Malik, Kabir; Cropper, Maureen; Limonov, Alexander; … - 2019
in India improved operating efficiency at these power plants. Between 1995 and 2009, 85 percent of coal-based generation … capacity owned by state governments was unbundled from vertically integrated State Electricity Boards into state generating … companies. We find that generating units in states that unbundled before the Electricity Act of 2003 experienced reductions in …