Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India

The Indian power sector suffers from considerable supply shortages. The Government of India (GoI) is addressing this problem both through a major new build program (including certain fiscal incentives for construction of larger and more efficient p...

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Bibliographic Details
Main Author: World Bank
Format: Policy Note
Language:English
en_US
Published: Washington, DC 2013
Subjects:
BID
GAS
TAX
Online Access:http://documents.worldbank.org/curated/en/2008/10/16465242/regulatory-study-encourage-energy-efficiency-through-investment-rehabilitation-coal-fired-generation-plant-india
http://hdl.handle.net/10986/12684
id okr-10986-12684
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
ALLOCATION OF RISKS
APPROACH
ASSET MANAGEMENT
ASSET MANAGEMENT PLAN
AVAILABILITY
BALANCE
BARRIER
BID
BIDS
BOILER
BOTTOM ASH
BURNERS
CALORIFIC VALUE
CAPITAL COSTS
CAPITAL EXPENDITURE
COAL
COAL CONSUMPTION
COAL SUPPLY
COALS
COMPETITIVE BIDDING
COMPETITIVE BIDDING PROCESS
COMPETITIVE MARKET
COMPETITIVE POWER MARKETS
COMPETITIVENESS
CONVERSION EFFICIENCY
COST OF CAPITAL
COST OF POWER
COST RECOVERY
DEBT
DEBT FINANCING
DEVELOPMENT BANK
DISINCENTIVE
DISTRIBUTION COMPANIES
DUE PROCESS
ECONOMIC BENEFITS
ECONOMIC EVALUATION
ECONOMIC VIABILITY
EFFICIENCY IMPROVEMENT
ELECTRICITY
ELECTRICITY GENERATION
ENERGY AUDIT
ENERGY EFFICIENCY
ENERGY REQUIREMENT
ENERGY REQUIREMENTS
ENERGY SHORTAGES
EQUIPMENT
EXPENDITURE
EXPENDITURES
FINANCE CORPORATION
FINANCIAL DISTRESS
FINANCIAL EVALUATION
FINANCIAL SAVING
FINANCIAL SUPPORT
FINANCIAL VIABILITY
FRANCHISE MODEL
FUEL
FUEL ASH
FUEL CONSUMPTION
FUEL COST
FUEL HEAT
FUEL QUALITY
FUEL SUPPLY
FUEL ­ OIL
FURNACE WALL
GAS
GAS TURBINE
GENERATING CAPACITY
GENERATION
GENERATION CAPACITY
GENERATION PRICE
GENERATORS
GREENHOUSE GASES
HEAT
HEAT RATE
HEAT RATES
HEAT TRANSFER
HEAVY FUEL OIL
HOLDINGS
INCREASE IN CAPACITY
INDEXATION
INFLATION
INSTITUTIONAL CAPACITY
INTEREST RATE
INTERNATIONAL BEST PRACTICE
INVESTING
INVESTMENT DECISION
INVESTMENT DECISIONS
INVESTMENT OPTION
INVESTMENT OPTIONS
INVESTMENT PLANNING
INVESTMENT REQUIREMENT
INVESTMENT REQUIREMENTS
JOINT VENTURE
LEAST COST PLANNING
LEGAL PROVISIONS
LIABILITY
LOAD FACTOR
LOAD FACTORS
LOAN
MARGINAL COST
MARGINAL COSTS
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ENVIRONMENT
MARKET FORCES
MARKET OVERSIGHT
MARKET PRICE
MARKET RATES
MARKET RISK
MARKET RISKS
OPEN ACCESS
OPEN MARKET
OPERATIONAL EFFICIENCY
OPERATIONAL RISKS
OUTPUTS
PEAK DEMAND
PERFORMANCE INDICATORS
PERFORMANCE TARGETS
PLANT OPERATION
PLANT OPERATIONS
PLANT OUTPUT
PLANT PERFORMANCE
PLANT SHUTDOWN
PORTFOLIO
POWER
POWER CORPORATION
POWER PLANT
POWER PLANTS
POWER PROCUREMENT
POWER PURCHASE
POWER PURCHASE AGREEMENTS
POWER PURCHASE PRICE
POWER PURCHASES
POWER PURCHASING COSTS
POWER REQUIREMENTS
POWER SECTOR
POWER STATION
POWER STATIONS
PRESENT VALUE
PRICE CAP
PRICE DISCOVERY
PRICE OF POWER
PRICE REGULATION
PRICE · VARIATIONS
PRICING REGIME
PRIVATE SECTOR INVESTOR
PRIVATE SECTOR PARTICIPATION
PURCHASING
QUALITY FUEL
RATE OF GROWTH
RATE OF INVESTMENT
RATE OF RETURN
REGULATOR
REGULATORS
REGULATORY BARRIERS
REGULATORY FRAMEWORK
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY SYSTEM
RETAIL
RETAIL TARIFFS
RETURNS
REVENUE CAP
RISK MANAGEMENT
RISK SHARING
SALE
SALES
SAVINGS
SERVICE PROVIDER
STEAM TURBINE
TARIFF STRUCTURE
TAX
THERMAL PLANT
THERMAL POWER
