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Beyond crisis : the financial performance of India's power sector /

In September 2012, the Government of India approved a financial rescue scheme to revive the power generation sector. This bailout came in response to banks and financial institutions with large nonperforming loans to the power sector. This is the second bailout of the sector in a decade. The first w...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Khurana, Mani
Otros Autores: Banerjee, Sudeshna Ghosh, 1973-
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, DC : World Bank Group, ©2015.
Colección:World Bank studies.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Front Cover; Contents; Preface; Acknowledgments; Abbreviations; Executive Summary; Sector Finances Have Reached Crisis Proportions; Figures; Figure ES. 1 Profit (Loss) after Tax, 2003-11; Some States Have Performed Worse Than Others; Figure ES. 2 Accumulated Losses, by State, 2003-11; Banks and Other Financial Institutions Have Increased Their Support; Figure ES. 3 Power Sector Debt; Costs Have Been Driven Primarily by Power Procurement, Underpinned by Fuel Crisis; Figure ES. 4 Power Purchase Efficiency Scores; The Gap between Costs and Revenues Has Increased.
  • Figure ES. 5 Cost Recovery Performance, 2003-11The Financial Situation of the Power Sector Reflects a Complex Interplay between Utilities and Key Stakeholders; Figure ES. 6 Decomposition of Losses, 2003 and 2011; Efficiency Improvements in Upstream Generation Can Bring about Significant Savings; Financial Projections Suggest a Continued Slide until 2017; Figure ES. 7 Projected Change in Gap without Subsidy, 2011 and 2017; A Proposed Simple Tool to Monitor Sector Performance on a Regular Basis; Figure ES. 8 Best and Worst Performing States in the AHP Index.
  • A Few Areas of Continued Focus Can Go a Long Way to Improve Sector PerformanceNotes; Chapter 1The Genesis of India's Power Sector Reforms; The Reforms and Their Origins; Events Leading up to the Electricity Act, 2003; Figure 1.1 Peak and Energy Deficit; Figure 1.2 Timeline of Sector Unbundling and Establishment of Regulatory Commissions; Tables; Table 1.1 Comparative Assessment of Technical and Operational Indicators; Boxes; Box 1.1 The Electricity Act, 2003, and Subsequent Policies; Figure 1.3 Accumulated Losses, by State, 2003; Figure 1.4 Power Sector Structure, by State.
  • Accelerated Power Development and Reforms ProgramNotes; References; Chapter 2Deteriorating Sector Finances; A Snapshot of Sector Finances; Figure 2.1 Profit (Loss) after Tax, 2003-11; Figure 2.2 Profit (Loss) after Tax, by State, 2011; Figure 2.3 Accumulated Losses, by State, 2003-11; Table 2.1 Accumulated Losses across the Power Sector Value Chain, 2011; Figure 2.4 Evolution of Subsidies, 2003-11; Figure 2.5 Debt in the Power Sector; Cost and Revenue in the Distribution Segment; Figure 2.6 Analysis of Average Cost, 2011, and Compound Annual Growth Rate, 2003-11.
  • Figure 2.7 Composition of Total Costs, 2003-11Figure 2.8 Power Purchase Efficiency Scores; Figure 2.9 Energy Deficit Caused by Coal Shortages, 2012; Figure 2.10 Revenues in 2011 and Compound Annual Growth Rate; The Gap between Cost and Revenue; Figure 2.11 Cost Recovery Performance, 2003-11; Figure 2.12 Cost Recovery Performance with and without Subsidy; Figure 2.13 Evolution of the Cost-Revenue Gap; Figure 2.14 Decomposition of Losses in 2003 and 2011; Figure 2.15 Average Effective Tariff, by Consumer Group, 2012; Table 2.2 Tariff Performance and Utility Losses, 2011.