Liberalization of Electric Power in India

Sanjeev S. Ahluwalia
Additional contact information
Sanjeev S. Ahluwalia: Finance Secretary, Government of Uttar Pradesh, Lucknow

Global Business Review, 2002, vol. 3, issue 2, 289-298

Abstract: This paper discusses the economics and politics of liberalization of electric power in India. It concludes that the liberalization of the power sector is premature. Even under ideal conditions, technology and the public benefits associated with power supply in developing countries necessitates at the very least intrusive regulation if not public ownership, as was earlier believed to be required. The time period for reform has been generally underestimated at around five to seven years. Based on the experience during the nineties, it is argued that a 15 year time frame is needed to move from government controls, intrusive regulation, financial instability, public sector domination and monopoly in supply, to financial balance, commercialization, privatization, limited competition and consumer choice and market-based regulation.

Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/097215090200300212 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:globus:v:3:y:2002:i:2:p:289-298

DOI: 10.1177/097215090200300212

Access Statistics for this article

More articles in Global Business Review from International Management Institute
Bibliographic data for series maintained by SAGE Publications ().