The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
The three large South Asian countries (India, Pakistan, and Bangladesh), which are the focus of this report, have drawn up large power capacity addition plans to provide for the rapidly increasing electricity demand in the region. The global financ...
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| Format: | Energy Study |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101101002436 http://hdl.handle.net/10986/2919 |
| Summary: | The three large South Asian countries
(India, Pakistan, and Bangladesh), which are the focus of
this report, have drawn up large power capacity addition
plans to provide for the rapidly increasing electricity
demand in the region. The global financial crisis (the
crisis), which became acute from September 2008 with the
collapse of Lehman Brothers, has had a widespread impact
across the world and across sectors through inducing
recessionary conditions including falling demand, freezing
financial markets, and loss of confidence. The purpose of
this report is to assess whether the ambitious plans of
these countries were adversely affected by the global
financial crisis, and where relevant, to be able to plan
better for such future shocks. The report is structured as
follows: it starts with the executive summary. After this
introductory chapter (chapter one), there are detailed
country chapters (chapter two to four) which, inter-alia,
map the different sources of financing available to the
power sectors in the three target countries and discuss how
these sources were affected by the crisis (if at all). An
important aspect of this assessment has been the attempt to
ring-fence the impact of the crisis per se on power sector
projects, as distinct from other policy, implementation, and
institutional capacity constraints that already exist. |
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