October 14, 2004 - In the News
PESD publishes book on electricity reforms in India
With our partners at the Indian Institute of Management in Ahmedabad (India), PESD released a new book: "Electricity Reforms in India: Firm Choices and Emerging Generation Markets" (Delhi: Tata McGraw Hill); authors: P.R. Shukla, Thomas Heller, David Victor, Debashish Biswas, Tirthankar Nag, and Amee Yajnik. The book presents results from a major study on reforms in the Indian States of Gujarat and Andhra Pradesh. For more information on the book and the related research, please click on the link below.
The analysis is based on a survey of firm's choices of fuel, technology, ownership, investment and operational practices. The findings suggest that reforms have fragmented the generation market; creating heterogeneous ownership structures like IPPs, co-operatives, hybrids and captives alongside state and central government owned firms that command major market share. A key contribution of the book is the mapping of state level performance baselines that show the extent of contribution of the reforms to improvements in aggregate energy and emissions performance. The baselines reveal that the reforms have benign impact on energy efficiency; though the emission baselines do not show secular improvement, e.g. in Andhra Pradesh due to declining share of hydro. Analysis of the rising captive generation is another contribution of the book.