In India as in many other nations, electricity regulation and policies have often stemmed from a view that it was a vital public good, and perhaps a natural monopoly; government control was therefore not only important, but helpful. Even as commercial viability gained importance, most regulation was based on costs-plus (rate of return), instead of unfettered market systems.
Implicit, if not explicit, in Indian policies have been steps towards universal access and pricing that makes ...Expand abstract
- Publication status:
- Peer review status:
- Peer reviewed
- Oxford Energy Forum
- February 2015
India’s electricity future: change is inevitable - how much, how fast?
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