Electric power industry restructuring in India: present scenario and future prospect
ABSTRACT Power industry restructuring, around the world, has a strong impact on Asian power industry as well. Indian power industry restructuring with a limited level of competition, since 1991, has already been introduced at generation level by allowing participation of independent power producers (IPPs). The new Electricity Act 2003 provides the provision of competition in several sectors. It is felt that the prevailing conditions in the country is good only for wholesale competition and not for the retail competition at this moment. A suitable model is suggested based on the current and future market participants.
Conference Paper: An electric power trading model for Indian electricity market[Show abstract] [Hide abstract]
ABSTRACT: In electric industry restructuring process, the main issue is to run the system in free and fair manner ensuring the desired quality of power to the consumers at most economical price through safe, secure and reliable operation of the power system. Although a number of market models are prevalent in the International arena, the same could not be directly adopted for Indian markets. Rather, a careful study of the existing models is to be carried out to evolve a model suitable to Indian conditions, which is easy to adopt, sustain and to take care of existing participants. With the enactment of Electricity Act 2003, along with other recent initiatives, Government of India has outlined the counters of a suitable enabling framework for the overall development of wholesale electricity market by introducing competition at various sectors. A restructured power trading model for Indian scenario within the boundary of legal framework is proposed in this research work. The proposed model is developed after in-depth discussions with major power traders in Indian electricity market to overcome most of the major issues currently faced by themPower Engineering Society General Meeting, 2006. IEEE; 01/2006
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ABSTRACT: Structure of power sector all-round the world is changing from regulated to deregulated environment to enhance the technical efficiency and financial viability through private sector participation thereby increasing competition. Asian developing countries are also motivated by the restructuring process and India is no exception to it. The Indian power sector has undergone significant changes since 1990 by opening gateway for the independent power producers (IPPs). This paper discusses the major policy and regulatory changes occurred since 1991 in chronological order in section III. Technical and economical performance of the power sector has been compared in relation to the pre and post electricity Act, 2003. In continuation, Malmquist Productivity Index is employed to determine productivity change for the period 1999–2005. The procedure adopted and the results are explained in details in section VI. The results of Malmquist Productivity will help to investigate the productivity change attributed by technological aspects.Transmission and Distribution Conference and Exposition, 2010 IEEE PES; 01/2010