In order to improve the health of State Electricity Boards (SEBs), measures like corporatization, unbundling, and setting up of regulatory commissions have been undertaken by the Government of India. However, these options have proved insufficient in the states which have experienced them. Therefore, privatization has been encouraged but that too has achieved limited success, since:

- both the above reforms and the bidding phase in the privatization process take time, and
- the investors do not want to commit financial resources due to lack of information and guarantees on the means and latitude they will have to internally restructure.

This book brings together ten specialists, with different ideological backgrounds who examine the issue of privatisation of SEBs and argue that this is not the only solution to the problem. Scholars involved in reforms, from the IIMs Ahmedabad and Banglore, IIT Kanpur, ASCI, Hyderabad, IPE Hyderabad, and CSH, New Delhi, have evaluated the current initiatives and outlined some action plans to be further studied or implemented, in order to overcome the present impasse. These are presented and discussed in this book; issues in the internal organization of SEBs, as well as in their relationship with external bodies have both been addressed.

Preface

List of Contributors

1. Overcoming the Power Trap- Joel Ruet

Part I: Internal Lock-ins, External Frictions

2. The ‘Enterprisation’ of the State Electricity Boards- Joel Ruet
3. Whither Electricity Reforms?- Gajendra Haldea

Part II: Tools: Between Reforming and Privatizing SEBs

4. Internal Audit as a Reform Technique for Power Sector in India- R K Mishra
5. Profit Centres as Instruments of Performance Enhancement of SEBs- V Ranganathan
6. Delegation of Power in SEBs under Management Contracts- Joel Ruet
7. Preparedness of State Electricity Board for Privatization- Puneet Chitkara, Prem K. Kalra and Rajiv Shehar
8. Restructuring Gujarat Electricity Board: Outline of Strategy and Proposal for Action- Sebastian Morris

Part III: Learning on ‘Models’

9. Andhra Pradesh Power Sector Reforms: Issues of Transition- Usha Ramachandra
10. Orissa Power Sector Reforms: Getting Back on Track- Sidharth Sinha
11. Developing Business Competence: A Model based on Viable Systems- D V Ramana
12. Practical Proposals for SEBs- Joel Ruet

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