India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution
This report reviews the evolution of the Indian power sector since the landmark Electricity Act of 2003 (EA 2003, or EA), with a focus on distribution as key to performance and viability of the sector. While all three segments of the power sector g...
Main Author: | |
---|---|
Format: | Energy Study |
Language: | English en_US |
Published: |
Washington, DC
2014
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2014/06/19726521/more-power-india-challenge-distribution http://hdl.handle.net/10986/18868 |
id |
okr-10986-18868 |
---|---|
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 |
ACCESS TO ELECTRICITY ACCOUNTABILITY AFFORDABILITY AGGREGATE DEMAND AGRICULTURE ALLIANCE MODEL ALTERNATIVE ENERGY ALTERNATIVE ENERGY PROGRAM AMOUNT OF POWER APPROACH ASSETS AUCTIONS AUTHORITY AVAILABILITY BALANCE BENCHMARKING BENCHMARKS BIDDING FOR CONCESSIONS BILL COLLECTION BLOCK TARIFFS BORROWING BUILDING POWER PLANTS BULK POWER CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL COST CAPITAL MARKETS CAPITAL STRUCTURES CASH FLOW CASH-FLOW CENTRAL GOVERNMENT CLEAN ENERGY COAL COAL PRODUCTION COLLECTION EFFICIENCY COMMERCIAL BANKS COMMERCIAL RISKS COMPETITIVE BIDDING COMPETITIVE POWER MARKETS COMPETITIVE PROCUREMENT COMPETITIVENESS CONSTITUTION CONSUMER GROUPS CONSUMER WELFARE CONSUMERS CONSUMPTION LEVELS CONVENTIONAL GENERATION CORPORATE GOVERNANCE COST OF POWER COST OF SERVICE COST RECOVERY CREDITORS CREDITWORTHINESS CUSTOMER SATISFACTION CUSTOMER SERVICE DEBT DECISION MAKING DECISION-MAKING DECISION-MAKING AUTHORITY DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DISTRIBUTION COMPANIES DISTRIBUTION LOSSES DOMESTIC COAL DUE DILIGENCE ECONOMETRIC ANALYSIS ECONOMIC REFORMS ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY REGULATOR ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRIFICATION EMPOWERMENT ENERGY MARKETS ENERGY MIX EXCHANGE RATES EXPANSION OF TRANSMISSION EXPENDITURE EXPLICIT SUBSIDY FINANCES FINANCIAL ASSISTANCE FINANCIAL AUTONOMY FINANCIAL BURDEN FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL SUPPORT FINANCIAL VIABILITY FISCAL BURDEN FISCAL COSTS FISCAL DEFICIT FORECASTS FRANCHISEES FUEL FUEL USE GDP GENERATING CAPACITY GENERATION GENERATION CAPACITY GOVERNANCE REQUIREMENTS GOVERNMENT POLICY GRID EXTENSION GRID RENEWABLE ENERGY GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS HYDROPOWER INDEPENDENT POWER PRODUCERS INDEPENDENT REGULATION INEFFICIENCY INFORMATION SYSTEM INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY INSOLVENT INSTITUTIONAL FRAMEWORK INTERNATIONAL BANK INVESTMENT REQUIREMENTS JOB CREATION JOINT VENTURES KEY CHALLENGES KILOWATT-HOUR LACK OF ACCOUNTABILITY LEGISLATION LEGISLATURES LENDERS LENDING DECISIONS LIQUIDITY LOW TARIFF MAINTENANCE CONTRACTORS MANAGEMENT CONTRACTS MERCHANT MICROFINANCE MINE DEVELOPMENT MINISTRY OF FINANCE MONOPOLY NET WORTH OPEN ACCESS OPPORTUNITY COST OUTSTANDING LOANS OWNERSHIP SHARE PERFORMANCE TARGETS POWER POWER AVAILABILITY POWER CONSUMPTION POWER CORPORATION POWER DISTRIBUTION POWER GENERATION POWER GRID POWER PLANTS POWER PROCUREMENT POWER PRODUCERS POWER PURCHASE POWER PURCHASE AGREEMENTS POWER PURCHASE COSTS POWER PURCHASES POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIERS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROTECTION OF CONSUMERS PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INVESTMENT PUBLIC POWER PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIP RATES OF RETURN REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY CAPACITY RENEWABLE ENERGY GENERATION REPRESENTATIVES REVENUE COLLECTION REVENUE SHORTFALLS RURAL ELECTRIFICATION SOCIAL IMPACT ANALYSIS SOLAR ENERGY SOLAR POWER SPOT MARKET STATE BUDGET STATE CONTROL STATE FUNDS STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATE SUPPORT STATE UTILITIES SUPPLY CHAIN TARIFF BIDS TARIFF BLOCK TARIFF LEVELS TARIFF STRUCTURES TECHNICAL ASSISTANCE TECHNICAL SUPPORT THERMAL POWER THERMAL POWER PLANT THERMAL POWER PLANTS TOTAL COSTS TRANSACTION COSTS TRANSMISSION GRID TRANSMISSION LINES TRANSMISSION OWNERS TRANSMISSION SYSTEM TRANSPARENCY UNION URBAN AREAS UTILITIES UTILITY OPERATIONS VILLAGES VOTERS WIND |
spellingShingle |
