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연구정보

[경제] Breaking Down the Gap in DisCom Finances: Explaining the Causes of Missing Money

인도 국외연구자료 연구보고서 CSEP 발간일 : 2023-05-11 등록일 : 2023-06-02 원문링크

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Electricity distribution companies (DisComs) are the last leg in the vertically integrated chain of electricity sector that starts with generation. In India, they are also responsible for retailing power to consumers. Independent State Electricity Regulatory Commissions (SERCs) set retail tariffs (prices) meant to balance DisCom viability with consumer interest. Unfortunately, DisComs have sustained substantial financial and electricity losses for many years.

Barring Mumbai, which has retail competition, electricity distribution in India is a regulated, geographic monopoly; and DisComs operate on a costs-plus regulation model that is based on performance norms. If they perform, in theory, they should make the specified statutory rate of return. So, are their financial losses thus just a failure of performance? (Tyagi & Tongia, 2023) (in press)

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