A comprehensive study and analysis of power sector value chain in India
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Sita Mishra: Institute of Management Technology Rajnagar, Hapur Road, Ghaziabad, India
Management & Marketing, 2013, vol. 8, issue 1
The power sector is one of the most critical growth drivers for any country. The power sector in India is highly regulated by the government and is dependent on the policies framed regarding bidding for power projects, regulations regarding transmission of power between states and pricing of power supply to consumer is also decided by the government. In India, the passage of the Electricity Act, 2003 brought about an impetus in the sector which paved way for new reforms in it. India certainly needs a huge jump in its electricity supply to sustain its rapid economic growth and meet the growing demand; it needs to make every effort to efficiently manage all components of value chain. In order to provide adequate support to country’s growth aspirations, it is imperative that the sector scales its capacity up across the value chain and push reforms in requisite stages. This paper firstly presents the overview of Indian power sector followed by analysis of value chain of power sector in India -its current scenario as well as future prospects.
Keywords: power sector; value chain; power generation; transmission and distribution; power trading; smart grid. (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:eph:journl:v:8:y:2013:i:1:n:2
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