The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report

The three large South Asian countries (India, Pakistan, and Bangladesh), which are the focus of this report, have drawn up large power capacity addition plans to provide for the rapidly increasing electricity demand in the region. The global financ...

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Bibliographic Details
Main Author: World Bank
Format: Energy Study
Language:English
Published: World Bank 2012
Subjects:
BID
CDS
IPO
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101101002436
http://hdl.handle.net/10986/2919
id okr-10986-2919
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AVAILABILITY OF CREDIT
BALANCE SHEETS
BANK CREDIT
BANK FINANCING
BANK LENDING
BANKING INSTITUTION
BANKING SECTOR
BANKING SYSTEM
BASIS POINTS
BID
BIDS
BOND
BORROWER
CAPITAL FORMATION
CAPITAL INVESTMENT
CAPITAL MARKET
CAPITAL MARKETS
CASH FLOWS
CASH RESERVE
CASH RESERVE RATIO
CDS
CENTRAL BANK
COLLATERAL
COMMERCIAL BANK
COMMERCIAL BANKS
COMPETITIVE BIDDING
CONTINGENT LIABILITIES
CONVERTIBLE BONDS
CORPORATE BOND
CORPORATE DEBT
CORPORATE DEBT MARKET
COUNTRY RISK
CREDIT AGENCIES
CREDIT AGENCY
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT ENHANCEMENTS
CREDIT GUARANTEE
CURRENCY DEPRECIATION
DEBT
DEBT DISBURSEMENTS
DEBT FINANCING
DEBT ISSUE
DEBT MANAGEMENT
DEBT-EQUITY
DEFICITS
DERIVATIVES
DERIVATIVES EXCHANGE
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DEVELOPMENT OF CORPORATE BOND MARKET
DISBURSEMENT
DISBURSEMENTS
DOMESTIC CURRENCY
DOMESTIC DEBT
DOMESTIC LIQUIDITY
DUE DILIGENCE
EMERGING MARKETS
ENABLING ENVIRONMENT
ENFORCEMENT OF CONTRACTS
EQUIPMENT
EQUITY CAPITAL
EQUITY FINANCING
EQUITY FLOWS
EQUITY INVESTMENT
EQUITY INVESTMENTS
EQUITY MARKET
EQUITY MARKETS
EQUITY RETURN
EQUITY RETURNS
EXCESS LIQUIDITY
EXCHANGE BOARD
EXCHANGE COMMISSION
EXCHANGE RATE
EXPENDITURE
EXPORT PERFORMANCE
EXPORTERS
EXTERNAL COMMERCIAL BORROWING
EXTERNAL COMMERCIAL BORROWINGS
EXTERNAL FUNDING
FARM LOAN
FINANCES
FINANCIAL CRISIS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCING OF INVESTMENT
FINANCING REQUIREMENT
FISCAL DEFICIT
FIXED ASSETS
FIXED CAPITAL
FIXED INVESTMENT
FOREIGN BANK
FOREIGN BANKS
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVE
FOREIGN EXCHANGE RESERVES
FOREIGN INFLOWS
FOREIGN INVESTMENT
FOREIGN INVESTMENT FLOWS
FOREIGN INVESTORS
GOVERNMENT BOND
GOVERNMENT BUDGET
GOVERNMENT GRANTS
GOVERNMENT GUARANTEE
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT SECURITIES
GOVERNMENT SUPPORT
GRANT ALLOCATION
GROSS DOMESTIC PRODUCT
HOME MARKETS
HUMAN RESOURCES
INFLATION
INFLATION RATE
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE FINANCE
INFRASTRUCTURE FINANCING
INFRASTRUCTURE INVESTMENTS
INITIAL PUBLIC OFFERING
INSTITUTIONAL INVESTORS
INSURANCE CORPORATION
INSURANCE POLICY
INTEREST RATE
INTEREST RATES
INTERNAL RATE OF RETURN
INTERNATIONAL BOND
INTERNATIONAL BOND MARKETS
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL INVESTORS
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVESTMENT REQUIREMENT
INVESTMENT REQUIREMENTS
