Policy Notes : Indian Power Sector
This note lays out the implications for the financial sector and budget of the huge and increasing losses of Indian distribution companies (DisComs) and presents potential approaches to address the issue. It is divided into two parts: part one is a...
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| Format: | Policy Note |
| Language: | English en_US |
| Published: |
Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/20161457/india-policy-notes-indian-power-sector http://hdl.handle.net/10986/20588 |
| Summary: | This note lays out the implications for
the financial sector and budget of the huge and increasing
losses of Indian distribution companies (DisComs) and
presents potential approaches to address the issue. It is
divided into two parts: part one is approach to financial
sustainability of distribution business; and part two is
international experience on coal imports and mitigation of
market risk. The most urgent need is to address the problem
of financial distress of the utilities, while using the
crisis as leverage to implement regulatory and governance
reforms that will be essential to the longer-term
sustainability of any short-term actions agreed by the utilities. |
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