THERMAL POWER GENERATION
TRADING
UTILITIES
VARIABLE COST
VARIABLE COSTS
spellingShingle ACCOUNTING
ALLOCATION OF RISKS
APPROACH
ASSET MANAGEMENT
ASSET MANAGEMENT PLAN
AVAILABILITY
BALANCE
BARRIER
BID
BIDS
BOILER
BOTTOM ASH
BURNERS
CALORIFIC VALUE
CAPITAL COSTS
CAPITAL EXPENDITURE
COAL
COAL CONSUMPTION
COAL SUPPLY
COALS
COMPETITIVE BIDDING
COMPETITIVE BIDDING PROCESS
COMPETITIVE MARKET
COMPETITIVE POWER MARKETS
COMPETITIVENESS
CONVERSION EFFICIENCY
COST OF CAPITAL
COST OF POWER
COST RECOVERY
DEBT
DEBT FINANCING
DEVELOPMENT BANK
DISINCENTIVE
DISTRIBUTION COMPANIES
DUE PROCESS
ECONOMIC BENEFITS
ECONOMIC EVALUATION
ECONOMIC VIABILITY
EFFICIENCY IMPROVEMENT
ELECTRICITY
ELECTRICITY GENERATION
ENERGY AUDIT
ENERGY EFFICIENCY
ENERGY REQUIREMENT
ENERGY REQUIREMENTS
ENERGY SHORTAGES
EQUIPMENT
EXPENDITURE
EXPENDITURES
FINANCE CORPORATION
FINANCIAL DISTRESS
FINANCIAL EVALUATION
FINANCIAL SAVING
FINANCIAL SUPPORT
FINANCIAL VIABILITY
FRANCHISE MODEL
FUEL
FUEL ASH
FUEL CONSUMPTION
FUEL COST
FUEL HEAT
FUEL QUALITY
FUEL SUPPLY
FUEL ­ OIL
FURNACE WALL
GAS
GAS TURBINE
GENERATING CAPACITY
GENERATION
GENERATION CAPACITY
GENERATION PRICE
GENERATORS
GREENHOUSE GASES
HEAT
HEAT RATE
HEAT RATES
HEAT TRANSFER
HEAVY FUEL OIL
HOLDINGS
INCREASE IN CAPACITY
INDEXATION
INFLATION
INSTITUTIONAL CAPACITY
INTEREST RATE
INTERNATIONAL BEST PRACTICE
INVESTING
INVESTMENT DECISION
INVESTMENT DECISIONS
INVESTMENT OPTION
INVESTMENT OPTIONS
INVESTMENT PLANNING
INVESTMENT REQUIREMENT
INVESTMENT REQUIREMENTS
JOINT VENTURE
LEAST COST PLANNING
LEGAL PROVISIONS
LIABILITY
LOAD FACTOR
LOAD FACTORS
LOAN
MARGINAL COST
MARGINAL COSTS
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ENVIRONMENT
MARKET FORCES
MARKET OVERSIGHT
MARKET PRICE
MARKET RATES
MARKET RISK
MARKET RISKS
OPEN ACCESS
OPEN MARKET
OPERATIONAL EFFICIENCY
OPERATIONAL RISKS
OUTPUTS
PEAK DEMAND
PERFORMANCE INDICATORS
PERFORMANCE TARGETS
PLANT OPERATION
PLANT OPERATIONS
PLANT OUTPUT
PLANT PERFORMANCE
PLANT SHUTDOWN
PORTFOLIO
POWER
POWER CORPORATION
POWER PLANT
POWER PLANTS
POWER PROCUREMENT
POWER PURCHASE
POWER PURCHASE AGREEMENTS
POWER PURCHASE PRICE
POWER PURCHASES
POWER PURCHASING COSTS
POWER REQUIREMENTS
POWER SECTOR
POWER STATION
POWER STATIONS
PRESENT VALUE
PRICE CAP
PRICE DISCOVERY
PRICE OF POWER
PRICE REGULATION
PRICE · VARIATIONS
PRICING REGIME
PRIVATE SECTOR INVESTOR
PRIVATE SECTOR PARTICIPATION
PURCHASING
QUALITY FUEL
RATE OF GROWTH
RATE OF INVESTMENT
RATE OF RETURN
REGULATOR
REGULATORS
REGULATORY BARRIERS
REGULATORY FRAMEWORK
REGULATORY REGIME
REGULATORY REGIMES
REGULATORY SYSTEM
RETAIL
RETAIL TARIFFS
RETURNS
REVENUE CAP
RISK MANAGEMENT
RISK SHARING
SALE
SALES
SAVINGS
SERVICE PROVIDER
STEAM TURBINE
TARIFF STRUCTURE
TAX
THERMAL PLANT
THERMAL POWER
THERMAL POWER GENERATION
TRADING
UTILITIES
VARIABLE COST
VARIABLE COSTS
World Bank
Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
geographic_facet South Asia
India
description The Indian power sector suffers from considerable supply shortages. The Government of India (GoI) is addressing this problem both through a major new build program (including certain fiscal incentives for construction of larger and more efficient plant) and through rehabilitation (renovation and modernization or (R&M) as it is known in India) of existing coal fired plant. Around two-thirds of India's existing 65,000 MW of coal fired plant capacity is owned by State Government utilities, but much of this is reported to be in a poor