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Multi-Year Tariffs in India: Concepts and Implementation Issues
TERI, New Delhi
7 - 8 August 2001
|
Presentations |
 Incentive regulation – results from its application in the UK,
Eastern Europe
and FSU
David Kennedy
[Presentation]
Incentive regulation – an evaluation of options in India
Ian Alexander
[Presentation]
Legal issues in the implementation of MYTs
M G Ramachandran
[Presentation]
Breakout session to discuss different aspects of MYTs: like treatment of investment, tariff re-balancing and
subsidies, losses and information issues
[Presentation] |
Programme
|
7 August 2001 |
| 9:30-9:35 am |
Welcome/introduction to the Workshop |
| 9:35:11:00 am |
Session
1: Incentive regulation – results from its application in the UK, Eastern
Europe and FSU
 David Kennedy
This would cover some of the main concepts of incentive
regulation, and look at the results of its use in Electricity and Water distribution in
selected countries in eastern Europe (Moldova is often held as a key example for this) and
Kazakhstan. Interest on the latter case study would be in dealing with information issues
and low efficiency levels and re-balancing of prices.
Chairman and Discussant
Prof. S L Rao
Former Chairman CERC |
| 11:00-11:30 am |
Tea/Coffee |
| 11:30 am-1:00 pm |
Session
2: Incentive regulation – an evaluation of options in India
Ian Alexander
A financial model would be used as an example
Indian utility to look at the impact of choosing different forms of price control, all of
which would be based on information available to regulators in the present Indian context.
Chairman and Discussant
Mr Rakesh Kacker
Senior Fellow, TERI |
| 1:00-2:00 pm |
Lunch |
| 2:00-3:30 pm |
Session
3: Interaction of MYT and privatization – international experience and
lessons for India. Panel to include
Mr Ian Alexander
Mr David Kennedy
Mr Geoff Hayton
Mr G P Rao
Mr Anish De
Mr P Neogi |
| 3:30-4:00
pm |
Tea/coffee |
| 4:00-5:30 pm |
Session
4: Legal issues in the implementation of MYTs
M G Ramachandran
This would cover the legal opinion received by Andhra
Pradesh Electricity Regulatory Commission (APERC) on the use of multi year tariffs under
the AP legislation. It could then be discussed to see if this is consistent with the
implementation of a multi year price control.
Chairman and Discussant
Mr. D Lakshminarayana
Member, APERC |
| 8 August 2001 |
| 9:30-10:00 am |
Session
5: Introduction and recap from day One’s key themes
Dr Leena Srivastava
Director, Regulatory Studies and Governance Division,
TERI
|
| 10:00-11:30
am |
Session
6:
Breakout into groups to discuss different aspects of
MYTs: like treatment of investment, tariff re-balancing and subsidies, losses and
information issues. The participants would be split into a number of groups and would
prepare a brief presentation for discussion in the plenary.
|
| 11:30-11:45
am |
Tea/Coffee |
| 11:45
am -1:00 pm |
Session
7: Plenary to review break-out group discussions |
| 1:00 pm |
Lunch |
| Background
material |
Procedures for the setting of allowed revenues for entities of natural monopoly
Draft for discussion [PDF 38.7KB]
Alexander
I and Harris C. 2001
Incentive regulation and multi-year
price controls: an application to the regulation of power distribution in IndiaChoice,
constraints and calculations [PDF 147KB]
Kennedy D. 2001
Power sector reform in transition economies [PDF 24.5KB]
Williamson B and Toft S. 2001
The appropriate role of yardstick methods in regulation [PDF 92.9KB]
NERA
Kennedy D
Regulatory reform and market development in power sectors of transition economies:
the case of Kazakhstan [PDF 80.6KB]
European Bank for reconstruction and development
Dobbs R and Elson M
Regulating utilities: Have we got the formula right? [PDF 228KB]
McKinsey
The Allen Consulting Group
The incorporation of service quality in the regulation of utility prices
[PDF 300KB]
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