ACCESS TO ELECTRICITY ACCOUNTABILITY AFFORDABILITY AGGREGATE DEMAND AGRICULTURE ALLIANCE MODEL ALTERNATIVE ENERGY ALTERNATIVE ENERGY PROGRAM AMOUNT OF POWER APPROACH ASSETS AUCTIONS AUTHORITY AVAILABILITY BALANCE BENCHMARKING BENCHMARKS BIDDING FOR CONCESSIONS BILL COLLECTION BLOCK TARIFFS BORROWING BUILDING POWER PLANTS BULK POWER CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL COST CAPITAL MARKETS CAPITAL STRUCTURES CASH FLOW CASH-FLOW CENTRAL GOVERNMENT CLEAN ENERGY COAL COAL PRODUCTION COLLECTION EFFICIENCY COMMERCIAL BANKS COMMERCIAL RISKS COMPETITIVE BIDDING COMPETITIVE POWER MARKETS COMPETITIVE PROCUREMENT COMPETITIVENESS CONSTITUTION CONSUMER GROUPS CONSUMER WELFARE CONSUMERS CONSUMPTION LEVELS CONVENTIONAL GENERATION CORPORATE GOVERNANCE COST OF POWER COST OF SERVICE COST RECOVERY CREDITORS CREDITWORTHINESS CUSTOMER SATISFACTION CUSTOMER SERVICE DEBT DECISION MAKING DECISION-MAKING DECISION-MAKING AUTHORITY DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DISTRIBUTION COMPANIES DISTRIBUTION LOSSES DOMESTIC COAL DUE DILIGENCE ECONOMETRIC ANALYSIS ECONOMIC REFORMS ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY REGULATOR ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRIFICATION EMPOWERMENT ENERGY MARKETS ENERGY MIX EXCHANGE RATES EXPANSION OF TRANSMISSION EXPENDITURE EXPLICIT SUBSIDY FINANCES FINANCIAL ASSISTANCE FINANCIAL AUTONOMY FINANCIAL BURDEN FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL SUPPORT FINANCIAL VIABILITY FISCAL BURDEN FISCAL COSTS FISCAL DEFICIT FORECASTS FRANCHISEES FUEL FUEL USE GDP GENERATING CAPACITY GENERATION GENERATION CAPACITY GOVERNANCE REQUIREMENTS GOVERNMENT POLICY GRID EXTENSION GRID RENEWABLE ENERGY GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS HYDROPOWER INDEPENDENT POWER PRODUCERS INDEPENDENT REGULATION INEFFICIENCY INFORMATION SYSTEM INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY INSOLVENT INSTITUTIONAL FRAMEWORK INTERNATIONAL BANK INVESTMENT REQUIREMENTS JOB CREATION JOINT VENTURES KEY CHALLENGES KILOWATT-HOUR LACK OF ACCOUNTABILITY LEGISLATION LEGISLATURES LENDERS LENDING DECISIONS LIQUIDITY LOW TARIFF MAINTENANCE CONTRACTORS MANAGEMENT CONTRACTS MERCHANT MICROFINANCE MINE DEVELOPMENT MINISTRY OF FINANCE MONOPOLY NET WORTH OPEN ACCESS OPPORTUNITY COST OUTSTANDING LOANS OWNERSHIP SHARE PERFORMANCE TARGETS POWER POWER AVAILABILITY POWER CONSUMPTION POWER CORPORATION POWER DISTRIBUTION POWER GENERATION POWER GRID POWER PLANTS POWER PROCUREMENT POWER PRODUCERS POWER PURCHASE POWER PURCHASE AGREEMENTS POWER PURCHASE COSTS POWER PURCHASES POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIERS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROTECTION OF CONSUMERS PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INVESTMENT PUBLIC POWER PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIP RATES OF RETURN REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY CAPACITY RENEWABLE ENERGY GENERATION REPRESENTATIVES REVENUE COLLECTION REVENUE SHORTFALLS RURAL ELECTRIFICATION SOCIAL IMPACT ANALYSIS SOLAR ENERGY SOLAR POWER SPOT MARKET STATE BUDGET STATE CONTROL STATE FUNDS STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATE SUPPORT STATE UTILITIES SUPPLY CHAIN TARIFF BIDS TARIFF BLOCK TARIFF LEVELS TARIFF STRUCTURES TECHNICAL ASSISTANCE TECHNICAL SUPPORT THERMAL POWER THERMAL POWER PLANT THERMAL POWER PLANTS TOTAL COSTS TRANSACTION COSTS TRANSMISSION GRID TRANSMISSION LINES TRANSMISSION OWNERS TRANSMISSION SYSTEM TRANSPARENCY UNION URBAN AREAS UTILITIES UTILITY OPERATIONS VILLAGES VOTERS WIND World Bank India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
geographic_facet |
South Asia India |
description |
This report reviews the evolution of the
Indian power sector since the landmark Electricity Act of
2003 (EA 2003, or EA), with a focus on distribution as key
to performance and viability of the sector. While all three
segments of the power sector generation, transmission, and
distribution are important, revenues originate with the
customer at distribution, so subpar performance there hurts
the entire value chain. Persistent operational and financial
shortcomings in distribution have repeatedly led to central
bailouts for the whole sector, even though power is a
concurrent 1 subject under the Indian constitution and
distribution is almost entirely under state control.
