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Despite it's now well-known technical prowess, a large proportion of the Indian rural population still does not have access to electricity. Further, the Government of India has been exhorting private companies to participate in the national effort of extending electricity access to the rural consumer. However, private companies have to balance shareholder and social objectives. Further, carbon emission...
Introduction of competition in the generation sector has resulted in an interest for modeling the behavior of competitors for all strategic decisions. The behavioral model using conjectural variation (CV) will play a key role in the prediction of behavior of all constituents of power market. The conjecture of a firm is defined as its belief or expectation about how its opponents will react to a change...
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