Findings of doctoral study on Investor Risk and non-Collection of Electricity tariffs
Article from: OGEL 5 (2003), in Electricity Law and Regulation
Introduction
When I was given an opportunity to look at this problem at a doctoral level, I became very interested in the relationship between a utility's rate of revenue recovery, rate of non-technical power loss, and foreign investor residual risks. Fundamentally, I have wondered whether the question of investor confidence turns on sector and regulatory frameworks or whether it has more to do with a utility company's ability to meet financial and contractual commitments by paying for negotiated tariffs from recovered revenues. To study this more closely, I looked at four South Asian ...