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1 Vol. 48, No. 1, January 2002

2 concurrent sector State Electricity Board: SEB 50 % SEB 21 6% 1991 SEB SEB 4 5 SEB 1990 I Calcutta Power Supply Corporation: CPSC 80 % licensee A 61

3 2 National Thermal Power Corporation: NTPC National Hydroelectric Power Corporation: NHPC SEB 1948 SEB 75 SEB SEB Independent Power Producer: IPP 6 SEB MW Bharat Heavy Electricals Limited % CPU, % % % 80 % 50 % 90 % 30 % 50 % MW % 19, , , , , , , , , n.a. n.a , IPP n.a. n.a , , , , , , % Planning Commission 2000 ; Power Line Resaerch 2000a. 62 Vol. 48, No. 1, January 2002

4 % II % 18.8 % 11.5 % 18.0 % % 13.9 % Planning Commission, % 16.3 % 18.2 % 15.5 % 25.2 % 18.7 % UP 19.8 % Power Line Research, 2001a 13 % UPS Uninterrupted Power Supply % 63

5 MW ,320 9,528 12,858 8,387 11, ,925 11,873 14,870 6,773 10,748 1,676 1,675 2,810 1,262 17,588 1,218 1,575 22,245 21,401 30,538 16,422 40,245 3,227 4,242 Ahluwalia 1998 ; Planning Commission % 3 % Central Electricity Authority: CEA % CEA, % Planning Commission 1992 and 2000 ; CPU % % III SEB 64 Vol. 48, No. 1, January 2002

6 SEB SEB SEB 3% 5 3% SEB SEB SEB 3% SEB % 4 SEB SEB 11.1% 4 SEB SEB % % 4 SEB % % kwh A B C 0% 3% % n.a n.a A B C 1kWh 50 Planning Commission

7 5 SEB % A B C A B C 1kWh 50 Planning Commission % SEB Planning Commission 2000 ; % 1kWh % 5 SEB , ,343 SEB % % % Ahluwalia, SEB 1 1kWh 6 SEB SEB IPP % SEB 23.2 % 20.3 % SEB 7.5 % 12.2 % SEB 66 Vol. 48, No. 1, January 2002

8 7 kwh, % Planning Commission % SEB SEB % % 7 SEB SEB ,906 1kWh 50 1, Planning Comission, SEB SEB 1, , SEB SEB SEB 1,025 SEB 67

9 % % % % Plannning Commission, 2000 SEB % % % SEB 60 % 54 % % Mehta, Vol. 48, No. 1, January 2002

10 kWh Roy, SEB 12 Ramanathan and Bhatiani, % 31.0% 67.6 % 31.7 % 8 SEB SEB SEB CPU 1995 ; Planning Commission

11 SEB 13 4 SEB SEB SEB % ,723.6 Planning Coommission, SEB ,149 Planning Commission, Power Line Research, 2000a IV MW 43.7 % 1 7,588MW 2 15 TEC Tata Electric Companies BSES Bombay Suburban Electric Supply 1970 IPP Vol. 48, No. 1, January 2002

12 6% IPP 3% IPP IPP 38 % SEB33 % 25 % 4% Power Line Research, 2000a IPP SEB IPP 100 % 92 3 SEB 16 % IPP IPP MW 17 3,693MW 16 4,876MW EIU, August 2000 SEB IPP MW 216MW 208MW 3 ABB EdF

13 9 MW 1 GE 740MW SEB GVK 216MW CMS ABB 208MW St-CMS 250MW CMN ABB 1040MW 1013MW GE 1082MW EdF Ib 500MW AES EIU July 2000 ; 1 Bharatiya Janata Party: BJP IPP Memorandum of Understanding: MoUPower Purchase Agreement: PPA 2 CEA 13 3 financial closure LNG 4 72 Vol. 48, No. 1, January 2002

14 SEB SEB SEB SEB Dabhol Power Company: DPC DPC GE MoU 92 6 MoU CEA 16 % CEA MSEB Mehata, MW CEA 11 CEA CEA 73

15 MSEB PPA 2 MSEB PPA 19 DPC MSEB DPC DPC MSEB MSEB DPC MSEB DPC MSEB DPC DPC DPC Reserve Bank of India: RBI BJP PPA PPA ,015MW 2,184MW BJP BJP DPC MW MSEB MSEB DPC MSEB DPC MSEB 80 % 2 1,444MW Vol. 48, No. 1, January 2002

16 DPC 5 MSEB PPA DPC 8 DPC 1 IPP SEB SEB SEB SEB V SEB Common Minimum National Action Plan for Power kWh SEB SEB SEB SEB BJP 75

17 United Front kWh % SEB 7 SEB SEB 4 24 SEB Vol. 48, No. 1, January 2002

18 1991 SEB SEB 1951 Kojima, SEB SEB Shahi, 2000 SEB 27 SEB SEB 28 77

19 10 SEB SEB SEB SEB 1996 OPGC OHPC GRIDCO 1997 GRIDCO 1999 WESCO NESCO AES OPGC 49% SOUTHCO CESCO BSES AES 51% GRIDCO 39% 10% 1998 HPDC HVGC UHBVN DHBVN 1999 AP Genco AP Tranco 1971 KPCL 1971 VVNL KPTCL UPUNL UPJUL UPPCL SEB Vol. 48, No. 1, January 2002

