The transformer ; This case study on Gujarat power sector details the key steps the government took to bring about the change, which was carried out in a manner fair to all stakeholders.

Executive Summary: Gujarat's power sector was in a shambles in2001, when Narendra Modi became chief minister. A decade later it isin the forefront of states that have carried out sweeping powerreforms, as a result of which it now has surplus power. This casestudy details the key steps the government took to bring about thechange, which was carried out in a manner fair to all stakeholders.

When Narendra Damodardas Modi took over as chief minister ofGujarat in October 2001, he found the state's power situation grim.The Gujarat State Electricity Board, or GSEB, had posted a loss ofRs 2,246 crore for 2000/01, on revenues of Rs 6,280 crore. Interestcosts alone were Rs …