Governance of Indian State Power Utilities An Ongoing Journey |
|
Author:
| Pargal, Sheoli Mayer, Kristy |
Series title: | Directions in Development - Energy and Mining Ser. |
ISBN: | 978-1-4648-0303-1 |
Publication Date: | Oct 2014 |
Publisher: | World Bank Publications
|
Book Format: | Paperback |
List Price: | AUD $46.95AUD $43.00 |
Book Description:
|
Examines the quality of corporate and regulatory governance in the Indian power sector. India's Electricity Act of 2003 mandated unbundling and corporatizing the vertically integrated state electricity boards, along with establishing independent regulators at the centre and in the states. This review assesses aspects of corporate governance that would be expected to increase the internal and external accountability of utilities; the institutional design of state-level regulation; and...
More DescriptionExamines the quality of corporate and regulatory governance in the Indian power sector. India's Electricity Act of 2003 mandated unbundling and corporatizing the vertically integrated state electricity boards, along with establishing independent regulators at the centre and in the states. This review assesses aspects of corporate governance that would be expected to increase the internal and external accountability of utilities; the institutional design of state-level regulation; and the extent to which regulators have implemented key elements of their mandate.