You need JavaScript to view this

Strategic Role of Financial Institutions in Sustainable Development of Indian Power Sector

Abstract

Paper focuses on appraisal of Indian power sector, its achievements and inadequacies, measures and initiatives taken by Government of India (GOI) and blueprint for the development of power sector in next five years i.e. XI Plan (2007-2012); the role played by various Financial Institutions, Banks, Bilateral/Multilateral agencies etc. with focus on role of Power Finance Corporation (PFC) in development and financing of Indian Power sector and in Institutional development of State power utilities by facilitating in their reform and restructuring process and improving their financial health; role played by PFC in implementation of various policies and programmes of GOI; its competitive edge in Indian financial sector and growth strategies for enriching the stakeholders' value and acting as a significant partner in the development of power sector and growth of the nation. The paper provides information on capacity addition planned along with matching transmission and distribution system in the next five years to achieve GOI's 'Mission 2012: Power for All'; estimated funds required; funds that can be generated both in the form of Debt and Equity; the funding gap; proposed measures to meet overall funding requirement for sustainable development of the power sector. (auth)
Authors:
Publication Date:
Jul 01, 2007
Product Type:
Conference
Resource Relation:
Conference: 20th World Energy Congress 2007, Rome (Italy), 11-15 November 2007
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; GOVERNMENT POLICIES; INDIA; ELECTRIC POWER INDUSTRY; SUSTAINABLE DEVELOPMENT; FINANCING
OSTI ID:
21108087
Research Organizations:
Power Finance Corporation of India, Ltd, New Delhi (India)
Country of Origin:
WEC
Language:
English
Other Identifying Numbers:
TRN: XX0701299
Availability:
Available in PDF from the World Energy Council (WEC) site at the following URL: http://www.worldenergy.org/documents/rome07/p001299.pdf
Submitting Site:
ETDE
Size:
17 pages
Announcement Date:
Dec 11, 2008

Citation Formats

Garg, V K. Strategic Role of Financial Institutions in Sustainable Development of Indian Power Sector. WEC: N. p., 2007. Web.
Garg, V K. Strategic Role of Financial Institutions in Sustainable Development of Indian Power Sector. WEC.
Garg, V K. 2007. "Strategic Role of Financial Institutions in Sustainable Development of Indian Power Sector." WEC.
@misc{etde_21108087,
title = {Strategic Role of Financial Institutions in Sustainable Development of Indian Power Sector}
author = {Garg, V K}
abstractNote = {Paper focuses on appraisal of Indian power sector, its achievements and inadequacies, measures and initiatives taken by Government of India (GOI) and blueprint for the development of power sector in next five years i.e. XI Plan (2007-2012); the role played by various Financial Institutions, Banks, Bilateral/Multilateral agencies etc. with focus on role of Power Finance Corporation (PFC) in development and financing of Indian Power sector and in Institutional development of State power utilities by facilitating in their reform and restructuring process and improving their financial health; role played by PFC in implementation of various policies and programmes of GOI; its competitive edge in Indian financial sector and growth strategies for enriching the stakeholders' value and acting as a significant partner in the development of power sector and growth of the nation. The paper provides information on capacity addition planned along with matching transmission and distribution system in the next five years to achieve GOI's 'Mission 2012: Power for All'; estimated funds required; funds that can be generated both in the form of Debt and Equity; the funding gap; proposed measures to meet overall funding requirement for sustainable development of the power sector. (auth)}
place = {WEC}
year = {2007}
month = {Jul}
}