The Indian power generation industry has undergone a paradigm shift during the past two decades largely due to private sector participation and restructuring of the sector. In order to assess the performance of the power generation sector, the present study takes data of 14 major states in India for the period 2000 to 2007 and estimates a stochastic translog production frontier. The decline in technical efficiency of the Indian power generation sector, as obtained from the econometric estimation, appears to indicate that it has failed to bring the desired results in terms of efficiency...
The Indian power generation industry has undergone a paradigm shift during the past two decades largely due to private sector participation and restru...
