted in key developing economies including Argentina, Brazil, China (PRC), India, Mexico and Thailand. While the book does not attempt a comprehensive analysis of the way process of power reform has influenced private investment in the power sector in developing countries. This book would be useful for research scholars, advanced graduate students in economics, multi-lateral institutions, policy makers and regulators in India as well as other developing countries, who are embarking on a path to reform the power sector. The inferences derived from the research results presented here should help policy makers, development intuitions as well as regulatory institutions in choosing an appropriate path to reform as per the country specific conditions and help attract greater private investment in the sector.
About the Author
Dr. Anoop Singh holds a PhD in the area of energy economics from Indira Gandhi Institute of Development Research, Mumbai. He is also a graduate in Mechanical Engineering and a post graduate in Industrial Engineering. He is currently an Associate Professor at the Dept. of Industrial and Management Engineering, Indian Institute of Technology Kanpur. Before joining IIT Kanpur in 2001, he worked with the Indian Council for Research on International Economic Relations, New Delhi and the Haryana Electricity Regulatory Commission, Panchkula. His areas of interest include infrastructure regulation, policy and finance, power market reform and regulation, energy efficiency, renewable energy, energy and environment, project financing, energy economics and cross-border energy cooperation. He has undertaken a number of research/consultancy projects related to electricity/energy sector for a number of institutions including the World Bank, the UNCTAD, UNU/IAS, AIT, the University of Cambridge, and the Planning Commission. He has also contributed a number of regulatory and policy submissions with reference to formulation of regulations and policies. He has a number of conference, discussion and journal papers to his credit. He was also the Guest Editor to the International Journal of Energy Sector Management (special issue related to India). He is a Senior Member of IEEE, a member of International Association for Energy Economics (IAEE) and Life Member of Indian Economic Association (IEA). He was Member of the Working Group on Power for the 11th Five-Year Plan, Planning Commission, Government of India. He was also a member of the Core Group on Next Generation Networks (Licensing Issues), Telecom Regulatory Authority of India (TRAI) and Member, Electricity Contract Advisory Board of Multi Commodity Exchange of India (MCX), Mumbai. He is currently Member, Advisory Committee for Capacity Building of Distribution Personnel under RAPDRP, Ministry of Power and also a Member of the Research Advisory Committee of Council of Power Utilities, New Delhi.
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