The paper argues for a renewed emphasis on hydro generation, with a concerted effort to tackle the environmental issues. It also argues for dropping the concept of State Level planning for power sector so that the generators can be located near the mines' mouth or hydel locations and electricity...

Wise countries have long since recognized the importance of hydro power. North America has exploited 83% of its potential of 184 GW, and West Europe has exploited 98% of its potential of 118 GW. This is in contrast to 14% exploitation of 663 GW by Eastern Europe, 36% exploitation of 513 GW by...

Normally privatisation is resorted to by different economies for different reasons — resource mobilization, introducing efficiency by promoting competition, and for achieving commercial orientation. Often these are assumed to be independent objectives. The Indian experience is showing that...

The Indian Government is currently thinking of allowing private sector companies to participate in power sector by inviting them to generate electricity mainly from coal. The main motivation is resource mobilization from private sector, since the Plan funds are being diverted to rural...

With State Electricity Boards emerging as leading monopsonistic buyers from Independent Power Producers, their credit quality assessment is an important concern for IPPs and lenders. This paper provides an approach in the Indian context. The assessment is done along two dimensions viz assessment...