Friday, November 30, 2007

'Power Grid initiated the bidding process as the CTU for the IPTC project'

Private participation in power transmission

Power generation and distribution have always garnered a greater share of news, compared to transmission, says Mr Tanmoy Mondal of Ernst & Young. “If the electricity sector has to grow with anefficient pricing mechanism, as conceived in the Electricity Act, 2003, ‘power transmission’ needs investment to match that for generation and distribution,” he adds, during the course of a recent e-mail interaction with Business Line.

A PGDM (IIM-Calcutta) and B.Tech (IIT-Kharagpur), Mr Mondal works with the Business Advisory Services of Ernst & Young. He has advised several clients in the energy sectors in India and abroad on matters related to process reengineering, reform and restructuring, financial modelling, policy and regulations, and private participation.

Excerpts from the interview:

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