INVESTMENT VEHICLES
INVESTOR DEMAND
IPO
ISLAMIC BANKING
ISLAMIC BANKS
ISSUANCE
LENDER
LENDERS
LENDING AGENCIES
LENDING LIMITS
LETTER OF CREDIT
LIFE INSURANCE
LIQUIDITY PROBLEMS
LIQUIDITY RATIO
LOAN
LOAN AMOUNTS
LOAN COVENANTS
LOAN WAIVER
LOCAL BANK
LOCAL BANKS
LOCAL CURRENCY
LOSS OF CONFIDENCE
MACROECONOMIC MANAGEMENT
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ENVIRONMENT
MONETARY POLICY
MONEY MARKETS
NATIONAL INVESTMENT
NATIONAL SAVING
OUTSTANDING GOVERNMENT DEBT
OWNERSHIP STRUCTURE
PARTIAL RISK
PAYMENT OBLIGATIONS
PENSION
PENSION REFORMS
PORTFOLIO
PORTFOLIOS
PRIMARY MARKET
PRIME LENDING RATE
PRIME LENDING RATES
PRIVATE DEBT
PRIVATE EQUITY
PRIVATE INVESTMENT
PRIVATE INVESTORS
PRIVATE SECTOR CREDIT
PUBLIC SPENDING
REAL ESTATE INVESTMENT
REGULAR PAYMENTS
REGULATORY AUTHORITY
REMITTANCE
REMITTANCES
REPAYMENT
REPO
REPO RATES
RESERVE BANK
RETURNS
RISK AVERSION
RISKY LOANS
SAVINGS RATE
SETTLEMENT
SOVEREIGN RATINGS
STATE BANK
STATUTORY LIQUIDITY
STOCK EXCHANGE
STOCK EXCHANGES
STRATEGIC INVESTORS
TERRORISM
TRADING
VALUATION
VALUATIONS
WORKING CAPITAL
WORLD FINANCIAL MARKETS
spellingShingle AVAILABILITY OF CREDIT
BALANCE SHEETS
BANK CREDIT
BANK FINANCING
BANK LENDING
BANKING INSTITUTION
BANKING SECTOR
BANKING SYSTEM
BASIS POINTS
BID
BIDS
BOND
BORROWER
CAPITAL FORMATION
CAPITAL INVESTMENT
CAPITAL MARKET
CAPITAL MARKETS
CASH FLOWS
CASH RESERVE
CASH RESERVE RATIO
CDS
CENTRAL BANK
COLLATERAL
COMMERCIAL BANK
COMMERCIAL BANKS
COMPETITIVE BIDDING
CONTINGENT LIABILITIES
CONVERTIBLE BONDS
CORPORATE BOND
CORPORATE DEBT
CORPORATE DEBT MARKET
COUNTRY RISK
CREDIT AGENCIES
CREDIT AGENCY
CREDIT DEFAULT
CREDIT DEFAULT SWAP
CREDIT ENHANCEMENTS
CREDIT GUARANTEE
CURRENCY DEPRECIATION
DEBT
DEBT DISBURSEMENTS
DEBT FINANCING
DEBT ISSUE
DEBT MANAGEMENT
DEBT-EQUITY
DEFICITS
DERIVATIVES
DERIVATIVES EXCHANGE
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DEVELOPMENT FINANCE
DEVELOPMENT OF CORPORATE BOND MARKET
DISBURSEMENT
DISBURSEMENTS
DOMESTIC CURRENCY
DOMESTIC DEBT
DOMESTIC LIQUIDITY
DUE DILIGENCE
EMERGING MARKETS
ENABLING ENVIRONMENT
ENFORCEMENT OF CONTRACTS
EQUIPMENT
EQUITY CAPITAL
EQUITY FINANCING
EQUITY FLOWS
EQUITY INVESTMENT
EQUITY INVESTMENTS
EQUITY MARKET
EQUITY MARKETS
EQUITY RETURN
EQUITY RETURNS
EXCESS LIQUIDITY
EXCHANGE BOARD
EXCHANGE COMMISSION
EXCHANGE RATE
EXPENDITURE
EXPORT PERFORMANCE
EXPORTERS
EXTERNAL COMMERCIAL BORROWING
EXTERNAL COMMERCIAL BORROWINGS
EXTERNAL FUNDING
FARM LOAN
FINANCES
FINANCIAL CRISIS
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL STABILITY
FINANCIAL STRUCTURE
FINANCING OF INVESTMENT
FINANCING REQUIREMENT
FISCAL DEFICIT
FIXED ASSETS
FIXED CAPITAL
FIXED INVESTMENT
FOREIGN BANK
FOREIGN BANKS
FOREIGN CURRENCY
FOREIGN CURRENCY DEBT
FOREIGN DEBT
FOREIGN DIRECT INVESTMENT
FOREIGN EXCHANGE
FOREIGN EXCHANGE RESERVE
FOREIGN EXCHANGE RESERVES
FOREIGN INFLOWS
FOREIGN INVESTMENT
FOREIGN INVESTMENT FLOWS
FOREIGN INVESTORS
GOVERNMENT BOND
GOVERNMENT BUDGET
GOVERNMENT GRANTS
GOVERNMENT GUARANTEE
GOVERNMENT GUARANTEES
GOVERNMENT PAPER
GOVERNMENT SECURITIES
GOVERNMENT SUPPORT
GRANT ALLOCATION
GROSS DOMESTIC PRODUCT