condition, with low load factors and station heat rates of up to a 4,000 kcal/kWh. Current R&M activity is not keeping pace with the requirements. R&M implementation has lagged significantly behind the requirements over the 10th plan period (2002-07), and during the current 11th plan period nearly 13,000 MW of R&M is targeted. Specifically: section two sets out the context of the study; section three summarizes the constraints and barriers to energy efficient R&M in India, which are set out in further detail in annex four; section four provides a framework for the main options identified, given present state of the Indian power market and describes the key lessons from our review of international best practice, which are described in annex five; section five identifies the various options considered for this study; section six analyses the various options identified in terms of their effectiveness in addressing the barriers and constraints identified in section three; and section seven sets out our conclusions and recommendations for a regulatory framework that can more effectively support energy efficient R&M in India.
format Economic & Sector Work :: Policy Note
author World Bank
author_facet World Bank
author_sort World Bank
title Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
title_short Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
title_full Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
title_fullStr Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
title_full_unstemmed Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India
title_sort regulatory study to encourage energy efficiency through investment in rehabilitation of coal-fired generation plant in india
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2008/10/16465242/regulatory-study-encourage-energy-efficiency-through-investment-rehabilitation-coal-fired-generation-plant-india
http://hdl.handle.net/10986/12684
_version_ 1764421741108527104
spelling okr-10986-126842021-04-23T14:03:05Z Regulatory Study to Encourage Energy Efficiency through Investment in Rehabilitation of Coal-fired Generation Plant in India World Bank ACCOUNTING ALLOCATION OF RISKS APPROACH ASSET MANAGEMENT ASSET MANAGEMENT PLAN AVAILABILITY BALANCE BARRIER BID BIDS BOILER BOTTOM ASH BURNERS CALORIFIC VALUE CAPITAL COSTS CAPITAL EXPENDITURE COAL COAL CONSUMPTION COAL SUPPLY COALS COMPETITIVE BIDDING COMPETITIVE BIDDING PROCESS COMPETITIVE MARKET COMPETITIVE POWER MARKETS COMPETITIVENESS CONVERSION EFFICIENCY COST OF CAPITAL COST OF POWER COST RECOVERY DEBT DEBT FINANCING DEVELOPMENT BANK DISINCENTIVE DISTRIBUTION COMPANIES DUE PROCESS ECONOMIC BENEFITS ECONOMIC EVALUATION ECONOMIC VIABILITY EFFICIENCY IMPROVEMENT ELECTRICITY ELECTRICITY GENERATION ENERGY AUDIT ENERGY EFFICIENCY ENERGY REQUIREMENT ENERGY REQUIREMENTS ENERGY SHORTAGES EQUIPMENT EXPENDITURE EXPENDITURES FINANCE CORPORATION FINANCIAL DISTRESS FINANCIAL EVALUATION FINANCIAL SAVING FINANCIAL SUPPORT FINANCIAL VIABILITY FRANCHISE MODEL FUEL FUEL ASH FUEL CONSUMPTION FUEL COST FUEL HEAT FUEL QUALITY FUEL SUPPLY FUEL ­ OIL FURNACE WALL GAS GAS TURBINE GENERATING CAPACITY GENERATION GENERATION CAPACITY GENERATION PRICE GENERATORS GREENHOUSE GASES HEAT HEAT RATE HEAT RATES HEAT TRANSFER HEAVY FUEL OIL HOLDINGS INCREASE IN CAPACITY INDEXATION INFLATION INSTITUTIONAL CAPACITY INTEREST RATE INTERNATIONAL BEST PRACTICE INVESTING INVESTMENT DECISION INVESTMENT DECISIONS