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This paper addresses some important issues of regulatory institutions in India. The regulators should be chosen for their economic and technical understanding of the respective sectors. They should function as an agent for the government and the consumers of the regulated utility. The pros and...
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recover stranded costs in the process of utility deregulation. But they have been rationally silent about the converse problem … little voice in deregulation negotiations. If equity requires that utilities and their investors be compensated for stranded … costs in deregulation, then equity must also dictate that ratepayers be compensated for stranded benefits. Data and …
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