Technical Efficiency of Thermal Power Generation in India: Post-Restructuring Experience - Couverture souple

Fatima, Sahba

 
9783659395949: Technical Efficiency of Thermal Power Generation in India: Post-Restructuring Experience

Synopsis

The Indian power generation industry has undergone a paradigm shift during the past two decades largely due to private sector participation and restructuring of the sector. In order to assess the performance of the power generation sector, the present study takes data of 14 major states in India for the period 2000 to 2007 and estimates a stochastic translog production frontier. The decline in technical efficiency of the Indian power generation sector, as obtained from the econometric estimation, appears to indicate that it has failed to bring the desired results in terms of efficiency improvement. The total factor productivity (TFP) of the power generation industry, which includes technical change, technical efficiency change, and scale change, however, has shown some improvement. Technical efficiency of the power generation industry is explained by technical manpower employed, per capita state domestic product, year of unbundling of State Electricity Boards (SEBs) and time variable which will open new dimensions for young scholars. The study concludes that inefficiency in Indian power sector is caused by the above mentioned factors rather than stochastic error.

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Présentation de l'éditeur

The Indian power generation industry has undergone a paradigm shift during the past two decades largely due to private sector participation and restructuring of the sector. In order to assess the performance of the power generation sector, the present study takes data of 14 major states in India for the period 2000 to 2007 and estimates a stochastic translog production frontier. The decline in technical efficiency of the Indian power generation sector, as obtained from the econometric estimation, appears to indicate that it has failed to bring the desired results in terms of efficiency improvement. The total factor productivity (TFP) of the power generation industry, which includes technical change, technical efficiency change, and scale change, however, has shown some improvement. Technical efficiency of the power generation industry is explained by technical manpower employed, per capita state domestic product, year of unbundling of State Electricity Boards (SEBs) and time variable which will open new dimensions for young scholars. The study concludes that inefficiency in Indian power sector is caused by the above mentioned factors rather than stochastic error.

Biographie de l'auteur

Sahba Fatima, M.Phil from Indira Ganhi National Open University,India, pursuing Ph. D. on Power Sector Reforms and Energy Efficiency in India.

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