Multi-Year Tariffs in India: Concepts and Implementation Issues [Programme]

7 August 2001
9:30-9:35 am Welcome/introduction to the Workshop
9:35:11:00 am Session 1: Incentive regulation – results from its application in the UK, Eastern Europe and FSU

David Kennedy

This would cover some of the main concepts of incentive regulation, and look at the results of its use in Electricity and Water distribution in selected countries in eastern Europe (Moldova is often held as a key example for this) and Kazakhstan. Interest on the latter case study would be in dealing with information issues and low efficiency levels and re-balancing of prices.

Chairman and Discussant
Prof. S L Rao
Former Chairman CERC

11:00-11:30 am Tea/Coffee
11:30 am-1:00 pm Session 2: Incentive regulation – an evaluation of options in India
Ian Alexander

A financial model would be used as an example Indian utility to look at the impact of choosing different forms of price control, all of which would be based on information available to regulators in the present Indian context.

Chairman and Discussant
Mr Rakesh Kacker
Senior Fellow, TERI

1:00-2:00 pm Lunch
2:00-3:30 pm Session 3: Interaction of MYT and privatization – international experience and lessons for India.

Panel to include
Mr Ian Alexander
Mr David Kennedy
Mr Geoff Hayton
Mr G P Rao
Mr Anish De
Mr P Neogi

3:30-4:00 pm Tea/coffee
4:00-5:30 pm Session 4: Legal issues in the implementation of MYTs
M G Ramachandran

This would cover the legal opinion received by Andhra Pradesh Electricity Regulatory Commission (APERC) on the use of multi year tariffs under the AP legislation. It could then be discussed to see if this is consistent with the implementation of a multi year price control.

Chairman and Discussant
Mr. D Lakshminarayana
Member, APERC

8 August 2001
9:30-10:00 am Session 5: Introduction and recap from day One’s key themes

Dr Leena Srivastava
Director, Regulatory Studies and Governance Division, TERI

10:00-11:30 am Session 6:
Breakout into groups to discuss different aspects of MYTs: like treatment of investment, tariff re-balancing and subsidies, losses and information issues. The participants would be split into a number of groups and would prepare a brief presentation for discussion in the plenary.
11:30-11:45 am Tea/Coffee
11:45 am -1:00 pm Session 7: Plenary to review break-out group discussions
1:00 pm Lunch