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Rai reports on the positive impact of India's energy reforms

A review of India's recent energy reforms since 1998.

In an article published by UPenn's Center for the Advanced Study of India (CASI), PESD research fellow Dr. Varun Rai reports on the positive impact that India's major energy policy reforms have had since 1998. Rai asserts that these policies are the right platform for India's energy future: they will provide enough transparency and the right economic signals leading to the emergence of an efficient energy system in India. He also draws particular attention to the organizational instability facing the operationally-constrained state-owned firms that are exposed to market competition and to the dangers of decision-making without due consideration of the global dimensions of energy.