HOME MARKETS
HUMAN RESOURCES
INFLATION
INFLATION RATE
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE FINANCE
INFRASTRUCTURE FINANCING
INFRASTRUCTURE INVESTMENTS
INITIAL PUBLIC OFFERING
INSTITUTIONAL INVESTORS
INSURANCE CORPORATION
INSURANCE POLICY
INTEREST RATE
INTEREST RATES
INTERNAL RATE OF RETURN
INTERNATIONAL BOND
INTERNATIONAL BOND MARKETS
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL INVESTORS
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVESTMENT REQUIREMENT
INVESTMENT REQUIREMENTS
INVESTMENT VEHICLES
INVESTOR DEMAND
IPO
ISLAMIC BANKING
ISLAMIC BANKS
ISSUANCE
LENDER
LENDERS
LENDING AGENCIES
LENDING LIMITS
LETTER OF CREDIT
LIFE INSURANCE
LIQUIDITY PROBLEMS
LIQUIDITY RATIO
LOAN
LOAN AMOUNTS
LOAN COVENANTS
LOAN WAIVER
LOCAL BANK
LOCAL BANKS
LOCAL CURRENCY
LOSS OF CONFIDENCE
MACROECONOMIC MANAGEMENT
MARKET CONDITIONS
MARKET DEVELOPMENT
MARKET ENVIRONMENT
MONETARY POLICY
MONEY MARKETS
NATIONAL INVESTMENT
NATIONAL SAVING
OUTSTANDING GOVERNMENT DEBT
OWNERSHIP STRUCTURE
PARTIAL RISK
PAYMENT OBLIGATIONS
PENSION
PENSION REFORMS
PORTFOLIO
PORTFOLIOS
PRIMARY MARKET
PRIME LENDING RATE
PRIME LENDING RATES
PRIVATE DEBT
PRIVATE EQUITY
PRIVATE INVESTMENT
PRIVATE INVESTORS
PRIVATE SECTOR CREDIT
PUBLIC SPENDING
REAL ESTATE INVESTMENT
REGULAR PAYMENTS
REGULATORY AUTHORITY
REMITTANCE
REMITTANCES
REPAYMENT
REPO
REPO RATES
RESERVE BANK
RETURNS
RISK AVERSION
RISKY LOANS
SAVINGS RATE
SETTLEMENT
SOVEREIGN RATINGS
STATE BANK
STATUTORY LIQUIDITY
STOCK EXCHANGE
STOCK EXCHANGES
STRATEGIC INVESTORS
TERRORISM
TRADING
VALUATION
VALUATIONS
WORKING CAPITAL
WORLD FINANCIAL MARKETS
World Bank
The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
geographic_facet South Asia
description The three large South Asian countries (India, Pakistan, and Bangladesh), which are the focus of this report, have drawn up large power capacity addition plans to provide for the rapidly increasing electricity demand in the region. The global financial crisis (the crisis), which became acute from September 2008 with the collapse of Lehman Brothers, has had a widespread impact across the world and across sectors through inducing recessionary conditions including falling demand, freezing financial markets, and loss of confidence. The purpose of this report is to assess whether the ambitious plans of these countries were adversely affected by the global financial crisis, and where relevant, to be able to plan better for such future shocks. The report is structured as follows: it starts with the executive summary. After this introductory chapter (chapter one), there are detailed country chapters (chapter two to four) which, inter-alia, map the different sources of financing available to the power sectors in the three target countries and discuss how these sources were affected by the crisis (if at all). An important aspect of this assessment has been the attempt to ring-fence the impact of the crisis per se on power sector projects, as distinct from other policy, implementation, and institutional capacity constraints that already exist.
