Opinion

Complacency on oil prices should not go on for long

16 Oct 2001 |
| The Financial Express

The first of the missile showers over Kabul did not bring any relief to oil producers. Brent, which closed at $21 and 5 cents a barrel on October 5, 2001, was at $20 and 50 cents on October 9. Oil traders are obviously not expecting any disruption in oil supply on account of the war in Afghanistan. However, as an oil consumer, India cannot be complacent about the oil price, especially as the United States has warned that the war could be carried beyond Afghanistan. If this means that Iraq may have to be hit, we may well see a repetition of 1990-91 when the price shot up from $20 a barrel to over $40.

Thermal power generation: Key issues in India

16 Oct 2001 |
Dr Y P Abbi
| TERI Newswire 7(19)

Electric power is the key to the economic development of the country. India currently has a peak demand shortage of around 14% and an energy deficit of 8.4%. Keeping this in view and to maintain a GDP (gross domestic product) growth of 8% to 10%, the Government of India has very prudently set a target of 215 804 MW power generation capacity by March 2012 from the present level of 100 010 MW as on March 2001, that is a capacity addition of 115 794 MW in the next 11 years.

President George W. Bush reneges on campaign promise

15 Oct 2001 |
Dr R K Pachauri
| The Newspaper Today

An extremely unfortunate development that threatens to halt and even reverse progress in the implementation of the Kyoto Protocol for mitigation of climate change, has been created by none other than the President of the US. President George W. Bush in a reversal of his campaign promise of September 29 wrote a letter last week to four conservative senators stating that he would take no action for reducing emissions of carbon dioxide from power plants in the US. As it happens, 50% of the power generated in the US uses coal, which makes the US the largest user of coal per capita, ahead of China and India. Utterly devoid of logic is President George W. Bush's statement on the Kyoto Protocol that it "exempts 80% of the world including, major population centres such as China and India, from compliance, and would cause serious harm to the US economy".

Can't ignore economic and strategic implications

10 Oct 2001 |
Dr R K Pachauri
| The Economic Times

The recent changes in global oil prices and the government's plans to go ahead with dismantling of the Administered Pricing Mechanism merit focussed attention on our strategies for management of the hydrocarbon industry in India and plans for ensuring security of energy supply.

Petroleum sector reforms: progress and prospects

05 Oct 2001 |
Asha Ram Sihag2
| The Hindu Business Line

The 31 March 2002, deadline of dismantling the Administered pricing mechanism for petro-products is now quite near and the question being asked is whether the Government is prepared for this final step. Seeking to lay these doubts at rest, the Petroleum Minister has declared that he is proceeding according to schedule. However, while inaugurating a seminar organised by TERI on August 31, he pointed out that there were many issues that needed to be resolved.

Evolving relationships under the new regulatory regime: the regulators and the government

01 Oct 2001 |
Mr Saif Hyder Hasan
| Regulateri (10)

The ongoing reforms in the power sector have brought in a change in the roles of players who have been providing policy directions, regulating and running the sector for over 50 years. New institutional entities are also getting established. A healthy relationship between these institutions is crucial to ensure sustained development of the sector and to realize the goals of reforms. This calls for not only a clear delineation of functions between the different functionaries but also for proper interpretation in implementation. In a transitional phase, this might pose some problems especially when each one is trying to adjust to its new role. The approach and attitude of the personnel concerned could also be an issue in this regard. An understanding of these from the perspective of the functionaries is important. TERI has recently taken up a study in this regard, with the support of the United Nations Development Program, which will address these relationship issues as well as the strategy for the evolution of the regulatory set-up in the power and telecom sectors. This article presents some of the findings, based on personal interactions with a number of stakeholders, on the relationship between the government and the regulators in the power sector in performing the crucial function of tariff setting.

Industrial energy conservation: issues for improving industrial operations

16 Sep 2001 |
Mr Kaushik Bhattacharjee
,
Ms Archana Tyagi
| TERI Newswire 7(17)

With the opening up of the Indian economy during the early nineties, the industrial sector has awaken to the need of reducing the cost of production thereby trying to make their products more competitive in the market. Energy has become one of the crucial areas where cost reduction is targeted. Efforts in this direction have lead to positive results. The specific energy consumption of some of the energy intensive sectors reflects this change. While these (there?) are reasons for the industries to feel proud of this positive change, a comparative analysis shows that the same industries are way behind their international competitors.

Why should bureaucrats, judges be regulators?

15 Sep 2001 |
Mr S Sundar
| The Times of India

Regulators should have a thorough knowledge of the sector they regulate and a vision for its future, and these qualities are not necessarily present in the civil service or the judiciary. However, a count of the chairpersons of the fourteen State Electricity Regulatory Commissions and the three Central Regulatory Commissions shows that 41 percent are retired bureaucrats, 23 percent retired judges, and 23 percent professionals; 13 percent of the posts are vacant.

Measuring and managing power sector reforms

04 Sep 2001 |
Dr R K Pachauri
| The Economic Times

Power sector reforms have been very much in the news, and given the precarious state of our power supply industry, the urgency of specific measures is now dawning on the leadership of political parties across the horizon.

Montreal Protocol: a success story of global cooperation

02 Sep 2001 |
Dr R K Pachauri
| TERI Newswire 7(17)

September 16 is celebrated as International Ozone Day, and the MoEF (Ministry of Environment and Forests), Government of India, needs to be congratulated for having observed this day in a series of events held in Hyderabad, Andhra Pradesh. Far too much attention has been provided in the past to doing things in the capital city of Delhi. But if environmental protection is to become part of our agenda in every sphere of activity, then it is essential that the message be understood and actions be implemented in the states of the Indian Union. The celebrations in Hyderabad were attended by the Hon'ble Union Minister of Environment and Forests, Mr T R Baalu; the Hon'ble Chief Minister of Andhra Pradesh, Mr Chandrababu Naidu; and the Secretary in the MoEF, Mr P V Jayakrishnan, among several others.