Report of Indian Institute of Public Administration ... - Ministry of Power

Rajasthan
DRIVERS OF POWER SECTOR REFORMS
Main drivers of power sector reforms (in order of priority) according to Principal
Secretary, Rajasthan are:
(a) National consensus on power sector reforms, especially on pricing of power;
(b) Poor performance of the SEB in terms of high cost, inappropriate pricing,
inadequate expansion, unreliable power supply, etc.);
(c) Need to remove subsidies to the sector in order to release the State resources for
other priority areas;
(d) Inability of the State sector to finance needed expansion/modernisation
programmes; and
(e) Desire to raise revenues for the Government through sale of assets (disinvestment).
DESIRED OUTCOMES AND DELIVERABLES OF THE REFORMS (IN
ORDER OF PRIORITY)
The desired outcomes are deliverables are as under:
(a) More affordable access to electricity for consumers;
(b) Better quality of service to the consumers;
(c) Improvement in the fiscal position of the Government; and
(d) Redefining the role of the public sector.
FINANCIAL RESTRUCTURING
The financial restructuring was done on book value of assets.
Existing liabilities were settled in following manner:
Funds required for Rs crore Funds utilised from Rs crore
Set-off of subsidy receivables from
the State Government
2,671 Loans from Government [A] 1,662
Provision for overdue receivables 284 Consumer contribution 1,108
Set-off of other receivables from the
State Government
31 Capital reserves 232
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