Re: Enron

["Siva Karuturi" <siva@buydeal.com>]

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If you take the purchasing power of Rupee - not the exchange value - we pay
approximately - $ 12-$ 15 per gallon of gasoline - that should tell u a lot
about our energy and tax policies.

sivaram

----- Original Message -----
From: Manish Gupta <ml_gupta@hotmail.com>
To: <debate@indiapolicy.org>
Sent: Monday, January 15, 2001 10:38 AM
Subject: Re: Enron


> ---------------------------------------------------------------------
> Please help make the Manifesto better, or accept it, and propagate it!
> ---------------------------------------------------------------------
> Today while writing a check for the electricity bill, it came to my mind
to
> check how much  I pay for the electricity (I live in Northern Virginia,
> USA) per unit. I calculated and it came out to be approx. 7.17 cents KWH
>
> I did some research on the internet and came across this site
> "www.wattagemonitor.com" and I found out that generation and transmission
> price is 4.61 cents KWH.
>
> There is one more site "http://www.econsci.com/rates/rates.html"; giving
> info about electricity rate schedule for whole USA (Apparantly commercial
> and Industrial rate are cheaper than residential rate).
>
> Now here we are not talking about any subsidy.... and as far as I know
> Virginia Power is a profit making company....
>
> Now if I convert these prices to INR (1 USD approx = 46 INR) it comes out
> to be Rs. 3.29 and Rs. 2.12 respectively...
>
> I did a quick reasearch and found out that these prices are cheaper than
> the generation price quoted by lot of electricity boards in India...
>
> My question in this case is how come a company operating in an economy
> where average wages are very high as compared to the Indian economy is
able
> to deliver power cheaper than its Indian counterpart...
>
> Lot of people'll try to give answer like if Enron is allowed to produce
its
> 90% of the capacity the power'd be cheaper etc etc...
>
> So does that mean that Indian consumer is paying higher than its American
> counterpart for power (even if somebody says that power is subsidized,
> money of subsidy is in turn paid by the populace in one or the other
form)...
>
> Regards
>
> Manish
>
>
>
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> This is the National Debate on System Reform.       debate@indiapolicy.org
> Rules, Procedures, Archives:            ../debate/
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>


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This is the National Debate on System Reform.       debate@indiapolicy.org
Rules, Procedures, Archives:            ../debate/
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