Ominously, the recent sharp increase in private investment
and market borrowing means power sector difficulties are
more likely to spill over to lenders and affect the broader
financial sector. Government-initiated reform efforts first
focused on the generation and transmission segments,
reflecting the urgent need for adding capacity and the
complexity of issues to be addressed at the consumer
interface. Consequently, distribution improvements have
lagged, but it is now clear that they need to be a priority.
This report thus analyzes the multiple sources of weakness
in distribution and identifies the key challenges to
improving performance in the short and medium term. |
format |
Economic & Sector Work :: Energy Study |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
title_short |
India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
title_full |
India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
title_fullStr |
India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
title_full_unstemmed |
India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution |
title_sort |
india power sector diagnostic review : more power to india - the challenge of distribution |
publisher |
Washington, DC |
publishDate |
2014 |
url |
http://documents.worldbank.org/curated/en/2014/06/19726521/more-power-india-challenge-distribution http://hdl.handle.net/10986/18868 |
_version_ |
1764443357147299840 |
spelling |
okr-10986-188682021-04-23T14:03:51Z India Power Sector Diagnostic Review : More Power to India - The Challenge of Distribution World Bank ACCESS TO ELECTRICITY ACCOUNTABILITY AFFORDABILITY AGGREGATE DEMAND AGRICULTURE ALLIANCE MODEL ALTERNATIVE ENERGY ALTERNATIVE ENERGY PROGRAM AMOUNT OF POWER APPROACH ASSETS AUCTIONS AUTHORITY AVAILABILITY BALANCE BENCHMARKING BENCHMARKS BIDDING FOR CONCESSIONS BILL COLLECTION BLOCK TARIFFS BORROWING BUILDING POWER PLANTS BULK POWER CAPACITY BUILDING CAPITAL ADEQUACY CAPITAL COST CAPITAL MARKETS CAPITAL STRUCTURES CASH FLOW CASH-FLOW CENTRAL GOVERNMENT CLEAN ENERGY COAL COAL PRODUCTION COLLECTION EFFICIENCY COMMERCIAL BANKS COMMERCIAL RISKS COMPETITIVE BIDDING COMPETITIVE POWER MARKETS COMPETITIVE PROCUREMENT COMPETITIVENESS CONSTITUTION CONSUMER GROUPS CONSUMER WELFARE CONSUMERS CONSUMPTION LEVELS CONVENTIONAL GENERATION CORPORATE GOVERNANCE COST OF POWER COST OF SERVICE COST RECOVERY CREDITORS CREDITWORTHINESS CUSTOMER SATISFACTION CUSTOMER SERVICE DEBT DECISION MAKING DECISION-MAKING DECISION-MAKING AUTHORITY DEVELOPMENT FINANCE DEVELOPMENT FINANCE COMPANY DISTRIBUTION COMPANIES DISTRIBUTION LOSSES DOMESTIC COAL DUE DILIGENCE ECONOMETRIC ANALYSIS ECONOMIC REFORMS ELECTRICITY ELECTRICITY CONSUMPTION ELECTRICITY REGULATOR ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRIFICATION EMPOWERMENT ENERGY MARKETS ENERGY MIX EXCHANGE RATES EXPANSION OF TRANSMISSION EXPENDITURE EXPLICIT SUBSIDY FINANCES FINANCIAL ASSISTANCE FINANCIAL AUTONOMY FINANCIAL BURDEN FINANCIAL DIFFICULTIES FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL SECTOR FINANCIAL SUPPORT FINANCIAL VIABILITY FISCAL BURDEN FISCAL COSTS FISCAL DEFICIT FORECASTS FRANCHISEES FUEL FUEL USE GDP GENERATING CAPACITY GENERATION GENERATION CAPACITY GOVERNANCE REQUIREMENTS GOVERNMENT POLICY GRID EXTENSION GRID RENEWABLE ENERGY GROSS DOMESTIC PRODUCT GROWTH RATE HOUSEHOLDS HYDROPOWER INDEPENDENT POWER PRODUCERS INDEPENDENT REGULATION