Kamaljit Singh, Jasvinder Kaur and Simmi Vashishtha
The purpose of this study is to conduct a critical review of the operational and financial trends of Uttar Haryana Bijli Vitran Nigam Limited and Dakshin Haryana Bijli Vitran…
Abstract
Purpose
The purpose of this study is to conduct a critical review of the operational and financial trends of Uttar Haryana Bijli Vitran Nigam Limited and Dakshin Haryana Bijli Vitran Nigam Limited. Furthermore, the study aims to determine whether loss-making utilities would benefit from adopting the strategic model employed by Haryana.
Design/methodology/approach
Time series data from 2005–2006 to 2022–2023 is analysed using various significant accounting ratios and operational and financial performance parameters to assess the annual performance over the period.
Findings
The substantial operational and financial performance results of UHBVNL and DHBVNL indicate that from 2017 to 2018 onwards, the power discoms started performing well and are in an improving stage. These results create a strong profile for the utilities, suggesting that their model could be a viable solution for other loss-making power distribution companies.
Practical implications
As a policy recommendation, rather than privatizing the discoms, authorities should study the strategic model of profit-making states like Haryana and implement it in other states without any political interference.
Originality/value
The relevant research questions addressed are: What best practices have Haryana power discoms adopted to enhance financial performance and minimize losses? What lessons can other loss-making state-owned power discoms learn from Haryana? Can Haryana power discoms be a benchmarking model for public and private discoms operating at a loss?
Details
Keywords
Kamaljit Singh and Simmi Vashishtha
The evidence on the causality of energy consumption and economic growth nexus is plentiful in energy economics studies. The empirical research results documented are dissimilar…
Abstract
Purpose
The evidence on the causality of energy consumption and economic growth nexus is plentiful in energy economics studies. The empirical research results documented are dissimilar because different methodologies, variables, time or data sources have been used. This study aims to examine and evaluate the existing literature to reveal the research inclinations, including future research directions. Therefore, from an application perspective, this study performed a bibliometric analysis that can serve as a basis for understanding research trend in relation to nexus of energy consumption and economic growth, its comprehensive research outcomes and the growing research inclination.
Design/methodology/approach
Using keyword search and delimiting criteria, 969 articles are selected for bibliometric analysis. Citation analysis, author keyword co-occurrence analysis, co-authorship and co-citation analysis are performed to assess the productive countries, authors, journals, articles, energy research trends, collaborating scholars and more frequently cited together articles.
Findings
Research results of the paper present a comprehensive research understanding of energy consumption and economic growth nexus studies. In terms of trending research topics, sustainable development, population density, urbanization, energy efficiency, energy intensity and carbon emission constitute a distinguished association that indicates the growth of these diverse fields’ study about energy.
Practical implications
As a policy implication and direction, the trade openness, natural gas/ resources, environmental kuznets curve, fossil-fuel consumption, agricultural land, financial development and foreign investments can be studied along with energy usage and economic growth nexus studies.
Social implications
The results provide valuable insight for the researchers selecting their potential disciplines for study, combining various techniques to deal with complex problems, identifying prospective co-authors and identifying the appropriate institutes for accompanying academic studies or collaborative research.
Originality/value
To the best of the author’s knowledge, this study is one of its kind regarding investigating the trend of energy consumption and economic growth relationship-related research published from 2001 to 2020 on the Scopus database.