Assessment of Power Sector Reforms in Asia: Experience of Georgia, Sri Lanka, and Viet Nam: Synthesis Report

Asian Development Bank (adb), Asian Development Bank (adb) (), Asian Development Bank (adb) and Asian Development Bank (adb)
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Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB
Asian Development Bank (adb): Economic Research and Regional Cooperation Department, ADB

No RPT157414-2, ADB Reports from Asian Development Bank (ADB)

Abstract: This report examines three economies in different parts of Asia—Georgia, Sri Lanka, and Viet Nam—that introduced power sector reforms in recent years to create a commercially viable and efficient power sector. Each took a different route in moving away from a monopoly state-owned utility toward the common goal of a competitive, market-based, and better-regulated power sector. This report documents the broad spectrum of their power sector reform efforts, experiences, and relative successes as well as shortfalls, then uses international standard indicators to assess their economic, social, and environmental outcomes. Other economies should be able to draw valuable lessons and insights from this report for their own power-sector planning and policy and strategy formulation.

Keywords: power sector; Georgia; Sri Lanka; Viet Nam; power sector reforms; retail competition; privatization; wholesale power market; competitive power market; transmission and distribution; unbundling; power generation; tariff setting; tariff reform; power supply security; economic outcomes; social outcomes; environmental outcomes; market-based regulation; power sector planning (search for similar items in EconPapers)
Pages: 116 pages
Date: 2015-06
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