Efficiency of thermal power plants in India
Abstract
Thermal power industry plays a leading role
in power generation in India. This study
employs the stochastic frontier production
function methodology to measure the technical
efficiency of Indian thermal power plants using
latest available panel data. Efficiency varies
widely across firms and regions and is timevariant.
Mean technical efficiency increased
from 79 per cent in 1994-95 to 85 per cent
in 1996-97 which indicates that there is scope
for raising power production without employing
additional resources. The findings can aid
policy-makers and international agencies in
adopting appropriate strategies to improve
power generation in India.
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