Should electricity regulators promote competition?
Date
2011-03
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Publisher
Business Standard, New Delhi, IN
Abstract
The state electricity regulatory commissions have been vested with several critical roles under the Electricity Act 2003 which include the promotion of competition. Reforms in the electricity sector the world over have typically taken three forms: organizational reform of the incumbent; the introduction of competition; and the establishment of regulation. The three components are intimately connected and are found in some form in reform processes. However, electricity reforms in India seem to be missing the second component. To be able to implement reform that includes competition effectively, regulators must make political choices, something they are not equipped to do.
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Keywords
COMPETITION, REGULATIONS, INDIA, ELECTRICITY, POLITICAL REFORM
Citation
Malik P., & Dubash, N.K. (2011). Should electricity regulators promote competition?. Business Standard