Post Electricity Act, 2003, the Indian Power Sector entered into a phase of market reforms, targeted largely at bringing competition in wholesale procurement of power. The benefits of power market developed thus far have been limited to distribution licensees and Open Access consumers, who have...

It gives me immense pleasure to present the first issue of Regulatory Insights, the quarterly newsletter of Centre for Energy Regulation (CER). Each issue aims to bring insights into key regulatory and policy developments in the power sector, accompanied with analysis based on CER's Regulatory...

The South Asia Region (SAR) continues to face electricity shortages, underinvestment and challenges to improve energy access. Strengthening cooperation for cross-border electricity trade in South Asia makes it possible for the region to take advantage of significant benefits from greater...

This paper examines the economics of the landed price of natural gas in India through the Iran-Pakistan-India pipeline in comparison with the existing agreements for the import of liquefied natural gas. It reviews the natural gas demand and supply scenario in India, and assesses the efficacy of...

Unscheduled Interchange (UI) mechanism has emerged as a powerful tool for maintaining grid discipline, penalizing the market players, causing deviations in the system. A buyer pays UI penalty for over-withdrawal of power more than the scheduled one based on the grid condition. Such buyers having...

As India is keen to develop large infrastructure projects where the private sector is expected to raise funds from the market, there is need to develop new financial instruments for the debt market as well as for risk capital.Securitization of debt allows banks and FIs to recycle their funds...

Electricity generation from renewable energy sources in India has been promoted through a host of fiscal policies and preferential tariff for electricity produced from the same. The fiscal policies include tax incentives and purchase of electricity generated through renewable energy sources. The...

Reduction of distribution losses is the key to sustainability of entire Indian power sector. Although sufficient emphasis has been placed on adoption of distribution loss reduction technologies (LRT) such as high voltage distribution system, it has not made significant inroads. Building on new...

Chinaâ??s current account surplus has declined to around one-quarter the peak reached before the global financial crisis. While this is a major reduction in Chinaâ??s external imbalance, it has not been accompanied by a decisive shift toward consumption-based growth. Instead, the compression...