Obstacles to private power investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests that in the absence of requisite cost recovery, reform of sector policies and institutions alone, is unlikely to mobilise private investment for power development. The paper also suggests that far more focused attention and efforts than in the past need to be given to achieving adequate cost recovery as well as to implications of failure in achieving it

Obstacles to Private Power Investments in India

This paper aims to highlight the critical importance of cost recovery in attracting and sustaining private investment for power development. Based on a brief review of Indian experience, it suggests that in the absence of requisite cost recovery, reform of sector policies and institutions alone, is unlikely to mobilise private investment for power development. The paper also suggests that far more focused attention and efforts than in the past need to be given to achieving adequate cost recovery as well as to implications of failure in achieving it. [ADBI DP No. 20].private investment, India, development, sector, cost recovery, policies, institutions, India, Electricity Laws, power sector, finances, SEBs

Genome sequence of the human malaria parasite Plasmodium falciparum

The parasite Plasmodium falciparum is responsible for hundreds of millions of cases of malaria, and kills more than one million African children annually. Here we report an analysis of the genome sequence of P. falciparum clone 3D7. The 23-megabase nuclear genome consists of 14 chromosomes, encodes about 5,300 genes, and is the most (A + T)-rich genome sequenced to date. Genes involved in antigenic variation are concentrated in the subtelomeric regions of the chromosomes. Compared to the genomes of free-living eukaryotic microbes, the genome of this intracellular parasite encodes fewer enzymes and transporters, but a large proportion of genes are devoted to immune evasion and host-parasite interactions. Many nuclear-encoded proteins are targeted to the apicoplast, an organelle involved in fatty-acid and isoprenoid metabolism. The genome sequence provides the foundation for future studies of this organism, and is being exploited in the search for new drugs and vaccines to fight malaria