INEFFICIENCY INFORMATION SYSTEM INFORMATION TECHNOLOGY INFRASTRUCTURE DEVELOPMENT INSOLVENCY INSOLVENT INSTITUTIONAL FRAMEWORK INTERNATIONAL BANK INVESTMENT REQUIREMENTS JOB CREATION JOINT VENTURES KEY CHALLENGES KILOWATT-HOUR LACK OF ACCOUNTABILITY LEGISLATION LEGISLATURES LENDERS LENDING DECISIONS LIQUIDITY LOW TARIFF MAINTENANCE CONTRACTORS MANAGEMENT CONTRACTS MERCHANT MICROFINANCE MINE DEVELOPMENT MINISTRY OF FINANCE MONOPOLY NET WORTH OPEN ACCESS OPPORTUNITY COST OUTSTANDING LOANS OWNERSHIP SHARE PERFORMANCE TARGETS POWER POWER AVAILABILITY POWER CONSUMPTION POWER CORPORATION POWER DISTRIBUTION POWER GENERATION POWER GRID POWER PLANTS POWER PROCUREMENT POWER PRODUCERS POWER PURCHASE POWER PURCHASE AGREEMENTS POWER PURCHASE COSTS POWER PURCHASES POWER SECTOR POWER SECTOR REFORM POWER SHORTAGES POWER SUPPLIERS PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE OPERATORS PRIVATE SECTOR PARTICIPATION PRIVATIZATION PROTECTION OF CONSUMERS PUBLIC FINANCE PUBLIC INFORMATION PUBLIC INVESTMENT PUBLIC POWER PUBLIC SECTOR PUBLIC-PRIVATE PARTNERSHIP RATES OF RETURN REGULATORY FRAMEWORK RENEWABLE ENERGY RENEWABLE ENERGY CAPACITY RENEWABLE ENERGY GENERATION REPRESENTATIVES REVENUE COLLECTION REVENUE SHORTFALLS RURAL ELECTRIFICATION SOCIAL IMPACT ANALYSIS SOLAR ENERGY SOLAR POWER SPOT MARKET STATE BUDGET STATE CONTROL STATE FUNDS STATE GOVERNMENT STATE POWER STATE SUBSIDIES STATE SUPPORT STATE UTILITIES SUPPLY CHAIN TARIFF BIDS TARIFF BLOCK TARIFF LEVELS TARIFF STRUCTURES TECHNICAL ASSISTANCE TECHNICAL SUPPORT THERMAL POWER THERMAL POWER PLANT THERMAL POWER PLANTS TOTAL COSTS TRANSACTION COSTS TRANSMISSION GRID TRANSMISSION LINES TRANSMISSION OWNERS TRANSMISSION SYSTEM TRANSPARENCY UNION URBAN AREAS UTILITIES UTILITY OPERATIONS VILLAGES VOTERS WIND This report reviews the evolution of the Indian power sector since the landmark Electricity Act of 2003 (EA 2003, or EA), with a focus on distribution as key to performance and viability of the sector. While all three segments of the power sector generation, transmission, and distribution are important, revenues originate with the customer at distribution, so subpar performance there hurts the entire value chain. Persistent operational and financial shortcomings in distribution have repeatedly led to central bailouts for the whole sector, even though power is a concurrent 1 subject under the Indian constitution and distribution is almost entirely under state control. Ominously, the recent sharp increase in private investment and market borrowing means power sector difficulties are more likely to spill over to lenders and affect the broader financial sector. Government-initiated reform efforts first focused on the generation and transmission segments, reflecting the urgent need for adding capacity and the complexity of issues to be addressed at the consumer interface. Consequently, distribution improvements have lagged, but it is now clear that they need to be a priority. This report thus analyzes the multiple sources of weakness in distribution and identifies the key challenges to improving performance in the short and medium term. 2014-07-09T16:17:39Z 2014-07-09T16:17:39Z 2014-06-12 http://documents.worldbank.org/curated/en/2014/06/19726521/more-power-india-challenge-distribution http://hdl.handle.net/10986/18868 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Energy Study South Asia India |