Friday, October 4, 2013

8 October 2013: Power Sector Reforms: The Journey of Improving Governance and Rural Supply

Ashish Khanna
The World Bank

By the late 1990s the technical and financial performance of the power sector in India had deteriorated to the point where the Government of India had to step in to bail out the state utilities, almost all of which were vertically integrated State Electricity Boards (SEBs). Considering that the dismal performance of state utilities reflected internal and external shortfalls in governance, the new Electricity Act of 2003 mandated the unbundling and corporatization of the SEBs, along with the establishment of independent regulators, as a means of bringing about a more accountable and commercial performance culture with concomitant results in terms of improving the performance of utilities. A decade later another financial restructuring plan, four times the amount of restructuring undertaken a decade back with increased ramifications on private and financial sector, was finalized and rolled out in 2013.

What has been the experience with corporatization and reform experience in states? How does the key issue of agricultural and rural supply experience fit in within the overall reform story?

Ashish Khanna, Lead Specialist and India Energy Team Leader of World Bank, would be sharing his own experience of working across ten states over last 13 years on reform related issues. The presentation (30 minutes followed by discussion) would also capture the outputs of recent work undertaken by World Bank on different approaches followed by states in managing rural supply, and broader lessons on corporatisation of state utilities and regulatory reforms at state power sector.

Date: October 8, 2013
Time: 04:00 P.M.

Conference Hall
Centre for Policy Research,
Dharma Marg, Chanakyapuri,
New Delhi–110021(INDIA)


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