PERFORMANCE ASSESSMENT OF ELECTRICITY GENERATING UTILITIES IN INDIAN CONTEXT(Pre – Order)

Electricity is one of the key inputs for socio-economic development. Efficient provision of electricity contributes to poverty reduction by fuelling economic growth and enabling the fulfillment of the basic human needs of health and education. Provision of electricity is thus crucial for improving living standards, supporting development and job opportunities and fostering social activities. To meet the challenges of ever-increasing demand for electricity different models for reforming the power sector have been adopted in India. The initiation of reforms in the Electricity Sector in early 1990s, started with the aim of liberalizing the generation sector with the commencement of the independent power projects (IPP) policy. Following a decade of energy sector reforms in India, it is appropriate to ask the extent to which these reforms have benefited the power sector. This book analyses the impact of power sector reforms on Indian electricity generating companies through the selected application of benchmarking technique essential to calculate the performance indicators efficiency and productivity based on the performance indicators. This performance appraisal of generation companies would play a crucial role in defining regulatory policies. In a scenario of power shortage, the foremost objective is the optimum utilization of available power generation capacity. This matching of generation with demand can be better achieved only through proper and efficient working of the utilities. In short, the book focused on offering a way for developing an outline for incentives for utility efficiency and productivity levels through the introduction of competition among the utilities by providing suitable performance and cost benchmarks.