Electricity Sector’s Continuing Crisis and Crony Capitalism

THE problems of the electricity sector have grown with the neoliberal reforms of the sector that started from the 90’s. The Enron style reforms introduced high cost private power into the grid in the 90’s, … Read more

The Crisis of the Power Sector Reforms – Part II

The story of the failure of the reforms will not be complete unless we also take into account the failure of the privatisation of distribution. This is what we will examine in the second part … Read more

The Crisis of the Power Sector Reforms – Part I

The crisis of the power sector reforms, carried out over the last three decades, particularly after enacting the 2003 Electricity Act, is now becoming worse. It is estimated that 25,000 MW of capacity today is … Read more

The Cost of Modi’s US Visit: Offering Rs. 2.8 lakh crore to Westinghouse

The 4th visit of Modi to the US has very little to show as achievements. No wonder, the headlines screamed about “the start of the preparatory work” on six nuclear reactors as a major achievement. … Read more

The Bankruptcy of Power Sector Reforms

The CAG Draft Report on Delhi’s Distcoms describing the Rs. 8,000 crore loot of consumers, follows on the heels of the Orissa Electricity Regulatory Commission’s (OERC) order, cancelling the licenses of the three Anil Ambani … Read more

CAG Report: The 8,000 crore Loot of Delhites by Reliance and Tata

The CAG Draft Report on the three private power distribution companies in Delhi, shows that the people of Delhi have been “overcharged” by a whopping Rs. 8,000 crore. The three companies – BSES Yamuna Power … Read more

Privatisation of the Electricity Sector and Its Repercussions

THE decision of Arvind Kejriwal’s government in Delhi to have the accounts of the three distribution companies (discoms) subjected to a CAG audit has had immediate repercussions. The three discoms are moving the courts against a CAG … Read more

Blacking out Truth About the Two Black outs

The Power Ministry and Power Grid — squarely responsible for the failure of the grid on two successive days 30th and 31st July — have been very successful in hoodwinking the the media about the … Read more

The Ultra Mega Power Project Manoeuvre

Backdoor Entry Of Failed Privatisation THE power scene is becoming curios and curioser. Just as the power privatisation dreams of the government has foundered on the cruel rock of reality – with the Orissa Regulator … Read more

The only Choice: Subsidise or Nationalise Enron

As critics of Enron, we owe an apology to the nation for failing to bring out the true nature of the Enron contract. Instead of Dhabol power costing Rs.4.00 and being a bad deal as … Read more

Power Sector Reforms – A Recipe For Disaster

WITH the adoption of new economic policy of liberalisation, privatisation and globalisation, the state has virtually abandoned its main responsibility towards the people. The government no larger feels committed to work for their welfare. In … Read more

The Andhra Electricity Tariff Hikes: the Real Face of Reforms

The sharp rise in tariffs for the domestic and the agricultural consumer in Andhra – as high as 245% for some of the consumers as shown in the table below — clearly indicates what is … Read more