Incorporating Energy Cycle Externality Costs and Benefits in India's Power System Planning Mechanisms
The power sector in India plays a
fundamental role in the economic development process. The
country faces formidable challenges in meeting its energy
needs in an environmentally sustainable manner and at
reasonable costs. The planning and operation of the sector
has hitherto been conducted without due regard to the
environmental consequences. As a result, additions to
capacity in recent years have been sub-optimal. Moreover