Power

With the growing resistance of the people in Andhra, the much hyped power reforms are slowly unravelling. The game plan of these reforms are quite clear: first restructure the state electricity boards and install regulatory … Read more

The sudden collapse of the Northern Grid should convince the people that the power sector is vital to their well-being. Indeed, the power sector today is a ticking time bomb that can very well de-stabilise … Read more

Please refer to your Public Notice regarding the Application filed by Delhi Vidyut Board for Tariff Increase. We give below our views on the same for your consideration.   The Delhi Vidyut Board has currently … Read more

The current power policies being followed in the country have been able to address neither the problems of shortages of supply in various parts of the country nor provide power to the people at affordable … Read more

The privatisation of Delhi Vidyut Board (DVB) has now gone from a public tender to one of private negotiations with private parties. After initially rejecting the bids of the only two bidders left in the … Read more

The last year has been a hectic one for the Power Sector. The Electricity Act 2003 has been passed in the Lok Sabha and Rajya Sabha. The CEA has produced its estimates of electricity demand … Read more

ENRON’S spectacular rise, and its even more dizzying collapse, is being felt far and wide. In a matter of six weeks — mid-October to end-November — Enron’s market capitalisation dissolved from $62 billion to zip, … Read more

Enron effectively imploded on Wednesday, 28th November, with Dynegy refusing to go ahead with its proposed merger deal. Enron’s shares are now trading for only a few cents and Enron is now heading towards an … Read more

Draft Electricity Bill is in its nth avatar[i] and is now going through its final round of consultations before being placed in the Parliament. The salient features of the Bill – still called Draft Electricity … Read more

ENRON, without any intimation or notice to the government of India or Maharashtra, has obtained an ex parte injunction from the High Court of Justice in London on 10th October 2001. This injunction prohibits the … Read more

THE Godbole committee, set up to examine Enron’s Dabhol Power Project, has clearly opined that power from this project was priced way beyond what was reasonable, and the decision-making process was neither “reasonable” nor “rational”. … Read more

As critics of Enron, we owe an apology to the nation for not bringing out the true nature of the Enron contract. Instead of Dhabol power costing Rs 4, and being a bad deal as … Read more