Performance of Indian Power Sector: A Methodological Review of Literature Post-Electricity Act, 2003

Kishore, L and Lakshmi, Bhat (2018) Performance of Indian Power Sector: A Methodological Review of Literature Post-Electricity Act, 2003. International Journal of Pure and Applied Mathematics, 119 (15). pp. 1597-1604. ISSN 1314-3395

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Abstract

Energy is the fundamental need of human being for almost all day-to-day activities. Given the scenario of increasing energy demand, it has been a litmus test for the power distribution utilities to operate and manage efficiently and economically, especially in developing nation like India. Various reform process has been launched and implemented in developing countries, mainly in the east, which faces technical and economic inefficiency along resource crunch (Jamasb, 2006; Singh, 2010). India is no exception to this scenario in addition to being the 3rd highest carbon dioxide emitter in the world. The Indian power sector was facing multi-faceted challenges prior to enactment of Electricity Act, 2003. Significant fundamental changes to the structure of the power industry have been evidenced post-enactment of the electricity act in terms of promoting competition within the sector apart from a flexible regulatory regime mainly for tariff determination. Much of the related concern revolves around the production and use of energy in developing countries, especially India since prosperity and economic growth of a country depends mainly on efficient utilization of energy, which is one of the key elements necessary for overall socio-economic development (Hegde and Ramachandra, 2014).

Item Type: Article
Subjects: Departments at MU > Commerce
Depositing User: department of Commerce
Date Deposited: 27 Jun 2018 11:10
Last Modified: 27 Jun 2018 11:13
URI: http://eprints.manipal.edu/id/eprint/151375

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