Governance of Indian State Power Utilities : An Ongoing Journey

By the late 1990s, the technical and financial performance of the power sector in India had deteriorated to the point where the Government of India had to step in to bail out the state utilities, almost all of which were vertically integrated state...

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Bibliographic Details
Main Authors:	Pargal, Sheoli, Mayer, Kristy
Format:	Working Paper
Language:	English en_US
Published:	Washington, DC: World Bank Group 2014
Subjects:	ACCOUNTABILITY ACQUISITIONS ADEQUATE TRANSPARENCY ANNUAL REVENUE REQUIREMENT APPROACH ARTICLES OF ASSOCIATION AUDIT COMMITTEE AUDIT COMMITTEES AVAILABILITY BALANCE BOARD MEETINGS BOARD MEMBER BOARD MEMBERS BOARD MEMBERSHIP BOARDS OF DIRECTORS BUREAUCRACY BUSINESS ETHICS CADRES CASH FLOWS CENTRAL GOVERNMENT CEO CEOS CHIEF EXECUTIVE COMMERCIAL ACCOUNTING COMMERCIAL ENTITIES COMMERCIAL RISKS COMMERCIALIZATION COMPANIES ACT COMPANY LAW CONFEDERATION CONSTITUTION CONSUMER INTERESTS CONSUMER PROTECTION CONTROLLING SHAREHOLDERS CORPORATE BODIES CORPORATE DECISION CORPORATE EXECUTIVES CORPORATE GOVERNANCE CORPORATE MALFEASANCE CORPORATE PERFORMANCE CORPORATE SOCIAL RESPONSIBILITY CORPORATION DECISION MAKING DECISION-MAKING DECISION-MAKING AUTHORITY DISCLOSURE DISTRIBUTION COMPANIES DISTRIBUTION COMPANY DISTRIBUTION FUNCTIONS DISTRIBUTION SYSTEMS EFFICIENCY OF SERVICE EFFICIENCY OF SERVICE DELIVERY ELECTRICITY ELECTRICITY REGULATOR ELECTRICITY SECTOR ELECTRICITY SUPPLY ELECTRICITY SYSTEM ELECTRICITY TARIFFS ELECTRICITY UTILITIES ELECTRIFICATION EMPLOYMENT ENERGY EFFICIENCY FINANCIAL AUTONOMY FINANCIAL EVALUATION FINANCIAL INSTITUTIONS FINANCIAL PERFORMANCE FINANCIAL STATEMENTS FINANCIAL SUPPORT FIRM PERFORMANCE FRANCHISES GENERATION GOVERNANCE REQUIREMENTS GOVERNMENT APPROVAL GOVERNMENT DEPARTMENTS GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT PROGRAMS GOVERNMENT REPRESENTATIVES GOVERNMENT SUBSIDIES GOVERNMENT PERFORMANCE GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT DATA HOLDING COMPANIES HOLDING COMPANY HUMAN RESOURCE HUMAN RESOURCE POLICIES HUMAN RESOURCES HYDROPOWER HYDROPOWER GENERATION INCORPORATED INDEPENDENT AUDIT INDEPENDENT DIRECTOR INDEPENDENT DIRECTORS INDEPENDENT OVERSIGHT INDEPENDENT REGULATION INSTITUTIONAL STRUCTURE INVESTMENT DECISIONS JOINT VENTURE JOINT VENTURES LABOR UNIONS LEGISLATION LEGISLATURES LIMITED LTD. MANAGERIAL AUTONOMY MANAGERS METER READING MINISTRY OF FINANCE NETWORK INFRASTRUCTURE NETWORK PLANNING OPEN ACCESS OPEN COMPETITION OPERATIONAL EFFICIENCY OPERATIONAL PERFORMANCE PERFORMANCE INDICATORS PERFORMANCE OUTCOMES PERFORMANCE TARGETS POISON PILLS POLITICAL INTERFERENCE POLITICAL SENSITIVITY POLITICIANS POLLUTION POWER DISTRIBUTION POWER GENERATION POWER POLITICS POWER PROCUREMENT POWER SECTOR POWER SECTORS POWER SYSTEM PRIVATE COMPANY PRIVATE CORPORATION PRIVATE OWNERSHIP PRIVATE PARTICIPATION PRIVATE PARTNERSHIPS PRIVATE SECTOR PARTICIPATION PROFIT MAXIMIZATION PROXY PUBLIC ACCOUNTABILITY PUBLIC CORPORATIONS PUBLIC OWNERSHIP PUBLIC PARTICIPATION PUBLIC POLICY PUBLIC SECTOR PUBLIC SECTOR MODEL PUBLIC UTILITIES PUBLIC UTILITY PUBLIC WATER PUBLIC WATER UTILITIES QUALITY OF SERVICE REGULATORY FRAMEWORK REGULATORY FRAMEWORKS REGULATORY MECHANISMS RENEWABLE ENERGY REORGANIZATION REVENUE SHORTFALLS RIGHTS OF SHAREHOLDERS SERVICE PROVISION SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDER VALUE SHAREHOLDERS STAKEHOLDERS STATE CONTROL STATE GOVERNMENT STATE POWER STATE UTILITIES STATE-OWNED COMPANIES STATE-OWNED ENTERPRISES STOCK MARKETS STOCK PRICE SUBSIDIARIES SUCCESSOR COMPANIES SUCCESSOR COMPANY SUCCESSOR ENTITIES TARIFF SETTING TRANSPARENCY UNION UTILITY EMPLOYEES UTILITY OPERATIONS WATER UTILITIES
Online Access:	http://documents.worldbank.org/curated/en/2014/09/20268779/governance-indian-state-power-utilities-ongoing-journey http://hdl.handle.net/10986/20397