ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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WB-Orissa Model of Power Sector Reform-Cure Worse Than Disease

Girish Sant Subodh Wagle An analysis of the regulatory aspects of the much-vaunted Orissa model of power sector reform shows serious lacunae in the whole design. The Regulatory Commission (RC), which is the supreme decision-making authority, has complete autonomy and its decisions cannot be challenged in the courts or in any other appellate body. But the provisions for the RC's accountability are too weak and can be easily by-passed. Thus the structure is highly 'sabotage-prone' andean lead the power sector to a more serious and long-term crisis, making the cure worse than the disease. Yet many other states are jumping on the bandwagon of the World Bank-conceived Orissa model.

SEB Privatisation Transcending the Issue of Ownership

SEB Privatisation: Transcending the Issue of Ownership Subodh Wagle Girish Sant Shantanu Dixit WE are glad that EPW is continuing the debate on the important issue of power sector privatisation. Arun Ghosh, in his article (EPW, July 19) argues that APSEB has been working most efficiently and, with limited tariff hike, not just APSEB but all SEBs can raise the required resources for expansion. Hence, for him, privatisation of SEBs and their unbundling are not needed and are unnecessarily promoted by the World Bank and other pro-privatisation lobbies. To support his arguments, he cites data regarding plant availability, auxiliary consumption and the tariff hike required to achieve 3 per cent ROR. His opposition to privatisation arises mainly from fears of rent seeking by politicians and officials, expropriation of assets and excessive profiteering by the private sector and failure to arrive at sector-level optimality due to the proposed unbundling. He predicts that the proposed privatisation of APSEB will lead to high cost of power resulting in loss of access for rural consumers (including farmers) with adverse impacts on food security and development of rural areas.

Enron Renegotiations-Bungling by Government

Enron Renegotiations Bungling by Government Subodh Wagle The government has bungled the entire renegotiation issue. Having promised transparency, it cannot now take unilateral decisions on the project. The only solution is to set up a quasi-judicial tribunal to go into alt aspects of the project.

Dabhol Project PPA-Structure and Techno-Economic Implications

Structure and Techno-Economic Implications Girish Sant Shantanu Dixit Subodh Wagle This paper analyses the power purchase agreement (PPA) between Dabhol Power Company (DPC), the Enron subsidiary which is putting up the Dabhol power project, and the Maharashtra Electricity Board (MSEB). The different aspects of the PPA are examined and the techno-economic implications brought out.

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