format Economic & Sector Work :: Energy Study
author World Bank
author_facet World Bank
author_sort World Bank
title The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
title_short The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
title_full The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
title_fullStr The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
title_full_unstemmed The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report
title_sort impact of the global financial crisis on investments in the electric power sector : the experience of india, pakistan, and bangladesh - final report
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101101002436
http://hdl.handle.net/10986/2919
_version_ 1764386160928358400
spelling okr-10986-29192021-04-23T14:02:05Z The Impact of the Global Financial Crisis on Investments in the Electric Power Sector : The Experience of India, Pakistan, and Bangladesh - Final Report World Bank AVAILABILITY OF CREDIT BALANCE SHEETS BANK CREDIT BANK FINANCING BANK LENDING BANKING INSTITUTION BANKING SECTOR BANKING SYSTEM BASIS POINTS BID BIDS BOND BORROWER CAPITAL FORMATION CAPITAL INVESTMENT CAPITAL MARKET CAPITAL MARKETS CASH FLOWS CASH RESERVE CASH RESERVE RATIO CDS CENTRAL BANK COLLATERAL COMMERCIAL BANK COMMERCIAL BANKS COMPETITIVE BIDDING CONTINGENT LIABILITIES CONVERTIBLE BONDS CORPORATE BOND CORPORATE DEBT CORPORATE DEBT MARKET COUNTRY RISK CREDIT AGENCIES CREDIT AGENCY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT ENHANCEMENTS CREDIT GUARANTEE CURRENCY DEPRECIATION DEBT DEBT DISBURSEMENTS DEBT FINANCING DEBT ISSUE DEBT MANAGEMENT DEBT-EQUITY DEFICITS DERIVATIVES DERIVATIVES EXCHANGE DEVELOPING COUNTRIES DEVELOPMENT BANK DEVELOPMENT FINANCE DEVELOPMENT OF CORPORATE BOND MARKET DISBURSEMENT DISBURSEMENTS DOMESTIC CURRENCY DOMESTIC DEBT DOMESTIC LIQUIDITY DUE DILIGENCE EMERGING MARKETS ENABLING ENVIRONMENT ENFORCEMENT OF CONTRACTS EQUIPMENT EQUITY CAPITAL EQUITY FINANCING EQUITY FLOWS EQUITY INVESTMENT EQUITY INVESTMENTS EQUITY MARKET EQUITY MARKETS EQUITY RETURN EQUITY RETURNS EXCESS LIQUIDITY EXCHANGE BOARD EXCHANGE COMMISSION EXCHANGE RATE EXPENDITURE EXPORT PERFORMANCE EXPORTERS EXTERNAL COMMERCIAL BORROWING EXTERNAL COMMERCIAL BORROWINGS EXTERNAL FUNDING FARM LOAN FINANCES FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL STABILITY FINANCIAL STRUCTURE FINANCING OF INVESTMENT FINANCING REQUIREMENT FISCAL DEFICIT FIXED ASSETS FIXED CAPITAL FIXED INVESTMENT FOREIGN BANK FOREIGN BANKS FOREIGN CURRENCY FOREIGN CURRENCY DEBT FOREIGN DEBT FOREIGN DIRECT INVESTMENT FOREIGN EXCHANGE FOREIGN EXCHANGE RESERVE FOREIGN EXCHANGE RESERVES FOREIGN INFLOWS FOREIGN INVESTMENT FOREIGN INVESTMENT FLOWS FOREIGN INVESTORS GOVERNMENT BOND GOVERNMENT BUDGET GOVERNMENT GRANTS GOVERNMENT GUARANTEE GOVERNMENT GUARANTEES GOVERNMENT PAPER GOVERNMENT SECURITIES GOVERNMENT SUPPORT GRANT ALLOCATION GROSS DOMESTIC PRODUCT HOME MARKETS HUMAN RESOURCES INFLATION INFLATION RATE INFRASTRUCTURE DEVELOPMENT INFRASTRUCTURE FINANCE INFRASTRUCTURE FINANCING INFRASTRUCTURE