INVESTMENT OPTION INVESTMENT OPTIONS INVESTMENT PLANNING INVESTMENT REQUIREMENT INVESTMENT REQUIREMENTS JOINT VENTURE LEAST COST PLANNING LEGAL PROVISIONS LIABILITY LOAD FACTOR LOAD FACTORS LOAN MARGINAL COST MARGINAL COSTS MARKET CONDITIONS MARKET DEVELOPMENT MARKET ENVIRONMENT MARKET FORCES MARKET OVERSIGHT MARKET PRICE MARKET RATES MARKET RISK MARKET RISKS OPEN ACCESS OPEN MARKET OPERATIONAL EFFICIENCY OPERATIONAL RISKS OUTPUTS PEAK DEMAND PERFORMANCE INDICATORS PERFORMANCE TARGETS PLANT OPERATION PLANT OPERATIONS PLANT OUTPUT PLANT PERFORMANCE PLANT SHUTDOWN PORTFOLIO POWER POWER CORPORATION POWER PLANT POWER PLANTS POWER PROCUREMENT POWER PURCHASE POWER PURCHASE AGREEMENTS POWER PURCHASE PRICE POWER PURCHASES POWER PURCHASING COSTS POWER REQUIREMENTS POWER SECTOR POWER STATION POWER STATIONS PRESENT VALUE PRICE CAP PRICE DISCOVERY PRICE OF POWER PRICE REGULATION PRICE · VARIATIONS PRICING REGIME PRIVATE SECTOR INVESTOR PRIVATE SECTOR PARTICIPATION PURCHASING QUALITY FUEL RATE OF GROWTH RATE OF INVESTMENT RATE OF RETURN REGULATOR REGULATORS REGULATORY BARRIERS REGULATORY FRAMEWORK REGULATORY REGIME REGULATORY REGIMES REGULATORY SYSTEM RETAIL RETAIL TARIFFS RETURNS REVENUE CAP RISK MANAGEMENT RISK SHARING SALE SALES SAVINGS SERVICE PROVIDER STEAM TURBINE TARIFF STRUCTURE TAX THERMAL PLANT THERMAL POWER THERMAL POWER GENERATION TRADING UTILITIES VARIABLE COST VARIABLE COSTS The Indian power sector suffers from considerable supply shortages. The Government of India (GoI) is addressing this problem both through a major new build program (including certain fiscal incentives for construction of larger and more efficient plant) and through rehabilitation (renovation and modernization or (R&M) as it is known in India) of existing coal fired plant. Around two-thirds of India's existing 65,000 MW of coal fired plant capacity is owned by State Government utilities, but much of this is reported to be in a poor condition, with low load factors and station heat rates of up to a 4,000 kcal/kWh. Current R&M activity is not keeping pace with the requirements. R&M implementation has lagged significantly behind the requirements over the 10th plan period (2002-07), and during the current 11th plan period nearly 13,000 MW of R&M is targeted. Specifically: section two sets out the context of the study; section three summarizes the constraints and barriers to energy efficient R&M in India, which are set out in further detail in annex four; section four provides a framework for the main options identified, given present state of the Indian power market and describes the key lessons from our review of international best practice, which are described in annex five; section five identifies the various options considered for this study; section six analyses the various options identified in terms of their effectiveness in addressing the barriers and constraints identified in section three; and section seven sets out our conclusions and recommendations for a regulatory framework that can more effectively support energy efficient R&M in India. 2013-03-12T21:44:51Z 2013-03-12T21:44:51Z 2008-10 http://documents.worldbank.org/curated/en/2008/10/16465242/regulatory-study-encourage-energy-efficiency-through-investment-rehabilitation-coal-fired-generation-plant-india http://hdl.handle.net/10986/12684 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Policy Note Economic & Sector Work South Asia India