Alternative Development Paths: scope for mobilizing international resources for funding the power sector in IndiaThe Energy and Resources Institute (TERI), 2007 M01 1 - 322 pages India has emerged as a rapidly developing economy in the 21st century. However, to support this growth, India needs to modernize its electricity sector and increase its generating capacity in the coming years. This calls for substantial investment in the sector over the next few decades. The investments must be economically, socially, and culturally consistent with the needs of India. Such investments in the energy sector being long term in nature, appropriate choices must also be made from the perspective of technology and environment This publication focuses on various 'alternatives in development' to ensure future sustainability of India's electricity industry and generate policy options for both developing the power sector and mobilizing foreign resources. It also looks at the critical issue of how India can develop required institutional framework that can promote the modernization of the electricity sector by encouraging endogenous and exogenous sources of funding into specific areas, issues related to technology transfer and sustainable development, the role of donor agencies and climate change funds, etc. A three-pronged research strategy was adopted to untangle the issues facing the electricity sector in India. First, the research team carried out a literature survey covering scientific literature, reports, and policy documents. Second, it studied country-specific cases to understand the lessons learnt from specific outcomes of the work done by other countries. And third, the team interviewed various stakeholders from the private sector, government, multilateral institutions, non-governmental organizations, and academic community. The information thus gathered was finally synthesized and a SWOT (strengths, weaknesses, opportunities, and threats) analysis was carried out. This publication, titled Alternate development paths: scope for mobilizing international resources for funding the power sector in India, will be useful to policy-makers, financial analysts, academics, decision-makers in international development agencies, and those interested in India's power sector. |
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activities agencies agreements allocation Andhra Pradesh approved areas Asian Development Bank assistance bilateral CDM projects CIDA Clean Development Mechanism climate change companies context cost Dabhol Dabhol Power Company Delhi Details available developing countries Development Bank donors DSM programmes economic electricity sector electrification programme emissions energy efficiency ensure Environment environmental Eskom focus focused foreign investment framework fuel GEF projects global Global Environment Facility Government of India grid growth Gupta hydro impacts implementation industry infrastructure initiatives institutions Interviews investors IPPs issues JBIC Kyoto Protocol last accessed loans million Ministry modernization operations options partnerships Plan potential power sector Pradesh projects in India promote reduction reform regional regulatory renewable energy restructuring rural electrification SEBS small hydro social sources stakeholders strategy subsidies sustainable development tariff technical technology transfer thermal UNFCCC utilities World Bank