The Electricity Act, 2003, was a landmark legislation aimed at reforming the Indian electricity industry. It facilitated the transition from a government-owned to a freely competitive regime. A competitive electricity market is as exciting as it is complex. This book takes you into the depth of understanding electricity, and into the realm of understanding the market mechanisms for trading electricity. The electric power which we receive in our houses is a bundled product. The book also discusses these interesting aspects viz-a-vis the California energy crisis, which has several lessons to offer for all stakeholders in the electricity industry.
ABOUT THE AUTHOR Vipul Shah
Vipul Shah holds a PG Diploma in Treasury and Forex Management from ICFAI. He has been a visiting faculty member at ICFAI Business School, Ahmedabad for a number of years. Presently, he is associated with the Adani Group as Deputy General Manager for energy businesses, and is an adjunct faculty member at ICFAI Business School, Ahmedabad. He has authored the book Understanding Competitive Electricity Markets, Volume I, which has been released by ICFAI Books. His forthcoming books include other two volumes of the same book, two edited books, viz. Corporatization of water and the Commerce of Environment, and an authored book The Hydrogen Economy.
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