INVESTMENTS INITIAL PUBLIC OFFERING INSTITUTIONAL INVESTORS INSURANCE CORPORATION INSURANCE POLICY INTEREST RATE INTEREST RATES INTERNAL RATE OF RETURN INTERNATIONAL BOND INTERNATIONAL BOND MARKETS INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL INVESTORS INTERNATIONAL TRADE INTERNATIONAL TRADE LAW INVESTMENT REQUIREMENT INVESTMENT REQUIREMENTS INVESTMENT VEHICLES INVESTOR DEMAND IPO ISLAMIC BANKING ISLAMIC BANKS ISSUANCE LENDER LENDERS LENDING AGENCIES LENDING LIMITS LETTER OF CREDIT LIFE INSURANCE LIQUIDITY PROBLEMS LIQUIDITY RATIO LOAN LOAN AMOUNTS LOAN COVENANTS LOAN WAIVER LOCAL BANK LOCAL BANKS LOCAL CURRENCY LOSS OF CONFIDENCE MACROECONOMIC MANAGEMENT MARKET CONDITIONS MARKET DEVELOPMENT MARKET ENVIRONMENT MONETARY POLICY MONEY MARKETS NATIONAL INVESTMENT NATIONAL SAVING OUTSTANDING GOVERNMENT DEBT OWNERSHIP STRUCTURE PARTIAL RISK PAYMENT OBLIGATIONS PENSION PENSION REFORMS PORTFOLIO PORTFOLIOS PRIMARY MARKET PRIME LENDING RATE PRIME LENDING RATES PRIVATE DEBT PRIVATE EQUITY PRIVATE INVESTMENT PRIVATE INVESTORS PRIVATE SECTOR CREDIT PUBLIC SPENDING REAL ESTATE INVESTMENT REGULAR PAYMENTS REGULATORY AUTHORITY REMITTANCE REMITTANCES REPAYMENT REPO REPO RATES RESERVE BANK RETURNS RISK AVERSION RISKY LOANS SAVINGS RATE SETTLEMENT SOVEREIGN RATINGS STATE BANK STATUTORY LIQUIDITY STOCK EXCHANGE STOCK EXCHANGES STRATEGIC INVESTORS TERRORISM TRADING VALUATION VALUATIONS WORKING CAPITAL WORLD FINANCIAL MARKETS The three large South Asian countries (India, Pakistan, and Bangladesh), which are the focus of this report, have drawn up large power capacity addition plans to provide for the rapidly increasing electricity demand in the region. The global financial crisis (the crisis), which became acute from September 2008 with the collapse of Lehman Brothers, has had a widespread impact across the world and across sectors through inducing recessionary conditions including falling demand, freezing financial markets, and loss of confidence. The purpose of this report is to assess whether the ambitious plans of these countries were adversely affected by the global financial crisis, and where relevant, to be able to plan better for such future shocks. The report is structured as follows: it starts with the executive summary. After this introductory chapter (chapter one), there are detailed country chapters (chapter two to four) which, inter-alia, map the different sources of financing available to the power sectors in the three target countries and discuss how these sources were affected by the crisis (if at all). An important aspect of this assessment has been the attempt to ring-fence the impact of the crisis per se on power sector projects, as distinct from other policy, implementation, and institutional capacity constraints that already exist. 2012-03-19T10:24:45Z 2012-03-19T10:24:45Z 2010-01-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20101101002436 http://hdl.handle.net/10986/2919 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank Economic & Sector Work :: Energy Study South Asia