Title: Towards a sustainable FDI policy for power sector development

Authors: Neena Sinha; N.V. Kumar

Addresses: University School of Management Studies, Guru Gobind Singh Indraprastha University, Sector 16 C, Dwarka, Delhi-110075, India. ' National Power Training Institute, Sector-33, Faridabad-121003, India

Abstract: Foreign Direct Investment (FDI) and its infrastructure development potential has been the focus of management scholars for long. Indian power sector, marked by years of under-investment and ever increasing demands can also leapfrog by infusion of FDI. India has the potential to attract far more FDI in the power sector as compared to less than 4% of the nation|s total FDI that it attracts at present. The root of the problem is as much a question of inadequate reforms as it is of insufficient investment inflow. Therefore, we have undertaken this study that attempts to examine the determinants of FDI in order to enable Indian power sector to attract more FDI and to benefit from these capital inflows.

Keywords: India; Indian power sector; foreign direct investment; FDI; reforms; electricity industry; economic development; capital inflows.

DOI: 10.1504/IJSSM.2011.044352

International Journal of Sustainable Strategic Management, 2011 Vol.3 No.2, pp.109 - 125

Published online: 21 Feb 2015 *

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