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首页> 外文期刊>World review of science, technology and sustainable development >An econometric approach for evaluating the cost efficiency in post reform era: empirical evidence from the Indian electricity supply industry
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An econometric approach for evaluating the cost efficiency in post reform era: empirical evidence from the Indian electricity supply industry

机译：评估后改革时代成本效率的计量经济学方法：来自印度电力供应行业的经验证据

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摘要

In Indian electricity supply industry, the state electricity regulatory commissions presently follow rate-of-return regulation for setting the retail tariff for distribution utilities. However, the current approach of tariff determination does not guarantee any incentives to the utilities to reduce their operating costs and often leads to arbitrary decision making. Accordingly, a performance-based regulatory mechanism has been recognised as an alternative approach to the traditional rate-of-return regulation and most of the state electricity regulatory authorities are now in the process of implementing performance-based regulation regime for setting the distribution tariff. This paper analyses the cost efficiency of 58 Indian electricity distribution utilities during the period 2008/09-2011/12. The estimated 'best' practice frontier could be used by Indian state electricity regulatory authorities as a benchmark to control utility's cost and further could be served to provide preliminary base for implementing performance based regulation in Indian electricity supply industry.
机译：在印度电力供应行业中，国家电力监管委员会目前遵循收益率法规，以设定配电公司的零售电价。但是，当前的电价确定方法不能保证公用事业降低其运营成本的任何诱因，并且常常导致任意决策。因此，基于性能的监管机制已被认为是传统回报率监管的替代方法，并且大多数国家电力监管机构目前正在实施基于性能的监管制度以设定配电电价。本文分析了2008 / 09-2011 / 12期间58家印度配电公司的成本效率。估计的“最佳”实践前沿可被印度国家电力监管机构用作控制公用事业成本的基准，并可进一步为在印度供电行业实施基于绩效的监管提供初步依据。

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