Moreover, when considering the intertemporal distribution, it is necessary to look beyond simply the changes in steady state utility.
Under his suspension order, the state utility must first study on how the higher charges would affect the poor.
Dabhol and the state utility agreed in their contract to accept international arbitration.
This state utility at present has the consumer strength of over 68 Lakhs.
Ownership will then transfer to the state utility.
The company will probably serve the final termination notice soon to continue the legal process against the state utility, a company statement said.
Now, it accounts for more than $36 billion, thanks in part to aggressive privatization of state utility, mining and telecommunications companies.
But the government kept control of rates and did little to modernize the distribution system or put the state utilities on a commercial footing.
Outsiders can now sell power to the three state utilities, but not directly to customers.
California utility commissioners approved an incentive plan today for four state utilities to promote energy conservation.