Delays in project implementation and the attendant cost overruns have been a regular feature in the electric power sector in Kerala. Almost all the public projects, including the prestigious major hydroelectric project of Idukki, have been the unfortunate victims of time and cost overruns on...

The present paper attempts at a contribution to peak load pricing, in both theory and application. The general result from the traditional theory that charges the off-peak consumers marginal operating costs only and the peak users marginal operating plus marginal capacity costs, since it is the...

The present paper attempts to analyse the implications of the relationship between reliability and rationing cost involved in a power supply system in the framework of the standard inventory analysis, instead of the conventional marginalist approach of welfare economics. The study is...

The present study is an attempt at a detailed diagnosis of the accumulated inefficiency in the Indian power sector, the consequent reform drives, and the political economy involved in these aspects. The discussion in the wider canvas of the national scenario is substantiated by focusing on the...

The present paper seeks to cast scepticism on the validity and value of the results of all earlier studies in India on energy demand analysis and forecasting based on time series regression, on three grounds. (i) As these studies did not care for model adequacy diagnostic checking, indispensably...

True to the spirit of a social-democratic State, India had originally evolved her power development policy, and shouldered that responsibility, in line with the State's professed commitment to honouring and ensuring social security equations. Though the State Electricity Boards (SEBs) were...

In this paper, we attempt at an analysis of the political economy of the Indian power sector with special reference to Kerala in the light of a generic model of the political economy of public utilities we develop in the first part of the paper. The model seeks to explain the political economy...