Governing Power: A New Institution of Governance, the Experience with Independent Regulation of Electricity

Front Cover
The Energy and Resources Institute (TERI), 2004 M01 1 - 484 pages
'Governing power' is a pioneering attempt to examine the experience with independent regulation of electricity in India to assess its efficacy as an alternative form of governance. It compares the electricity experience with that of independent regulation in the other countries, independent regulatory bodies in India, and old-style regulation by government departments. It evaluates the Indian model in context of its replication over other sectors of the economy. S L Rao's experience of having operationalized the concept in India, as the first Chairman of the Central Electricity Regulatory Commission, provides valuable insights. This book epitomizes the multidisciplinary expertise (linking economics, management, financial and cost accounting, and engineering) that electricity regulatory commissions must harness to effectively regulate the sector, despite high government ownership, strong utility?government linkages, inefficiencies, and weak commercial attitudes. The book tracks the emergence of regulatory law from the orders of regulatory bodies and courts; explores the concept of ?independence? and discusses the accountability of independent regulators (an issue not sufficiently explored till now); and suggests directions for future development of independent regulation. Governing power is relevant to any environment where independent regulation is introduced, more so in developing economies or where government ownership is dominant. It is extremely relevant to utilities (private and public), regulators, courts, professional managers, accountants, and consultants. It will benefit anyone interested in enhancing the quality of governance.
 

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Very good book for those doing Post-graduate research on regulatory governance especially as it relates to the new mode of the regulatory state.

Contents

Regulation and policy
13
What is independent regulation?
35
History of electricity in India
79
the international
117
Regulation of electricity in India
149
Effectiveness of electricity
197
the electricity
211
principles processes
263
Accountability
311
Future directions
345
Index
393
Appendices
411
Copyright

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Page 28 - Every rule made under this Act shall be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid...
Page 28 - ... before the expiry of the session in which it is so laid or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.
Page 30 - If any difficulty arises in giving effect to the provisions of this Act, the Central Government may, by order published in the Official Gazette, make such provisions, not inconsistent with the provisions of this Act as appear to it to be necessary or expedient for removing the difficulty...

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