20 96 GRIDCO OPGC OHPC SEB WESCO SOUTHCO NESCO CESCO 4 GRIDCO GRIDCO % GRIDCO 39 % 10 % 3 BSES CESCO AES SEB SEB 1 SEB SEB Power Line Research, 2000a 6 8 Government of Uttar Pradesh, ,000 WESCO SOUTHCO NESCO BSES % 8 9% Power Line Research, 2000a CESCO AES 79

21 CESCO CESCO SEB SEB IPP IPP SEB IPP SEB SEB 80 Vol. 48, No. 1, January 2002

22 SEB SEB SEB SEB SEB SEB 12 A 1 Expert Group Electricity Department SEB R B 4 GDO Planning Commission, % % 6 SEB SEB CEA, SEB 70 % Devasahayam,

23 SEB % 31 7,000kWh % % 50.4 % % % % % Planning Commission, flat-rate structure 12 Morris, S SEB SEB 20.3 % S 25 % 40 % 25 % SEB 20.3 % 9.3 % Morris, Abraham, DPC 65 % MSEB 15 % GE 10 % 17 LNG 2,000MW 1kWh 0.073US MoU MSEB LNG % 20 % CEA 8% Mehta, Teeside 1MW Mehta, DPC 21 1kWh Mehta, BJP % 2 2 Power Trading Corporation The Economic Times, January 8 and 16, % The Economic Times, April 13, qualifying facility: QF QF IPP Vol. 48, No. 1, January 2002

24 10 SEB GHQ GHQ Infrastructure Development Finance Corporation: IDFC 210MW The Economic Times, February 14, NPCL RP 4 30 The Economic Times, March 6, Power Line Research, 2000a AES BSEC CESC TEC SEC NPCL 32 CESCO AES CESCO The Economic Times, July 28, Abraham, P. 2001, ÒWhat ails the MSEB?Ó The Economic Times, February 21. Ahluwalia, Montek S. 1998, ÒInfrastructure Development in IndiaÕs Reforms,Ó in I. J. Ahluwalia and I. M. D. Little eds., IndiaÕs Economic Development: Essays for Manmohan Singh Delhi: Oxford University Press. 2000, ÒState Level Performance under Economic Prospects: Advancing Policy Reform,Ó Economic and Political Weekly, May 6Ð12. Central Electricity Authority CEA 1997, Fourth national Power Plan: 1997Ð2012, New Delhi. 1998, Financial Performance Review of State Electricity Boards during 1991Ð92 to 1994Ð95, New Delhi. Council of Power Utilities CPU 1995, Power Development in India: 1995Ð96, New Delhi. Devasahayam, M. G. 2000, ÒCompulsions of Power,Ó in The Hindu Survey of Indian Industry 2000, Delhi. Expert Group Expert Group on the Commercialisation of Infrastructure Projects 1996, The Infrastructure Report: Policy Imperatives for Growth and Welfare, New Delhi, NCAER. EIU Economic Intelligence Unit various issues, Business India Intelligence, London. Government of Uttar Pradesh 1999, Uttar Pradesh Power Reform: Policy Statement, Lucknow. Kojima, Makoto 2001, ÒPower Sector Reform in India and the Japanese Experience,Ó in K. V. Kesavan ed., Economic Liberalization in India: Japanese & Indian Perspectives Delhi: 83

25 Indian Council of Social Science Research and MANAK. Mehta, Abhay 1999, Power Play: A Study of the Enron Project, Orient Longman, Mumbai. Morris, Sebastian 2000, ÒPower Sector Reforms and Regulation: The Road Ahead,Ó in Sebastian Morris ed., India Infrastructure Report 2001, Oxford University Press, New Delhi. Planning Commission 1992, Eighth Five Year Plan, 1992Ð97, New Delhi. 2000, Annual Report on the Working of State Electricity Boards and the Electricity Departments, New Delhi. Power Line Research 2000a, The SEB Report, Delhi. 2000b, SEB Financial Report, Delhi. Ramanathan, K. and Gaurav Bhatiani 1999, ÒBackground Paper,Ó in Leena Srivastava and S. K. Sarkar eds., Transition to a Liberalized Environment: Experience and Issues in Regulation, Tata Energy Research Institute, New Delhi. Ranganathan, V. 2001, ÒA Disappointing Order,Ó The Economic Times, January 17. Roy, S. N. 1996, ÒBlame it on agriculture,ó The Economic Times, December 18. Shahi, R.V. 2000, ÒManagement of Electricity Distribution in India: Some Myths and Realities,Ó India Power, vol. 8, no. 1 March OECF Research Paper, No Vol. 48, No. 1, January 2002

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